2019 (9) TMI 1268

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....hetan Mittal, Senior Advocate, with Mr. Sunish Bindlish, Advocate And Mr. Mohinder S. Nain, Advocate ORDER SHEKHER DHAWAN, J. Present petition under Section 439 of the Code of Criminal Procedure is for grant of regular bail in arrest and production application (Annexure P/1) filed by respondent under the provisions of Section 68 of Central Goods and Services Tax Act, 2017 (for short, "the Act....

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....ccounts of Pingashk in Axis Bank, Mandi Gobindgarh was Rs. 13,610/- and Rs. 13,994/- (credit and debit respectively). The petitioner was summoned under Section 70 of the Act on 3.7.2018 and he got recorded his statement on 3rd and 4th July, 2018 wherein he had confessed that he fraudulently availed and utilized Rs. 19.50 Crores against fake invoices of Rs. 128 Crores approximiately. He remained pr....

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....und for release of the petitioner on bail. 5. Having considered the submissions made by learned senior counsel for the parties and appraisal of record of this case file, this Court is of the considered view that though the petitioner is in custody since 4.7.2018, but taking into account the fact that the petitioner is involved in a case involving fraud of Rs. 19.50 Crores and the alleged offence....