https://www.taxtmi.com/caselaws?id=410726 The High Court granted bail to the petitioner, the managing director of a company, in a criminal petition under Sections 132(1)(i) and 132(1)(h)(c) of the Central Goods and Services Tax Act, 2017. The allegations involved issuing fake invoices and e-way bills without actual supply of goods, resulting in wrongful input tax credit of Rs. 10.89 Crores. Despite ongoing investigations and serious accusations, the court considered the lack of progress in the case, the petitioner's prolonged incarceration, and granted bail with conditions, emphasizing the presumption of innocence until proven guilty. en-us Thu, 17 Dec 2020 00:00:00 +0530 Sat, 07 Aug 2021 08:52:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410726 The High Court granted bail to the petitioner, the managing director of a company, in a criminal petition under Sections 132(1)(i) and 132(1)(h)(c) of the Central Goods and Services Tax Act, 2017. The allegations involved issuing fake invoices and e-way bills without actual supply of goods, resulting in wrongful input tax credit of Rs. 10.89 Crores. Despite ongoing investigations and serious accusations, the court considered the lack of progress in the case, the petitioner's prolonged incarceration, and granted bail with conditions, emphasizing the presumption of innocence until proven guilty. Case-Laws GST Thu, 17 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410726