Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Page of 4801
Press 'Enter' after typing page number.
341 to 360 of 96001 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The HC dismissed the petition and refused grant of pre-arrest bail in respect of summons issued by respondent No.3 under section 70 of the CGST Act, concluding that the petitioner faces specific and serious allegations of operating a fictitious firm, facilitating fraudulent input tax credit of approximately Rs. 29.4 crore, preparing false e-way bills, providing incorrect bank details and orchestrating inter-account fund rotation to evade revenue, and furnishing fictitious supplier details. The Court found the inquiry to be at a nascent stage, the petitioner non-cooperative, and a substantial revenue loss alleged; it held there is a real risk of misuse of pre-arrest bail enabling evasion of custodial interrogation, tampering with evidence or manipulation of records, warranting dismissal.
The HC dismissed the petition and refused grant of pre-arrest bail in respect of summons issued by respondent No.3 under section 70 of the CGST Act, concluding that the petitioner faces specific and serious allegations of operating a fictitious firm, facilitating fraudulent input tax credit of approximately Rs. 29.4 crore, preparing false e-way bills, providing incorrect bank details and orchestrating inter-account fund rotation to evade revenue, and furnishing fictitious supplier details. The Court found the inquiry to be at a nascent stage, the petitioner non-cooperative, and a substantial revenue loss alleged; it held there is a real risk of misuse of pre-arrest bail enabling evasion of custodial interrogation, tampering with evidence or manipulation of records, warranting dismissal.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4801
Join Channel
TaxTMI 
