GST Evasion: No anticipatory bail for an offence which is bailable

V.K. Traders Vs Union of India (Allahabad High Court) The dispute in the present matter relates to an amount of Rs.1,80,86,343/-which is stated to be prima facie availed by M/s V.K. Traders the applicant no. 1 as an inadmissible Input Tax Credit (ITC). It is argued that the applicant no. 1 is the proprietorship firm of which the applicant no. 2 is the sole proprietor. It is argued that since in para- 28 of the counter affidavit it has specifically been mentioned that all the offences in which tax evasion is less than Rs. 5 crore remain bailable and only most grave offences involving tax evasio...