Bail denied for accused in Rs. 704 crore fake input tax credit fraud involving 353 shell companies

Bail denied for accused in Rs. 704 crore fake input tax credit fraud involving 353 shell companiesCase-LawsGSTHC dismissed regular bail application for accused involved in creating 353 fake firms to pass fraudulent input tax credit worth Rs. 704 crores. C

Bail denied for accused in Rs. 704 crore fake input tax credit fraud involving 353 shell companies
Case-Laws
GST
HC dismissed regular bail application for accused involved in creating 353 fake firms to pass fraudulent input tax credit worth Rs. 704 crores. Court held economic offences of such magnitude constitute serious threat to economy and cannot be treated leniently despite being non-violent. Accused's conduct during proceedings, including suppression of criminal antecedents and att

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