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2022 (4) TMI 1094

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..... y filed a short-counter affidavit. However, considering the facts and circumstances of the case, he is directed to file a complete counter affidavit within four weeks. Applicant will have two weeks thereafter to file rejoinder affidavit. In the event of arrest, applicant Rahul Agarwal shall be released on ad-interim anticipatory bail on his furnishing a personal bond of ₹ 50,000/- with tw .....

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..... ervices Tax Act, 2017. Mrs. Pragya Pandey, learned counsel for applicant contends that only allegation against the applicant is that the sale invoice (ITC) Income-tax Credit Certificate produced by applicant before GST Authority is alleged to be fraud. However, no final adjudication with regard to the nature of above has been made till date. It is then contended that a demand of ₹ 7.36 cr .....

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..... opposite party has vehemently opposed this application for anticipatory bail. He submits that the offence complained of against applicant is an economic offence and relates to the revenue of the Union. As such, no indulgence be granted by this Court in favour of applicant. Having heard learned counsel for applicant, learned counsel for opposite party and upon perusal of record, matter requires .....

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..... and when required; (ii) The applicant shall not directly or indirectly, make any inducement, threat or promise to any person acquainted with the facts of the case so as to dissuade from disclosing such facts to the Court or to any police officer; (iii) The applicant shall not leave India without the previous permission of the Court and if he has passport, the same shall be deposited by him b .....

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