https://www.taxtmi.com/caselaws?id=404063 Anticipatory bail was declined in a GST prosecution involving alleged fake input tax credit, paper invoices, bogus transportation and a suspected chain of shell firms. The Court treated the allegations as a serious economic offence causing grave loss to the exchequer and found that the applicants' asserted limited role did not outweigh the material then on record. It also held that pending adjudication proceedings were not a prerequisite for action on the alleged offence, and that partial deposit of the alleged liability did not justify pre-arrest protection. The application was rejected against both applicants. en-us Thu, 04 Feb 2021 00:00:00 +0530 Mon, 24 Mar 2025 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404063 Anticipatory bail was declined in a GST prosecution involving alleged fake input tax credit, paper invoices, bogus transportation and a suspected chain of shell firms. The Court treated the allegations as a serious economic offence causing grave loss to the exchequer and found that the applicants' asserted limited role did not outweigh the material then on record. It also held that pending adjudication proceedings were not a prerequisite for action on the alleged offence, and that partial deposit of the alleged liability did not justify pre-arrest protection. The application was rejected against both applicants. Case-Laws GST Thu, 04 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404063