2019 (12) TMI 417

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.... Jaiman, Mr. Sandeep Kapoor, Ms. Apoorva Pandey, Mr. G.G. Kashyap, Mr. R.P. Khurana, Mr. Rahul Lakhwani, Mr. Atul Saxena For Respondent(s): Mr. Siddharth Ranka Order The present Misc bail application under section 439 Cr.P.C. is preferred by the Accused/petitioner in the matter of Complaint Case No. IV(6)78/AE/Alwar/2019/Part-II dated 22.10.2019 registered at Central Goods and Services Tax Comm....

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.... 132(4) read with Section 132(5) of the Act. In this connection, learned counsel for the petitioner drawn the attention of the Court to the arrest memo. It was submitted that in the arrest memo, the word 'fraudulently' has been mentioned which shows that the offence alleged to have been committed by the accused petitioner is bailable offence. It was further submitted that the period under investig....

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.... custody for the last more than two months. He implored the Court to draw the bail application. On the other hand, learned counsel for the respondent-Department has opposed the bail application and submitted that the petitioner-Company has availed GST Input Tax Credit of Rs. 40.53 crores on the basis of invoices issued by the bogus company without receipt of any goods and wrongly availed inadmiss....

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....gation made against the petitioner is of serious nature and affect overall economy of the country and in such matters court should not be lenient. I have considered the submissions raised at the Bar and perused the material placed before the Court. Looking to the over all facts and circumstances of the case, gravity of the offence specially the fact that there are serious allegations against the....