Fake firms case: Bail granted for alleged ITC fraud without strong evidence. https://www.taxtmi.com/highlights?id=81788 Bail granted - creation of fake firms, availing and utilizing ITC - offences u/ss 132(1)(b), 132(1)(c), and 132(5) of CGST Act, 2017 - allegations based on witness statements, no documentary evidence adduced - petitioner languishing in jail since 25.06.2024 - trial unlikely to conclude soon - no apprehension of tampering evidence or flight risk - bail granted on furnishing bail bond of Rs.1,00,000/- with two sureties of like amount and conditions. en-us Sat, 28 Sep 2024 08:11:12 +0530 Sat, 28 Sep 2024 08:11:12 +0530 TaxTMI RSS Generator Fake firms case: Bail granted for alleged ITC fraud without strong evidence. https://www.taxtmi.com/highlights?id=81788 Bail granted - creation of fake firms, availing and utilizing ITC - offences u/ss 132(1)(b), 132(1)(c), and 132(5) of CGST Act, 2017 - allegations based on witness statements, no documentary evidence adduced - petitioner languishing in jail since 25.06.2024 - trial unlikely to conclude soon - no apprehension of tampering evidence or flight risk - bail granted on furnishing bail bond of Rs.1,00,000/- with two sureties of like amount and conditions. Highlights GST Sat, 28 Sep 2024 08:11:12 +0530 https://www.taxtmi.com/highlights?id=81788