SC denies bail in Circular Trading / Fraudulent GST ITC Claim case

P.V. Ramana Reddy Vs Union of India & Ors. (Supreme Court of India) Supreme Court upholds decision of Hon’ble Telangana HC which rejected challenge to the power to issue summons under GST and held that a person can be arrested by the competent authority in cases of Goods and Service Tax (GST) evasion. Facts- The petitioner had approached the High Court, challenging summons issued by the Superintendent (Anti Evasion) u/s 70 of the CGST Act as well as invocation of penal provisions u/s 69 of the Act. In a plea akin to one seeking anticipatory bail, the petitioner and others sought that dir...