Notices served to 12 for GST ‘evasion’ Demand-cum-show cause notices have been served to 12 parties, including Peeyush Kumar Jain and his firms by the directorate general of goods and services tax, intelligence,

zonal unit Ahmedabad for alleged evasion worth Rs 496.68 crore, under Sec. 74 (1 ) CGSTAct 2017 read with Sec. 74(1)of UP GST Act 2017 According to Ambarish Tandon, advocate and counsel for CGST, the Ahmedabad CGST unit had raided a house in Kanpur and firms located in Kannauj

The CGST Ahmedabad unit arrested Peeyush Jain on charges of tax evasion and recovered unaccounted Rs 196 crore in cash and smuggled gold weighing several kilograms, in December 2021. Jain is facing trial in Kanpur court.

On Saturday, the date of hearing, he appeared along with his counsel in the court.