Calcutta High Court Grants Bail in GST Fraud Case

Gopal Rathi Vs Ratan Banik (Calcutta High Court) Summary: This case, Gopal Rathi vs. Ratan Banik, revolves around a bail application filed by Gopal Rathi under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (BNSS). Rathi was arrested in connection with a case under the Central Goods and Services Tax (CGST) Act, 2017, for allegedly using fraudulent tax invoices to claim input tax credit (ITC) worth approximately Rs. 67 crores without any actual movement of goods. He had been in judicial custody for nearly 40 days at the time of the hearing. Rathi’s legal counsel, Mr. Singh, ...