https://www.taxtmi.com/caselaws?id=779569 HC allowed bail to an accused arrested in December 2024 for allegedly obtaining input tax credit through fictitious transactions. Investigation is complete and complaint filed; offence carries up to five years' imprisonment. Court noted prosecution's case that the accused created firms and claimed credits without actual purchases, considered the nature and gravity of allegations, attendance prospects at trial, and earlier denial by Sessions Court, yet found bail appropriate. Bail bond to be executed before the Trial Court competent to try the case, which may grant time to produce a solvency certificate if requested. en-us Thu, 07 Aug 2025 00:00:00 +0530 Tue, 07 Oct 2025 16:24:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779569 HC allowed bail to an accused arrested in December 2024 for allegedly obtaining input tax credit through fictitious transactions. Investigation is complete and complaint filed; offence carries up to five years' imprisonment. Court noted prosecution's case that the accused created firms and claimed credits without actual purchases, considered the nature and gravity of allegations, attendance prospects at trial, and earlier denial by Sessions Court, yet found bail appropriate. Bail bond to be executed before the Trial Court competent to try the case, which may grant time to produce a solvency certificate if requested. Case-Laws GST Thu, 07 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779569