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GST - Highlights / Catch Notes

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Seeking grant of Bail - illegal availment of input tax credits - ...

Case Laws     GST

January 21, 2022

Seeking grant of Bail - illegal availment of input tax credits - True it is that offence committed under Section 132 (1) of the Act of 2017 is made compoundable under Section 138 of the Act of 2017, subject to deposit of amount assessed. Present is not the case where applicants being businessmen in the course of their business inadvertently committed any offence as defined under Section 132 (1) (b) (c) of the Act of 2017 - applicants with intention to commit economic crime, created fictitious firms in a planned manner - This is not a fit case where applicants should be enlarged on regular bail - HC

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