2021 (4) TMI 1172

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g in papers - HELD THAT:- The bail cannot be granted to petitioner - bail application rejected. - S. B. Criminal Miscellaneous Bail Application No. 5371/2021 - - - Dated:- 20-4-2021 - HON'BLE MR. JUSTICE PANKAJ BHANDARI For the Petitioner : Mr. Sarvesh Jain through VC For the Respondent : Mr. Siddharth Ranka through VC ORDER 1. Petitioner has filed this bail applica .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ner in M/s Veto Merchandise and a sum of ₹ 47 crore was claimed as Input Tax Credit without any transportation of goods. It is also contended that on the basis of fake bills and invoices input tax credit was passed on to firms which were existing in papers. It is contended that the sum involved is to the tune of ₹ 47 crore. 5. I have considered the contentions. 6. Considering the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X