Wrongful input tax credit misuse: anticipatory bail granted, custodial interrogation declined and compounding possibility noted
Case-Laws
GST
Grant of anticipatory bail to an accused for alleged wrongful utilisation of input tax credit was ordered; custodial interrogation was declined because detention would adversely affect business and the alleged amount (~Rs.10 Crores) attracts a maximum five-year sentence, while compounding of offences remains available, so prosecution may be avoida
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