DGGI acting on intel searched the premises of manufacturers of Shikhar Pan Masala
Commodity: Pan Masala/Scented Tobacco
Brand: Shikhar of Trimurti Fragrance Pvt Ltd, Kanpur
Detection: Rs 10 crores (preliminary estimate)
Recovery: Rs 3.09 crores (cash)
Cash recovered: > Rs 150 crores (approx)
On specific intelligence, officers of DGGI, Ahmedabad initiated searches in Kanpur at the factory premises and the premises belonging to the transporter who was involved in transportation of goods under the cover of fake invoices, without generating Eway Bills.
The transporter used to generate multiple invoices in the name of non existent firms, all below Rs 50,000/- for one truck load, to avoid generation of Eway Bills.
The officers successfully intercepted and seized 4 such trucks outside the factory premises.
More than 200 fake invoices used in the past for transportation without payment of GST have been recovered from the warehouse of transporter. Further, physical stock taking in the factory has resulted in detection of shortage of raw materials/finished goods.
Most importantly, at the residence of one of the suppliers, also related to the transporter, huge cash amount, likely to be in excess of Rs. 150 crores has been recovered. The process of counting of currency notes is still going on with the help of SBI officials. It may get concluded by tomorrow morning, giving us the exact figures. It is proposed to seize it for further in-depth investigations.
Necessary follow up action is also being organised.
