https://www.taxtmi.com/caselaws?id=766672 Allahabad HC granted regular bail to two accused directors charged under Section 132(1)(b)(c) of Central Goods and Services Tax Act, 2017 for fraudulent Input Tax Credit availment through fake invoices across five firms. The prosecution alleged the accused arranged fake ITCs for 1267 beneficiaries and received cash commissions. The court noted that investigation was complete with charge sheet filed, but trial had not commenced despite five months of custody. Given the magistrate-triable nature of offences with maximum five-year punishment and no likelihood of immediate trial conclusion, the court held continued detention served no useful purpose and granted bail. en-us Tue, 25 Feb 2025 00:00:00 +0530 Sat, 01 Mar 2025 08:25:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766672 Allahabad HC granted regular bail to two accused directors charged under Section 132(1)(b)(c) of Central Goods and Services Tax Act, 2017 for fraudulent Input Tax Credit availment through fake invoices across five firms. The prosecution alleged the accused arranged fake ITCs for 1267 beneficiaries and received cash commissions. The court noted that investigation was complete with charge sheet filed, but trial had not commenced despite five months of custody. Given the magistrate-triable nature of offences with maximum five-year punishment and no likelihood of immediate trial conclusion, the court held continued detention served no useful purpose and granted bail. Case-Laws GST Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766672