https://www.taxtmi.com/highlights?id=78160 The High Court considered a case involving fraudulent availing and passing on of Input Tax Credit u/s 132(1)(b) & (c) and u/s 132(1)(i) of Central Goods & Service Tax Act, 2017, through creation of fake firms. After reviewing submissions and material on record, the Court granted bail to the applicants based on the nature of the offence, lack of evidence of fake firm creation devices, and the period spent in jail. The bail application was allowed with imposed conditions. en-us Wed, 05 Jun 2024 08:16:49 +0530 Wed, 05 Jun 2024 08:16:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=78160 The High Court considered a case involving fraudulent availing and passing on of Input Tax Credit u/s 132(1)(b) & (c) and u/s 132(1)(i) of Central Goods & Service Tax Act, 2017, through creation of fake firms. After reviewing submissions and material on record, the Court granted bail to the applicants based on the nature of the offence, lack of evidence of fake firm creation devices, and the period spent in jail. The bail application was allowed with imposed conditions. Highlights GST Wed, 05 Jun 2024 08:16:49 +0530 https://www.taxtmi.com/highlights?id=78160