2024 (7) TMI 47

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....ficer (3) Unit-98, Jamnagar. 3. Learned Advocate appearing on behalf of the applicant submits that applicant is the proprietor of M/s. Volt Metal Industries which is engaged into the business of manufacturing and trading of brass products, metal scrap, etc. at Jamnagar. A vehicle bearing Registration No. KA-02-AH-7875 carrying the goods belonging to the applicant was intercepted by the State Tax Officer, Jamnanagr on 08.04.2022. The applicant had purchased the said goods from one M/s. Om Bana Enterprise which is registered at Coimbatore, Tamilnadu with GST Registration No. 33BNZPM4418H1ZL through valid tax invoices, delivery of the goods had been taken of and the transactions have been done through banking channels. The applicant had paid ....

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...., therefore, submitted to allow the present application and enlarge the present applicant on bail subject to suitable conditions. 4. Learned APP appearing on behalf of the respondent-State has opposed grant of regular bail, inter alia, contending that the present applicant was arrested on 12.02.2024 at 23:05 hours under Section 69 of the GST Act on the allegation of commission offence punishment under Section 132 (1) (c) of the GST Act vide Arrest Memo dated 12.02.2024. He further submitted that the present applicant has availed ineligible input tax credit of Rs. 6.67 Crores on the basis of purchases made from several registered entities, which according to the revenue are found to be non-existing. He further submitted that the quantum of ....

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....l bond of Rs. 10,000/- (Rupees Ten Thousand only) with one surety of the like amount to the satisfaction of the trial Court and subject to the conditions that he shall; (a) not take undue advantage of liberty or misuse liberty; (b) not act in a manner injurious to the interest of the prosecution & shall not obstruct or hamper the police investigation and shall not to play mischief with the evidence collected or yet to be collected by the police; (c) surrender passport, if any, to the Trial Court within a week; (d) not leave the State of Gujarat without prior permission of the Trial Court concerned; (e) mark presence before the State Tax Officer (3) Unit-98, Jamnagar once in a month for a period of six months between 11.00 a.m.....