Seeking grant of Bail - Input tax credit - The Petitioner is ...

High Court Denies Bail for Economic Offenses Involving Fraudulent GST Claims, Citing Significant State Losses and Development Impact.

July 6, 2021

Case Laws GST HC

Seeking grant of Bail - Input tax credit - The Petitioner is said to have been involved in commission of the above Economic offences which are considered to be grave. Such dubious activities in committing offences for making huge unlawful gain by causing huge loss to the State Exchequer is a step towards not only scuttling the process of development in the country but also in standing as developed country in the globe in which our march is on - Bail not granted - HC

View Source

← Previous Next →

Seeking grant of Bail - Input tax credit - The Petitioner is ...

High Court Denies Bail for Economic Offenses Involving Fraudulent GST Claims, Citing Significant State Losses and Development Impact.

July 6, 2021

Case Laws GST HC

You may also like:

In the present case involving economic offenses related to GST fraud, the court denied bail to the applicants. The applicants were found to be connected with Sanjay...

Grant of Bail - siphoning of funds - transfer of funds among different companies - The present case is of an economic offence involving siphoning of public...

A bail application was rejected in a case involving the creation of fake companies, appointment of fictitious directors/ partners/ proprietors, and illegal passing of...

Economic offences involving large-scale fraud, money laundering, and corruption are viewed seriously as they impact the economic fabric of society. Bail may be denied in...

Economic offenses involving large-scale fraud, money laundering, and corruption are viewed seriously as they affect the economic fabric of society. The present case...

This case deals with the issue of granting bail in a case involving forgery, creation of fake GST firms, and related economic offenses. The key points are: The court...

Grant of Bail - allegation of bogus input tax credit - For the purpose of granting or refusing bail there is no classification of the offences except the ban under...

Bail cancellation case involving fraudulent input tax credit and creation of fake invoices under GST Act. Court found no procedural lapses by authorities in arrest as...

DSC dismissed the bail application of the accused in a GST fraud case involving creation and operation of 12 fake firms for fraudulent Input Tax Credit (ITC) claims. The...

Seeking grant of Bail - money Laundering - Scheduled offence - opening of bank account by forging documents in the name of fictitious persons - scope of section 45 of...

Seeking grant of Regular Bail - availing and utilizing wrongful input tax credit - fake firms who have availed and passed on fake input tax credit on the strength of...

The HC denied bail to the applicant accused of money laundering and collecting illegal bribes while controlling high-level management of State departments and public...

HC granted regular bail to the applicant Director of M/s Nandeshwari Steel Co. in a case involving fraudulent availment of ITC and issuance of fraudulent invoices by...

HC denied bail in GST fraud case where petitioner allegedly availed fraudulent Input Tax Credit worth 10.67 crores through fictitious firms. Evidence included seized...

Rejection of anticipatory bail - Money Laundering - Bike Bot Scam - Funds were diverted to shell companies for concealing the true purpose of collecting it and for...

Quick Updates: