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2021 (8) TMI 1123 - HC - GSTSeeking grant of Bail - availment of fake input tax credit - generation of invoices without actual supply of goods - offence u/s 132 of Central Goods and Service Act, 2017 - HELD THAT:- This complaint alleges commission of an economic offence of huge magnitude and therefore, a thorough and detail investigation is essential. Further, considering the enormous materials collected and placed before this Court, vide the record, in respect of manipulation of invoices, etc and thereby allegedly evading tax by the petitioner to the tune of ₹ 28,97,85,917/- by way of illegally availing ITC, the enlargement of the petitioner on bail, at this stage is likely to hamper the investigation and tamper evidence which may amount to compromising with the entire investigation of the case. This Court has also taken note of the fact that the investigation of the case, involves a huge number of documents to be examined at different levels and at different places necessitating reasonably sufficient time to the Investigating Agency. Petition disposed off.
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