HC grants Bail to Accused of Rs. 30 Cr GST Evasion (Illegal Input Tax Credit)

Satya Prakash Singh Vs Union of India through GST Council. (Jharkhand High Court)

Heard learned counsel appearing for the petitioner and the learned counsel for opposite party, who opposes the prayer for bail.

The petitioner is an accused for allegedly committing offence punishable under Sections 132(1)(c) of the Central Goods and Services Act, 2017.

There is an allegation against this petitioner that he illegally availed Input Tax Credit. The petitioner is in custody since 23.08.2018.

Learned counsel appearing for the respondents opposes the prayer for bail and submits that this petitioner has taken the benefit of about Rs. 30 crores illegally by way of Input Tax Credit.

Please become a Premium member. If you are already a Premium member, login here to access the full content.