Bail Condition to deposit INR 70 Lakhs for alleged wrongful availment of ITC is not sustainable


Last updated: 28 January 2023

Court :
Supreme Court of India

Brief :
The Hon'ble Supreme Court in the matter of Subhash Chouhan v. Union of India [Criminal Appeal No. 186 /2023 dated January 20, 2023] set aside the condition imposed by the Hon'ble Chhattisgarh High Court, of depositing an amount of INR 70,00,000/- for grant of bail to the assessee, in a matter of wrongful availment of Input Tax Credit ("ITC"). 

Citation :
Criminal Appeal No. 186 /2023 dated January 20, 2023

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Bimal Jain
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