https://www.taxtmi.com/caselaws?id=424741 Allegations of fraudulent input tax credit availment and wrongful refund under the CGST regime were treated as serious economic offences, and regular bail was refused. The Court noted that the relevant offences were cognizable and non-bailable where the specified tax credit or refund exceeded the prescribed threshold, and applied the settled approach that offences affecting the public exchequer require strict scrutiny. Considering the early stage of investigation, the prima facie nature of the material, and the risks of tampering with evidence or witnesses and absconding, the accused was found not entitled to release on bail. en-us Wed, 08 Jun 2022 00:00:00 +0530 Fri, 04 Apr 2025 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424741 Allegations of fraudulent input tax credit availment and wrongful refund under the CGST regime were treated as serious economic offences, and regular bail was refused. The Court noted that the relevant offences were cognizable and non-bailable where the specified tax credit or refund exceeded the prescribed threshold, and applied the settled approach that offences affecting the public exchequer require strict scrutiny. Considering the early stage of investigation, the prima facie nature of the material, and the risks of tampering with evidence or witnesses and absconding, the accused was found not entitled to release on bail. Case-Laws GST Wed, 08 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424741