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Conditional Bail Granted: Petitioner Must Deposit Remaining GST Arrears and Cooperate with Ongoing Investigation Within Specified Timeframe HC granted conditional bail, requiring petitioner to deposit Rs.3.00 crores in GST arrears within eight weeks, having already deposited Rs.2.28 crores. ...
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Conditional Bail Granted: Petitioner Must Deposit Remaining GST Arrears and Cooperate with Ongoing Investigation Within Specified Timeframe
HC granted conditional bail, requiring petitioner to deposit Rs.3.00 crores in GST arrears within eight weeks, having already deposited Rs.2.28 crores. Petitioner must join investigation when directed by senior intelligence officer and is protected from arrest until next hearing date, contingent on compliance with court's conditions.
Issues: Bail application rejection due to failure to deposit amount, compliance with imposed condition, deposit of GST arrears, joining investigation
Bail Application Rejection: The petitioner's bail application was rejected on the grounds of failure to deposit a specified amount within the given time frame. The learned counsel for the petitioner referred to a chart showing various payments made after the specified date, indicating compliance with the condition imposed. The respondent's counsel cited a previous case where the court had ordered a deposit of arrears of GST to the extent of 25%, but the petitioner argued it was a voluntary submission in that case. The court noted the petitioner had already deposited a significant amount and directed the balance to be deposited to reach a total of Rs.3.00 crores within eight weeks. The petitioner was also directed to join the investigation as required.
Deposit of GST Arrears: The court considered it appropriate for the petitioner to deposit at least 20% of the GST amounting to Rs.3.00 crores. The petitioner had already deposited around Rs.2.28 crores, and the court ordered the balance to be deposited within eight weeks. The petitioner was directed to join the investigation when instructed by the senior intelligence officer.
Joining Investigation: The court directed the petitioner to join the investigation as and when directed by the senior intelligence officer. The petitioner was granted relief from arrest until the next hearing date on 23.01.2023, subject to the payment of the specified amount and cooperation in the investigation process.
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