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    <title>2024 (2) TMI 283 - MADHYA PRADESH HIGH COURT</title>
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    <description>Bail was granted in a GST prosecution alleging forged bills and wrongful availment of input tax credit, the Court treating the alleged offence as punishable up to three years and noting that the applicant was implicated through the memorandum of the main accused. The Court also relied on the applicant&#039;s readiness to deposit 5% of the amount linked to the transactions and imposed safeguards to protect revenue interests. Release was made conditional on deposit with the GST authorities, furnishing a personal bond and solvent sureties, and compliance with the conditions under Section 437(3) of the CrPC.</description>
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      <description>Bail was granted in a GST prosecution alleging forged bills and wrongful availment of input tax credit, the Court treating the alleged offence as punishable up to three years and noting that the applicant was implicated through the memorandum of the main accused. The Court also relied on the applicant&#039;s readiness to deposit 5% of the amount linked to the transactions and imposed safeguards to protect revenue interests. Release was made conditional on deposit with the GST authorities, furnishing a personal bond and solvent sureties, and compliance with the conditions under Section 437(3) of the CrPC.</description>
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