2020 (9) TMI 881

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.... Petitioner : Mr. Sudhir Jain through VC For the Respondent : Mr. Siddharth Ranka through VC ORDER 1. Heard counsel for the petitioner and counsel for Union of India through video conferencing. 2. Petitioner has filed this fourth bail application under Section 439 of Cr.P.C. 3. File No.DGGI/JZU/INV/GRP-K/GST/ 48/Part IV/2018-19, Directorate General of GST Intelligence, Jaipur Zonal ....

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....d. 5. Counsel for Union of India has opposed the fourth bail application. It is contended that the allegation against the petitioner is of passing of input tax credit to the tune of Rs. 33 crores. However, counsel has admitted that amount of Rs. 13 crores was recovered from the beneficiaries. 6. I have considered the contentions. 7. Taking note of the fact that maximum sentence involved i....