Petition for anticipatory bail and bank account release denied over alleged ineligible Input Tax Credit claims under CGST Act. https://www.taxtmi.com/highlights?id=76748 Seeking grant for Anticipatory Bail - Allegations of availing ineligible Input Tax Credit (ITC) by their firm. - Prayer to release the attached bank account - non-existent at the given registered addresses - After thorough consideration, the High Court dismissed the plea, citing prima facie violations of the CGST Act, 2017, and the petitioner's failure to demonstrate eligibility for relief. The Court emphasized the seriousness of the allegations and the petitioner's lack of credibility, leading to the dismissal of the writ petition and the vacation of any interim protection. en-us Fri, 19 Apr 2024 17:59:53 +0530 Fri, 19 Apr 2024 17:59:53 +0530 TaxTMI RSS Generator Petition for anticipatory bail and bank account release denied over alleged ineligible Input Tax Credit claims under CGST Act. https://www.taxtmi.com/highlights?id=76748 Seeking grant for Anticipatory Bail - Allegations of availing ineligible Input Tax Credit (ITC) by their firm. - Prayer to release the attached bank account - non-existent at the given registered addresses - After thorough consideration, the High Court dismissed the plea, citing prima facie violations of the CGST Act, 2017, and the petitioner's failure to demonstrate eligibility for relief. The Court emphasized the seriousness of the allegations and the petitioner's lack of credibility, leading to the dismissal of the writ petition and the vacation of any interim protection. Highlights GST Fri, 19 Apr 2024 17:59:53 +0530 https://www.taxtmi.com/highlights?id=76748