https://www.taxtmi.com/caselaws?id=421147 Patiala House Court granted anticipatory bail to two applicants charged with claiming inadmissible input tax credit under Section 70 of CGST Act. Despite department's claim of Rs. 70 crores inadmissible credit, applicants had already paid Rs. 10 crores. Court relied on SC precedent in C. Pradeep case and Delhi HC judgment in Tarun Jain case. Bail granted on personal bonds of Rs. 1 lakh each with two local sureties of like amount, subject to standard conditions. en-us Tue, 05 Apr 2022 00:00:00 +0530 Wed, 02 Apr 2025 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421147 Patiala House Court granted anticipatory bail to two applicants charged with claiming inadmissible input tax credit under Section 70 of CGST Act. Despite department's claim of Rs. 70 crores inadmissible credit, applicants had already paid Rs. 10 crores. Court relied on SC precedent in C. Pradeep case and Delhi HC judgment in Tarun Jain case. Bail granted on personal bonds of Rs. 1 lakh each with two local sureties of like amount, subject to standard conditions. Case-Laws GST Tue, 05 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421147