Lucknow: The Directorate General of GST Intelligence (DGGI), refuting the news that a huge amount of 197.47 crores recovered from perfume trader Piyush Jain as turnover, has termed as fictitious and baseless. DGGI has said that nothing like this has been done and further investigation is going on. Let us tell you that if Piyush Jain has a turnover of 197 crores, out of this amount, 52 crores will be deducted and the rest will be returned to Piyush.
Actually, there were reports that Rs 197 crore cash and 23 kg gold received from Piyush Jain's house in Kannauj and Kanpur has been considered by DGGI as turnover of Piyush's earnings. There were reports that this has been done intentionally or unintentionally to dilute the matter. But now DGGI has denied the news. Issuing a press release, it has been said that the amount of cash received has been deposited in SBI and the department is taking necessary action on its behalf. It is written in the release that assuming any kind of turnover and paying tax of Rs 52 crore is not correct.
The press release issued said that there are reports that DGGI has accepted 197.47 crore cash and 23 kg gold received from Piyush Jain, and with the consent of DGGI, Piyush Jain has offered to pay tax of 52 crores on it. is of. But these reports are fictional and baseless. By doing this the integrity of the ongoing investigation is being undermined. While the investigation is going on in a professional manner.