CBIC said the agency has recovered 150 crores from searches in Kanpur at several locations related to Trimurti Fragrance is the "biggest haul ever".
BJP has launched a scathing attack on Samajwadi Party after CBIC unearthed a massive 150 crore scam on a perfume company in Uttar Pradesh, which manufactured 'Samajwadi perfume'.
Taking the attack on the SP to social media, BJP national spokesperson Sambit Patra said that the massive amount of cash seized during the raids was from the house of the person who launched the 'Samajwadi' perfume. In a tweet he said, “Samajwadi ka naara hai, janta ka paisa humara hai. In a GST raid on Piyush Jain, who launched Samajwadi perfume at the party's office, more than Rs 100 crore has been found; what kind of Samajwadi (socialist) black money is this?"
"Perfume's speciality is its fragrance. But if the perfume gets in the hands of the SP, they even kill its fragrance too. SP means corruption everywhere…. it is not new, it is the same old SP," said the BJP.
"This is the true colour of the Samajwadi leaders. Akhilesh ji could not hide the 'smell of corruption' with Samajwadi perfume. Crores and crores of black money is exposing your false socialism," said the BJP.
Vivek Johri, the Chairman of Central Board of Indirect Taxes and Customs (CBIC) on Friday (December 24), said that the cash recovery of approximately Rs 150 crores from searches in Kanpur at several locations related to Trimurti Fragrance is the "biggest haul ever". The teams of CBIC are currently at various premises of businessman Piyush Jain counting cash.
"We got the information that Trimurti Fragrances was working without an invoice or tax payment. We searched their three entities and recovered approximately Rs 150 crore cash. This is the biggest recovery ever in the history of CBIC," Johri told ANI.
Briefing about the details of the searches, Johri said, "Ahemdabad unit of DGGI received intelligence that pan masala and G company Trimurti Fragrance, manufacturers of a branded Gutkha, are transporting materials without any invoices and without paying taxes."
"DGGI Ahemdabad team started searches on the manufacturer of Pan Masala and their supplier. A transporter and a fragrance company of Unnao were also searched as they were providers of fragrance to the pan masala company," he added.
Johri also said that one of the parties involved has accepted the case of tax evasion and has deposited Rs 3 crore for the same.
"No arrest has been made yet," he added.
As per the GST law, if the invoice is more than a certain limit, it is necessary to generate invoices. During searches, DGGI found an item on which the Goods and Services Tax (GST) tax rate was 28 per cent plus cess, Johri informed. "The probe further revealed that these people were dispatching material without any invoice and e-way bills. Two-three parties are involved in this. All the invoices we found were fake. Value of the item suppressed," he added.
"A case of fake invoicing and fake credit has been reported…Those involved were dispatching material without any invoice and e-way bills. All the invoices we found were fake. Value of the item suppressed," he informed. The CBIC Chairman also informed that counting of the seized cash is underway.
(With inputs from ANI)