The Court looking to the seriousness of the offence and lack of change in circumstances, rejected the bail application of the applicant.
Section 132 of the CGST Act, 2017 —Bail —–The applicant sought regular bail. The petitioner was arrested for the offence punishable under section 132 of the Act. It is alleged that the petitioner obtained the tax credit to an extent of about Rs. 60 Crores through 35 fictitious firms allegedly established by him in connivance with other persons for claiming tax credit on the goods not sold but by raising fake and bogus invoices. The applicant counsel submitted that in other case, the applicant has been released on regular bail vide order dated 23.04.2021 considering that the fact that the accused was behind bars since 06.01.2020 and also that all the co-accused have been enlarged on bail by the trial Court. The Court observed that earlier also bail of the applicant was rejected and no substantial change in circumstances or any exceptional aspect has been pointed out by the applicant, which would warrant his release on bail.
Held that:- The Hon’ble Court rejected the bail application.
The Court looking to the seriousness of the offence and lack of change in circumstances, rejected the bail application of the applicant.
Section 132 of the CGST Act, 2017 —Bail —–The applicant sought regular bail. The petitioner was arrested for the offence punishable under section 132 of the Act. It is alleged that the petitioner obtained the tax credit to an extent of about Rs. 60 Crores through 35 fictitious firms allegedly established by him in connivance with other persons for claiming tax credit on the goods not sold but by raising fake and bogus invoices. The applicant counsel submitted that in other case, the applicant has been released on regular bail vide order dated 23.04.2021 considering that the fact that the accused was behind bars since 06.01.2020 and also that all the co-accused have been enlarged on bail by the trial Court. The Court observed that earlier also bail of the applicant was rejected and no substantial change in circumstances or any exceptional aspect has been pointed out by the applicant, which would warrant his release on bail.
Held that:- The Hon’ble Court rejected the bail application.