2020 (6) TMI 378

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..... economy of the country, petitioner has claimed input tax credit to the tune of 11.6 crores, the bail application is not entertained. Bail application dismissed.
Hon'ble Mr. Justice Pankaj Bhandari For the Petitioner(s) : Mr. V R Singh Bajwa For the Union of India : Mr. Anand Sharma JUDGMENT/ORDER 1. Heard counsel for the petitioner and counsel for Union of India through video conferenc .....

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..... d to have been send to the petitioner are pick-up, scooty and motorcycle etc. which clearly goes to show that fake bill entries were manipulated to claim input tax credit to the tune of ₹ 11.6 crores. 6. I have considered the contentions. 7. Considering the facts that claim of input tax credit without there being any transaction directly affects the economy of the country, petitioner has c .....

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