Seeking grant of anticipatory bail - fake firms were created for ...

Court Denies Anticipatory Bail in Fake Firm Scam; Custody Needed to Uncover Tax Credit Fraud Scheme Participants.

February 4, 2022

Case Laws VAT and Sales Tax HC

Seeking grant of anticipatory bail - fake firms were created for claiming bogus Input Tax Credit - For managing the affairs as alleged in present case, it is a well prepared and planned net which is laid down. Each and every person has a specific role to be played and in such a case one loose end left ensures that the entire net disappears. If the petitioner is clothed with protection of pre-arrest bail, the deeper probe required to unearth the scam would be defeated. The custody of petitioner is necessary as he is the only person who can disclose the persons involved and unearth the modus operandi. - HC

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Seeking grant of anticipatory bail - fake firms were created for ...

Court Denies Anticipatory Bail in Fake Firm Scam; Custody Needed to Uncover Tax Credit Fraud Scheme Participants.

February 4, 2022

Case Laws VAT and Sales Tax HC

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