P&H HC Grants Bail In ₹30.4 Cr Fake Invoice case as Co-Accused Already Received Similar Relief

Naveen Tayal Vs CGST, Faridabad (Punjab and Haryana High Court) The Punjab and Haryana High Court considered a petition seeking regular bail in a complaint filed under Sections 132(1)(b), 132(1)(c), 132(1)(f), and 132(1)(i) of the Central Goods and Services Tax Act, 2017. The complaint alleged that the petitioner and a co-accused were involved in issuing fake invoices to avail and pass on ineligible Input Tax Credit (ITC) without actual supply of goods. According to the allegations, two firms were used for availing and passing on ineligible ITC. Investigation of GST returns revealed that one f...