Case Law Details
Saurabh Chhajer Vs State of Rajasthan (Rajasthan High Court)
1. Petitioner has filed` this second bail application under Section 439 of Cr.P.C.
2. Complaint No. 34/2019 is pending before the Court of Chief Metropolitan Magistrate (Economic Offences) Jaipur Metropolitan, for offence under Sections 132(1), (b), (c), (f), (g), (k), (i) of Central Goods and Service Tax Act, 2017 read with Section 69 of CGST Act punishable under Section 132(1) (i) and (iv) of Central Goods and Service Tax Act, 2017 read with 132(5) of CGST Act.
3. It is contended by counsel for the petitioner that there is no evidence that fake firms were created by the petitioner. Department has not cared to interrogate the persons to whom alleged input tax credit was transferred. It is also contended that the offence is triable by First Class Magistrate. There are fourteen witnesses and statement of only two witnesses have been recorded.
4. Learned counsel appearing for Union of India has vehemently opposed the bail application. It is contended that petitioner has created fake firms and has fraudulently, transferred input tax to as many as 470 beneficiary parties. Out of which, fifty five parties took fraudulent input tax credit and have now reversed those entries. It is contended that total loss caused to the exchequer is to the tune of Rs. Thirty three crore, out of which, Rs. Thirteen crore has been recovered so far. It is also contended that petitioner avoided service of summons and was arrested from Ajmer.
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