https://www.taxtmi.com/caselaws?id=395137 The court denied bail in a case involving an offense under Section 132 of the CGST Act for obtaining tax credit through fictitious firms. The decision was based on the seriousness of the offense, potential tampering of evidence, substantial loss to the public exchequer, ongoing investigation with numerous firms and co-accused, and the risk of hindrance to the probe. Despite arguments regarding the quantum of sentence, recovery of funds, non-arrest of co-accused, and petitioner's health issues, bail was refused due to the pre-meditated nature of the offense and the significant loss incurred. en-us Tue, 05 May 2020 00:00:00 +0530 Mon, 02 Nov 2020 15:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395137 The court denied bail in a case involving an offense under Section 132 of the CGST Act for obtaining tax credit through fictitious firms. The decision was based on the seriousness of the offense, potential tampering of evidence, substantial loss to the public exchequer, ongoing investigation with numerous firms and co-accused, and the risk of hindrance to the probe. Despite arguments regarding the quantum of sentence, recovery of funds, non-arrest of co-accused, and petitioner's health issues, bail was refused due to the pre-meditated nature of the offense and the significant loss incurred. Case-Laws GST Tue, 05 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395137