https://www.taxtmi.com/caselaws?id=763857 The HC granted regular bail to an accused charged under Sections 132(1)(b) and 132(1)(c) of CGST Act, 2017 for allegedly creating fake firms and issuing fraudulent invoices. The court found the prosecution's case lacked substantive evidence directly linking the accused to the alleged tax evasion scheme. Key factors influencing the decision included the incomplete investigation that failed to probe third-party entities and actual beneficiaries, premature filing of the charge-sheet, and seizure of the accused's bank accounts before issuing summons while no recovery efforts were made from other involved parties. The court emphasized the importance of thorough, evidence-based investigations before detention in financial crimes cases. en-us Thu, 24 Oct 2024 00:00:00 +0530 Tue, 01 Jul 2025 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763857 The HC granted regular bail to an accused charged under Sections 132(1)(b) and 132(1)(c) of CGST Act, 2017 for allegedly creating fake firms and issuing fraudulent invoices. The court found the prosecution's case lacked substantive evidence directly linking the accused to the alleged tax evasion scheme. Key factors influencing the decision included the incomplete investigation that failed to probe third-party entities and actual beneficiaries, premature filing of the charge-sheet, and seizure of the accused's bank accounts before issuing summons while no recovery efforts were made from other involved parties. The court emphasized the importance of thorough, evidence-based investigations before detention in financial crimes cases. Case-Laws GST Thu, 24 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763857