https://www.taxtmi.com/caselaws?id=424632 The HC granted bail in a GST evasion case under Section 132(1) of CGST Act, 2017. Despite allegations of Rs. 8.64 crores tax evasion and claims that the accused was a habitual offender, the court considered the petitioner's deposit of Rs. 87 lacs, the compoundable nature of the offense (maximum 5-year punishment), and potential trial delays. The accused was released on a personal bond of Rs. 50,000 with two sureties of Rs. 25,000 each, subject to regular court appearances. en-us Fri, 01 Jul 2022 00:00:00 +0530 Fri, 04 Apr 2025 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424632 The HC granted bail in a GST evasion case under Section 132(1) of CGST Act, 2017. Despite allegations of Rs. 8.64 crores tax evasion and claims that the accused was a habitual offender, the court considered the petitioner's deposit of Rs. 87 lacs, the compoundable nature of the offense (maximum 5-year punishment), and potential trial delays. The accused was released on a personal bond of Rs. 50,000 with two sureties of Rs. 25,000 each, subject to regular court appearances. Case-Laws GST Fri, 01 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424632