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2022 (2) TMI 135 - HC - VAT and Sales TaxSeeking grant of anticipatory bail - fake firms were created for claiming bogus Input Tax Credit - utilization of 'C' forms cancelled by the Excise and Taxation Department - HELD THAT:- In the present case, the allegations are of creating bogus firms for using or facilitating bogus ITC, public money is involved and State exchequer is affected. The contention of learned counsel for the petitioner that he was an Advocate who had assisted in compliance of procedure for registration of the concern, in view of the pleadings in the reply prima facie falls on the face of it. It would not be appropriate to make any further comments on the issue at this stage. For managing the affairs as alleged in present case, it is a well prepared and planned net which is laid down. Each and every person has a specific role to be played and in such a case one loose end left ensures that the entire net disappears. If the petitioner is clothed with protection of pre-arrest bail, the deeper probe required to unearth the scam would be defeated. The custody of petitioner is necessary as he is the only person who can disclose the persons involved and unearth the modus operandi. No case is made out for grant of anticipatory bail - Petition dismissed.
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