Petitioner was engaged in issuance of fake bills and invoices, accordingly bail application rejected.
Section 132 of the CGST Act, 2017 — Bail– The petitioner filed bail application under Section 439 Cr.P.C for the offence under Sections 132(1)(c) of the Act. The counsel for the petitioner submitted that the petitioner was an employee in M/s Veto Merchandise and resigned in Feb. 2020. The petitioner has furnished details to establish that there was actual movement of the goods. Co-accused has been given benefit of bail by this Court. The respondent counsel opposed the bail application and submitted that at the relevant time petitioner was partner in M/s Veto Merchandise and a sum of Rs. 47 crore was claimed as ITC without any transportation of goods.
Held that:- The Hon’ble High Court rejected the Bail Application.
Petitioner was engaged in issuance of fake bills and invoices, accordingly bail application rejected.
Section 132 of the CGST Act, 2017 — Bail– The petitioner filed bail application under Section 439 Cr.P.C for the offence under Sections 132(1)(c) of the Act. The counsel for the petitioner submitted that the petitioner was an employee in M/s Veto Merchandise and resigned in Feb. 2020. The petitioner has furnished details to establish that there was actual movement of the goods. Co-accused has been given benefit of bail by this Court. The respondent counsel opposed the bail application and submitted that at the relevant time petitioner was partner in M/s Veto Merchandise and a sum of Rs. 47 crore was claimed as ITC without any transportation of goods.
Held that:- The Hon’ble High Court rejected the Bail Application.