GST Fake ITC: HC grants anticipatory bail to petitioner as he cooperated with police

Luv Vs State of Haryana (Punjab and Haryana High court) The allegations in the present case are that the petitioner and his accomplices claimed false input tax credit through bogus sale of goods without paying any GST. In this manner, the accused persons caused loss to the Government exchequer. As has been contended by the counsel for the petitioner such type of evasion to the extent of Rs.5 crore under GST Act, amounts to a bailable offence. Further in the present case, the petitioner has cooperated with the police and has handed over his laptop, voice sample and sample of his signatures to t...