https://www.taxtmi.com/caselaws?id=419358 Regular bail was granted in a GST prosecution alleging issuance of fake invoices, operation of paper firms, and wrongful availment and passing on of input tax credit. The Court noted that the investigation had substantially progressed, the complaint had been filed, and statements had been recorded, while the offences were triable by the Magistrate and carried a maximum sentence of five years. It also considered the statutory recovery and compounding framework, along with the stage of the proceedings and the likely time for trial, before balancing these factors against the allegation that the applicant was the operator of the firms and the mastermind of the alleged fraud. en-us Mon, 07 Mar 2022 00:00:00 +0530 Tue, 01 Apr 2025 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419358 Regular bail was granted in a GST prosecution alleging issuance of fake invoices, operation of paper firms, and wrongful availment and passing on of input tax credit. The Court noted that the investigation had substantially progressed, the complaint had been filed, and statements had been recorded, while the offences were triable by the Magistrate and carried a maximum sentence of five years. It also considered the statutory recovery and compounding framework, along with the stage of the proceedings and the likely time for trial, before balancing these factors against the allegation that the applicant was the operator of the firms and the mastermind of the alleged fraud. Case-Laws GST Mon, 07 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419358