Denial of bail to assessee as bogus ITC claimed without supply of any physical goods

Rajeev Mishra Vs State of Odisha And Another (Orissa High Court)

Conclusion: Considering the nature and gravity of the accusation, the nature of supporting evidence, availability of prima facie case against assessee, coupled with the fact that a huge amount of public money had been misappropriated by availing and passing of bogus ITC, assessee was denied of release on bail.

Held:  Assessee and other accused were predominantly engaged in pedalling

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