2026 (9) TMI 1360

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.... Advocate. For the Non-applicant/State: Mr. Dharmesh Shrivastava, Dy. Adv. Gen. ORDER ON BOARD 1. This is the first bail application filed under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for short 'BNSS') for grant of regular bail to the applicant who has been arrested in connection with Crime No. 04/2026 registered at Police Station - Deputy Commissioner State Tax, GST....

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....ores, whereas the disputed ITC exceeds Rs. 8.22 crores, thereby causing substantial loss of revenue to the Government. It is further alleged that the applicant committed an economic offence and did not cooperate with the investigation, which is still pending. 3. Learned counsel for the applicant submits that the applicant is the proprietor of M/s Aadeshwar Trade Link and is in jail since 23.06.....

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....r hand, learned State counsel opposes the prayer for grant of bail and submits that the applicant, being the proprietor of M/s Aadeshwar Trade Link, created a network of bogus/non-existent firms and fraudulently claimed and availed ITC of approximately Rs. 8.22 crores without actual receipt of goods, causing substantial loss of revenue to the Government. He further submits that the investigation i....