Court Considers Bail for GST Fraud; Petitioner May Get Bail by Paying 20% of Evaded CGST Amount.

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....Bail application - issuance of GST Invoices without any supply of the goods or services to anybody on commission basis causing loss of more than 98 crores approximately - The petitioner may be released on bail by the learned Trial Court if he finds that he has approached the authority for compounding of the offence on deposit of at least 20% of the evaded amount on account of CGST. - HC....