GST Evasion Case: HC denies bail considering crucial stage of investigation

Thiru. Yasar Arabath, Vs Deputy Commissioner (State Taxes) (Madras High Court) In this case there is Sufficient materials available to show the petitioner without having inward supply of goods, have issued fake invoices without actual movement and supply of. He made total cash payment of Rs.7,30,324/- only as against the Rs.5,23,66,944/-. Hence, the offence committed exceeds Rs.5 crores. The offence committed falls under Section 132(1) of TNGST Act 2017. Hence, it is a non-bailable offence. The evidence gathered against the petitioner and the total loss of the State due to the tax credit evasi...