Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
The HC allowed the bail application and ordered release of the applicant subject to usual conditions. Although accused is charged with large-scale fraud exceeding Rs. 40 crores for alleged fraudulent availment of input tax credit on fabricated GST invoices, the court noted investigation is complete, the trial remains at the pre-charge evidence stage and prosecution relies predominantly on documentary and electronic evidence. The applicant had previously been enlarged on interim bail, cooperated with proceedings, has no antecedent criminal record and has endured aggregate custody exceeding four months. Balancing liberty interests and trial duration, and without expressing any opinion on merits, the bail petition was granted.
The HC allowed the bail application and ordered release of the applicant subject to usual conditions. Although accused is charged with large-scale fraud exceeding Rs. 40 crores for alleged fraudulent availment of input tax credit on fabricated GST invoices, the court noted investigation is complete, the trial remains at the pre-charge evidence stage and prosecution relies predominantly on documentary and electronic evidence. The applicant had previously been enlarged on interim bail, cooperated with proceedings, has no antecedent criminal record and has endured aggregate custody exceeding four months. Balancing liberty interests and trial duration, and without expressing any opinion on merits, the bail petition was granted.
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