https://www.taxtmi.com/caselaws?id=404817 The bail application under the CGST Act was dismissed by the court due to the ongoing investigation into allegations of fake invoices and wrongful ITC availing, constituting an offence under Section 132. The court emphasized the seriousness of the economic offence, potential witness tampering, and substantial taxation loss of Rs. 44.19 Crores to the Government Exchequer. The legality of the accused's arrest without an FIR was upheld under Section 69. The decision was made to prevent interference with the investigation and maintain the integrity of the case, without prejudging its merits, highlighting the need for stringent measures in economic offences. en-us Mon, 18 Jan 2021 00:00:00 +0530 Mon, 24 Mar 2025 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404817 The bail application under the CGST Act was dismissed by the court due to the ongoing investigation into allegations of fake invoices and wrongful ITC availing, constituting an offence under Section 132. The court emphasized the seriousness of the economic offence, potential witness tampering, and substantial taxation loss of Rs. 44.19 Crores to the Government Exchequer. The legality of the accused's arrest without an FIR was upheld under Section 69. The decision was made to prevent interference with the investigation and maintain the integrity of the case, without prejudging its merits, highlighting the need for stringent measures in economic offences. Case-Laws GST Mon, 18 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404817