Purposive interpretation of residential house exemption: unregistered purchase agreement alone does not defeat relief, but investment must be verified...
Regular bail in a pending GST evasion prosecution was declined at the investigation stage, given alleged excess stock, mismatches between documented sales and inventory, and unrecorded purchases and storage without invoices. The alleged conduct involved taxable goods not entered in the books of account and was treated as an economic offence. With investigation continuing and no charge sheet presented, the gravity of the allegations was considered insufficiently compatible with granting bail at that stage, without addressing the merits of the prosecution.
Regular bail in a pending GST evasion prosecution was declined at the investigation stage, given alleged excess stock, mismatches between documented sales and inventory, and unrecorded purchases and storage without invoices. The alleged conduct involved taxable goods not entered in the books of account and was treated as an economic offence. With investigation continuing and no charge sheet presented, the gravity of the allegations was considered insufficiently compatible with granting bail at that stage, without addressing the merits of the prosecution.
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