https://www.taxtmi.com/caselaws?id=383144 The court denied bail to the accused in a case involving fraudulent tax evasion exceeding Rs. 20 Crore through wrongful availing of input tax credit by issuing invoices without actual supply of goods. The court found that the accused managed firms engaged in fraudulent activities causing significant loss to the government. Despite the defense's arguments, the court considered the gravity of the offense, lack of contest on the absence of actual supply, and early stage of investigation, leading to the dismissal of the bail application. en-us Wed, 10 Jul 2019 00:00:00 +0530 Mon, 10 Mar 2025 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383144 The court denied bail to the accused in a case involving fraudulent tax evasion exceeding Rs. 20 Crore through wrongful availing of input tax credit by issuing invoices without actual supply of goods. The court found that the accused managed firms engaged in fraudulent activities causing significant loss to the government. Despite the defense's arguments, the court considered the gravity of the offense, lack of contest on the absence of actual supply, and early stage of investigation, leading to the dismissal of the bail application. Case-Laws GST Wed, 10 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383144