https://www.taxtmi.com/caselaws?id=299833 Bail granted in a serious GST fake-invoice and input tax credit fraud matter may be cancelled where the original order rests on a premature and unsustainable basis. The earlier bail relied materially on the applicant's willingness to compound and deposit part of the amount, but compounding under the statutory scheme depends on payment of tax, interest and penalty as determined by the competent authority. With investigation still in progress and the alleged evasion substantial, the factual foundation for bail was treated as vulnerable. The cancellation of bail and remand of the application for fresh consideration were upheld. en-us Tue, 22 Dec 2020 00:00:00 +0530 Fri, 21 Mar 2025 14:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299833 Bail granted in a serious GST fake-invoice and input tax credit fraud matter may be cancelled where the original order rests on a premature and unsustainable basis. The earlier bail relied materially on the applicant's willingness to compound and deposit part of the amount, but compounding under the statutory scheme depends on payment of tax, interest and penalty as determined by the competent authority. With investigation still in progress and the alleged evasion substantial, the factual foundation for bail was treated as vulnerable. The cancellation of bail and remand of the application for fresh consideration were upheld. Case-Laws GST Tue, 22 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299833