2021 (2) TMI 1045

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....s) : Mr. Pankaj Ghiya Mr. Shahid Hasan Mr. Pawan Sharma Mr. Deepak Garg For Union of India : Mr. Anand Sharma Judgment / Order 1. Petitioner has filed this bail application under Section 439 Cr.P.C. 2. F.I.R. No.IV (06) 248/ AE/ALWAR/2020 was registered at Chief Metropolitan Magistrate (Economic Offences) Jaipur (Raj.) for offence under Sections 132(1)(c) of the Central Goods and Servi....

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.... mentioned in the e-way bills. It is further contended that, if the actual goods movement is calculated then there would be reduction of input tax credit by about three crores. It is also contended that where the offence is of wrongful claim of input tax credit below Rs. 5 crore the same is bailable and the maximum sentence provided under the Act is five years. Petitioner is in custody since Novem....