https://www.taxtmi.com/caselaws?id=422922 The HC denied bail to the accused charged under the CGST Act for allegedly issuing fake invoices worth Rs. 5.65 crore and fraudulently availing Input Tax Credit. Despite defense claims of false implication and arguments that the offense should be bailable, the court emphasized the gravity of economic offenses and their threat to the country's financial health. The court followed SC precedent requiring a different approach when considering bail in economic crime cases, ultimately dismissing the application in the public interest while noting this decision would not affect the trial's merits. en-us Wed, 23 Feb 2022 00:00:00 +0530 Thu, 03 Apr 2025 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422922 The HC denied bail to the accused charged under the CGST Act for allegedly issuing fake invoices worth Rs. 5.65 crore and fraudulently availing Input Tax Credit. Despite defense claims of false implication and arguments that the offense should be bailable, the court emphasized the gravity of economic offenses and their threat to the country's financial health. The court followed SC precedent requiring a different approach when considering bail in economic crime cases, ultimately dismissing the application in the public interest while noting this decision would not affect the trial's merits. Case-Laws GST Wed, 23 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422922