Petitioner denied bail under s.132(1) CGST Act for alleged Rs.19.76 crore ineligible ITC; remanded due to probe risks
Case-Laws
GST
The HC dismissed the petition for bail and remanded the petitioner in custody. The court held there existed reasonable grounds to believe the petitioner committed offences under s.132(1) of the CGST Act, 2017, for wrongfully availing and passing on ineligible ITC totalling Rs. 19.76 crores, exceeding the statutory threshold. A clerical error in the arrest a
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