https://www.taxtmi.com/caselaws?id=301036 Regular bail was refused in a GST prosecution alleging wrongful passing on of input tax credit through paper firms and invoices without actual supply of goods. The Court relied on material tracing the credit chain to the applicant's proprietary concerns, the alleged non-production of stock registers, purchase invoices and statutory records, and the fact that investigation was still continuing. On those facts, the Court treated the matter as a serious economic offence and declined to exercise discretionary bail powers at that stage. en-us Mon, 11 Oct 2021 00:00:00 +0530 Thu, 27 Mar 2025 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301036 Regular bail was refused in a GST prosecution alleging wrongful passing on of input tax credit through paper firms and invoices without actual supply of goods. The Court relied on material tracing the credit chain to the applicant's proprietary concerns, the alleged non-production of stock registers, purchase invoices and statutory records, and the fact that investigation was still continuing. On those facts, the Court treated the matter as a serious economic offence and declined to exercise discretionary bail powers at that stage. Case-Laws GST Mon, 11 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301036