<h1>Delhi Court Grants Bail to Eight in Rs 54 Crore Fraudulent GST Refund Case; Highlights Prolonged Custody, Unpursued Parties.</h1> A Delhi court granted bail to eight individuals accused in a fraudulent GST refund case, citing their prolonged custody and financial hardship. The case involves approximately 500 fictitious firms that allegedly claimed false GST refunds totaling around Rs 54 crore from July 2017 to August 2021. The court noted that other involved parties, including those controlling 96 firms that received refunds and their authorized signatories, have not been pursued. The accused allegedly conspired to create fake firms purportedly exporting medical goods to claim refunds without actual business activities, amid procedural lapses by GST officials.