https://www.taxtmi.com/caselaws?id=450760 In bail matters arising from alleged GST fraud, serious economic offences involving fake firms, fake invoices and inadmissible input tax credit may justify a stricter approach where investigation material and Section 70 CGST statements indicate a prima facie large-scale misuse of public revenue. The Court treated the alleged conduct as an economic offence of significant magnitude and held that the fact that the offence is triable by a Magistrate or punishable with imprisonment up to five years does not, by itself, warrant release on bail. Parity with a co-accused was also insufficient on the material before the Court, and bail was declined. en-us Wed, 06 Mar 2024 00:00:00 +0530 Mon, 28 Apr 2025 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450760 In bail matters arising from alleged GST fraud, serious economic offences involving fake firms, fake invoices and inadmissible input tax credit may justify a stricter approach where investigation material and Section 70 CGST statements indicate a prima facie large-scale misuse of public revenue. The Court treated the alleged conduct as an economic offence of significant magnitude and held that the fact that the offence is triable by a Magistrate or punishable with imprisonment up to five years does not, by itself, warrant release on bail. Parity with a co-accused was also insufficient on the material before the Court, and bail was declined. Case-Laws GST Wed, 06 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450760