Sovit Bansal Vs Directorate General of GST (Punjab and Haryana High Court)
Punjab & Haryana HC Grants Bail Because Complaint Was Filed and Further Custody Was Unnecessary; GST Fraud Accused Released on Bail Because Witness Examination Had Not Started; Bail Allowed in GST Evasion Case Despite ₹116 Crore Allegation Because Trial Delay Favoured Release; Punjab & Haryana HC Grants Bail in Fake ITC Case Because Maximum Punishment Was Five Years; Further Incarceration Not Required After Filing of GST Complaint; Punjab & Haryana HC Releases GST Evasion Accused on Bail Subject to Monthly Reporting Conditions; Bail Granted in Alleged Fake Invoice and ITC Fraud Case Because Trial Was Expected to Take Time: Punjab and Haryana High Court
The petitions before the Punjab and Haryana High Court sought regular bail under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 in a complaint filed under Sections 132(1)(a) and 132(1)(c) read with Section 132(1) of the CGST Act, 2017 along with provisions of the IGST Act and Punjab GST Act.
The petitioners were alleged to be involved in clandestine sale of goods through six firms, namely M/s Shree Salasar Steel Tubes & Co., M/s Shree Salasar Balaji Steel Tubes, M/s K.T.B. Alloys, M/s A.K.M. Alloys, M/s Ram Ji Concast, and M/s Bharat Steel Industries. According to the complaint, secret information was received that the petitioners were engaged in GST evasion activities through these firms.
