https://www.taxtmi.com/caselaws?id=338767 Anticipatory bail was declined where the investigation material prima facie showed creation of fake firms using forged documents, procurement of VAT registration on false papers, and diversion of transactions to claim tax credit. The Court relied on statements of the persons in whose names the firms were shown and the co-accused to find prima facie involvement in criminal breach of trust, cheating, misappropriation and forgery under the Indian Penal Code, together with offences under the Gujarat Value Added Tax Act, 2003. The contention that only VAT-related contraventions were made out was rejected, and discretion was not exercised in favour of the applicant. en-us Mon, 06 Feb 2017 00:00:00 +0530 Thu, 09 Feb 2017 22:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338767 Anticipatory bail was declined where the investigation material prima facie showed creation of fake firms using forged documents, procurement of VAT registration on false papers, and diversion of transactions to claim tax credit. The Court relied on statements of the persons in whose names the firms were shown and the co-accused to find prima facie involvement in criminal breach of trust, cheating, misappropriation and forgery under the Indian Penal Code, together with offences under the Gujarat Value Added Tax Act, 2003. The contention that only VAT-related contraventions were made out was rejected, and discretion was not exercised in favour of the applicant. Case-Laws VAT and Sales Tax Mon, 06 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338767