https://www.taxtmi.com/caselaws?id=444188 The Bombay HC granted absolute interim bail to applicants accused of wrongfully availing Input Tax Credit worth Rs. 7.74 crores through fake entities. The court noted that the registration of the main entity (M/s. Sunshine Traders) was cancelled retrospectively, making the major component of alleged wrongful availment debatable. Since applicants had cooperated with investigation through seven recorded statements, appeared before investigating officers, and had societal roots with remote flight risk, custodial interrogation was deemed unwarranted. The interim bail was made absolute and application disposed of. en-us Tue, 03 Oct 2023 00:00:00 +0530 Mon, 21 Apr 2025 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444188 The Bombay HC granted absolute interim bail to applicants accused of wrongfully availing Input Tax Credit worth Rs. 7.74 crores through fake entities. The court noted that the registration of the main entity (M/s. Sunshine Traders) was cancelled retrospectively, making the major component of alleged wrongful availment debatable. Since applicants had cooperated with investigation through seven recorded statements, appeared before investigating officers, and had societal roots with remote flight risk, custodial interrogation was deemed unwarranted. The interim bail was made absolute and application disposed of. Case-Laws GST Tue, 03 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444188