https://www.taxtmi.com/article/detailed?id=11150 Alleged creation of fake firms to procure and pass ineligible Input Tax Credit via false invoices led to prosecution under Section 132(1) CGST Act. Defence contested tax calculation and risk of tampering given presentation of the challan. The court, noting likely prolonged trial and risk of custody exceeding maximum sentence, conditioned release on a substantial deposit with the revenue, execution of a personal bond with two sureties, and verification of the deposit by the trial court before attesting bail bonds. en-us Mon, 27 Feb 2023 08:17:55 +0530 Mon, 27 Feb 2023 08:17:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11150 Alleged creation of fake firms to procure and pass ineligible Input Tax Credit via false invoices led to prosecution under Section 132(1) CGST Act. Defence contested tax calculation and risk of tampering given presentation of the challan. The court, noting likely prolonged trial and risk of custody exceeding maximum sentence, conditioned release on a substantial deposit with the revenue, execution of a personal bond with two sureties, and verification of the deposit by the trial court before attesting bail bonds. Articles Goods and Services Tax - GST Mon, 27 Feb 2023 08:17:55 +0530 https://www.taxtmi.com/article/detailed?id=11150