HC Grants Bail to accused in Wrongful ITC availment case

Sandeep Goyal Vs Union Of India (Rajsthan High Court) Learned counsel for the respondent has opposed the petitions and has submitted that allegations levelled against the petitioners were serious in nature. After thorough investigation of the case it transpired that accused had created 75 fake firms and had issued GST invoices of taxable value of Rs. 1163,13,39,281/-involving GST of Rs. 102,18,27,034/- without any physical movement of goods. Although in the present case allegations levelled against the petitioners are serious in nature but the fact remains that the petitioners are in custody ...