https://www.taxtmi.com/caselaws?id=423030 The HC denied bail to a chartered accountant accused of sharing his UDIN login credentials with co-accused to generate fraudulent certificates, resulting in Rs. 7,60,89,626 loss to the Government Exchequer. The accused faced charges under Section 132(1)(i) read with 132(1)(b)(c)(e)(f) of CGST Act 2017 for aiding in filing fraudulent refund claims. The court emphasized the gravity of economic offenses and their impact on the country's financial health, citing precedents like the Nimmagadda Prasad case to justify stricter approach to bail in such matters. en-us Sat, 21 May 2022 00:00:00 +0530 Thu, 03 Apr 2025 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423030 The HC denied bail to a chartered accountant accused of sharing his UDIN login credentials with co-accused to generate fraudulent certificates, resulting in Rs. 7,60,89,626 loss to the Government Exchequer. The accused faced charges under Section 132(1)(i) read with 132(1)(b)(c)(e)(f) of CGST Act 2017 for aiding in filing fraudulent refund claims. The court emphasized the gravity of economic offenses and their impact on the country's financial health, citing precedents like the Nimmagadda Prasad case to justify stricter approach to bail in such matters. Case-Laws GST Sat, 21 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423030