Patiala House Court denies bail to man charged with obtaining fraudulent ITC

Last updated: 06 September 2021

Save Share

Quick Summary

The Patiala House Court has denied bail to Yogesh Kumar Goyal, who is accused of claiming Input Tax Credit (ITC) by using fake bills from non-existent companies. The court found that the applicant's contentions were questionable, as the firms appeared to be paper entities and the transactions manipulated. The court emphasised that economic offences, which involve deep-rooted conspiracies and significant public fund losses, are serious and require a distinct approach when considering bail.

Court :
Patiala High Court

Brief :
In State vs. Yogesh Kumar Goyal [Bail Application No. 1676/21 dated August 31, 2021], Yogesh Kumar Goyal ("the Applicant") has filed the current bail application - against FIR No. DZU/INV/GST/A894/2021, made against him under Section 132 (1) (b) & (c) of The Central Goods and Services Tax Act, 2017 ("CGST Act").

Citation :
Bail Application No. 1676/21 dated August 31, 2021

Daily Limit Reached

You have reached your daily limit of 2 Free Judgements

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Community
Daily E-Newsletter
Unlimited Judgements Access
Profile Visitors
Link Social Profiles
Featured Job Posts
Pro Badge
Expert GST Guidance
Unlimited Forum Replies
Download Content in PDF

1 Year PLAN

1999

(Excl. of GST ₹359)

2 Years PLAN

3499

(Excl. of GST ₹629)

BEST VALUE

3 Years PLAN

4999

(Excl. of GST ₹899)

View all CCI PRO benefits

Already a PRO member? Login here for an ad-free experience. 07941056694

136 Views Comment Share Income Tax Report

Judgement posted by

Bimal Jain

Service

FCA, FCS LLB with21 Yrs of Experience inTaxation Indirect and Direct: Education Qualification: B.Com (Hons) Chartered Accountants Company Secretary LLB Qualified SAP FI/CO Consultants Professional Membership: Chairmanof Indirect Tax Committee of PHD Chamber of Commerce Member of Indirec ... Read more

View Judgements

Comments