Bail granted to accused in alleged Rs.35 crore GST input-tax-credit fraud via fake firms; investigation complete, trial lengthy
Case-Laws
GST
HC granted bail to the applicant accused of alleged GST evasion by purported availment of input tax credit through fabricated firms, involving purported evasion of approximately Rs.35 crore. The court noted the offences are triable by a Magistrate and carry a maximum sentence of five years; investigation is complete and complaint filed. Emphasizing that the prosecution case is documentary and electronic in nature with official ocular witnesses, the HC found minimal risk of tampering or influencing evidence and observed protracted trial prospects. Having regard to these factors and applicable higher-court precedent, the HC allowed the bail application subject to appropriate conditions to be imposed.
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