Section 132 of the CGST Act, 2017—Bail – The petitioner sought bail. The counsel for the petitioner submitted that the petitioner has falsely been implicated in this case. The entire amount of alleged tax evasion to the tune of Rs.43.93 crores, has already been deposited by the recipient(s). The petitioner is in custody since 08.11.2022, investigation is complete, charge sheet is going to be filed tomorrow, the offence is compoundable, the maximum sentence awardable is five years. The court placed reliance upon the Hon’ble Supreme Court of India decision in case of Ratnambar Kaushik and observed that the petitioner is in custody since 08.11.2022, investigation as against him is complete, the amount of alleged tax evasion has already been deposited with the revenue by the recipient(s).

Held that:- The Hon’ble High Court allowed the bail application subject to certain conditions.