Granted bail to the accused alleged of fraudulently availing, utilizing and passing on ineligible ITC of INR 314.25 Cr

Last updated: 03 March 2021
Quick Summary
The Bombay High Court has granted bail to an individual accused of fraudulently availing, utilising, and passing on over INR 314 crores in ineligible Input Tax Credit (ITC). The court found that the arrest was made without a formal accusation like a First Information Report or complaint, and that continuing detention at the pre-trial stage was unjustified. The ruling emphasised the principle of 'bail, not jail' for non-heinous offences at this early stage of proceedings.

Court :
Bombay High Court

Brief :

Citation :
Writ Petition No. 471 of 2021, decided on February 15, 2021

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1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

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Bimal Jain
Published in GST
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