https://www.taxtmi.com/caselaws?id=785314 Grant of regular bail in a case of alleged wrongful utilisation of input tax credit is discussed, emphasising the special statute as a complete code and the requirement of prior sanction under the relevant provision; consequence: sanction requirement governs prosecution. The distinction between cognizable non-bailable and non-cognizable bailable offences under the statute is noted, with custodial interrogation held unnecessary, resulting in bail viability. Alleged wrongful loss exceeding the monetary threshold informs sentencing exposure and the availability of compounding of offences is acknowledged, leading to the practical release of the accused on bail to prevent business prejudice. en-us Thu, 15 Jan 2026 00:00:00 +0530 Thu, 22 Jan 2026 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785314 Grant of regular bail in a case of alleged wrongful utilisation of input tax credit is discussed, emphasising the special statute as a complete code and the requirement of prior sanction under the relevant provision; consequence: sanction requirement governs prosecution. The distinction between cognizable non-bailable and non-cognizable bailable offences under the statute is noted, with custodial interrogation held unnecessary, resulting in bail viability. Alleged wrongful loss exceeding the monetary threshold informs sentencing exposure and the availability of compounding of offences is acknowledged, leading to the practical release of the accused on bail to prevent business prejudice. Case-Laws GST Thu, 15 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785314