https://www.taxtmi.com/caselaws?id=287579 In a second bail application under the Central Goods and Services Tax Act, 2017, the Court weighed allegations of fake firms, fraudulent transfer of input tax credit to multiple beneficiary parties, substantial loss to the exchequer, partial recovery, and the petitioner's avoidance of summons followed by later arrest. On these facts, the Court held that the grounds advanced did not justify exercise of discretion in favour of release, and bail was declined. en-us Wed, 22 Jan 2020 00:00:00 +0530 Mon, 20 Apr 2020 12:23:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287579 In a second bail application under the Central Goods and Services Tax Act, 2017, the Court weighed allegations of fake firms, fraudulent transfer of input tax credit to multiple beneficiary parties, substantial loss to the exchequer, partial recovery, and the petitioner's avoidance of summons followed by later arrest. On these facts, the Court held that the grounds advanced did not justify exercise of discretion in favour of release, and bail was declined. Case-Laws GST Wed, 22 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287579