https://www.taxtmi.com/caselaws?id=769552 The Allahabad HC granted regular bail to an applicant charged under Sections 132(1)(b), 132(1)(c), and 132(1)(i) of the CGST Act, 2017 for allegedly availing ineligible Input Tax Credit through invoices from non-existent firms and passing fake credits to buyers. The court noted the applicant was not involved in creating the 21 non-existent firms and had already spent over five months in judicial custody since arrest. Considering the offences carry maximum five-year imprisonment, are triable by Magistrate, trial would consume considerable time, and prosecution witnesses are official witnesses unlikely to be influenced, the HC deemed continued detention would serve no useful purpose and allowed the bail application. en-us Tue, 22 Apr 2025 00:00:00 +0530 Sat, 26 Apr 2025 08:30:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769552 The Allahabad HC granted regular bail to an applicant charged under Sections 132(1)(b), 132(1)(c), and 132(1)(i) of the CGST Act, 2017 for allegedly availing ineligible Input Tax Credit through invoices from non-existent firms and passing fake credits to buyers. The court noted the applicant was not involved in creating the 21 non-existent firms and had already spent over five months in judicial custody since arrest. Considering the offences carry maximum five-year imprisonment, are triable by Magistrate, trial would consume considerable time, and prosecution witnesses are official witnesses unlikely to be influenced, the HC deemed continued detention would serve no useful purpose and allowed the bail application. Case-Laws GST Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769552