Custody Not Required as Trial Likely to Take Time, HC Grants Bail in Fake ITC Case

Santosh Wadhwani Vs Directorate General of Goods And Service Tax (Chhattisgarh High Court) The applicant filed a bail application under Section 483 of the Bharatiya Nagarik Suraksha Sanhita in connection with an alleged offence under Section 132(1)(c) of the CGST Act, 2017. The prosecution alleged that the applicant fraudulently availed Input Tax Credit (ITC) amounting to ₹11.44 crore through fake invoices without actual supply of goods, involving multiple non-existent firms. It was further alleged that the applicant controlled the transactions and was the ultimate beneficiary of the scheme....