Bail Granted in Alleged 73 Fake Firms & ITC Scam by Rajasthan HC

Mohit S/o Shri Ishwar Sharma Vs Union of India (Rajasthan High Court) Introduction: The Rajasthan High Court has granted bail to Mohit Sharma in a case involving 73 alleged fake firms and a substantial Input Tax Credit (ITC) transaction of Rs. 73.54 Crore. This article delves into the details of the case, the arguments presented, and the court’s decision. Detailed Analysis: i. Background of the Case: Mohit Sharma filed a bail application under Section 439 P.C. in connection with Case No. DGGI/Inv/INTL/40/2023. The case, registered at the DGGI Zonal Office, Jaipur, pertains to offenses un...