https://www.taxtmi.com/highlights?id=58336 Input Tax Credit - dummy and sham firms - fake and fabricated invoices without supply of any physical goods - As the law stands, in such type of offences, while granting bail, the Court has to keep in mind, inter alia, the larger interest of the public and State. - the petitioner is hand in gloves with the other accused in creation and operation of the non-existent business entities for availing and passing of bogus ITC thereby defrauding the state exchequer - Bail application dismissed - HC en-us Fri, 11 Jun 2021 13:03:26 +0530 Fri, 11 Jun 2021 13:03:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58336 Input Tax Credit - dummy and sham firms - fake and fabricated invoices without supply of any physical goods - As the law stands, in such type of offences, while granting bail, the Court has to keep in mind, inter alia, the larger interest of the public and State. - the petitioner is hand in gloves with the other accused in creation and operation of the non-existent business entities for availing and passing of bogus ITC thereby defrauding the state exchequer - Bail application dismissed - HC Highlights GST Fri, 11 Jun 2021 13:03:26 +0530 https://www.taxtmi.com/highlights?id=58336