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of <h1>Gurugram Court Denies Bail in Rs. 5.65 Crore Fake Invoice Case, Highlights Seriousness of Economic Offences.</h1> The District Court of Gurugram denied bail to an accused involved in the wrongful availment of Input Tax Credit (ITC) through fake invoices totaling Rs. 5.65 crore. The accused allegedly issued these invoices without actual goods supply, in collaboration with 56 firms, resulting in significant tax evasion. The court emphasized the seriousness of economic offences, which involve deep-rooted conspiracies and substantial public fund losses. Citing a precedent from the Supreme Court, the court underscored the need for a firm approach towards such offences, considering their impact on the national economy, and thus dismissed the bail application.
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