Court Denies Bail for Involvement in Fake Invoice Scheme Evading GST; Highlights Serious Financial Impact on State.

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....Grant of regular bail - bogus firms - intent to evade GST - fake invoices issued for input tax credit (ITC) - bogus transaction of sale of yarn - The complicity of the kingpin is clearly evident - Keeping in view the enormity of the scam and the colossal loss caused to the State exchequer, which has lost GST, this Court does not find any ground for grant of bail. - HC....