2025 (1) TMI 1573 - SCH - GST

Availing and passing on fraudulent input tax credit (ITC) - it was held by High Court that the applicant/accused s conduct constituted an offence punishable under Section 132(1)(B)(C)(i) and Section 132(5) of the CGST Act involving a large-scale economic crime the bail application under Section 439 CrPC is dismissed - HELD THAT - It is not inclined to accept the prayer(s) made in the present special leave petition; hence the same is dismissed.

Summary

The Supreme Court, comprising the Chief Justice and Justices Sanjay Kumar and K.V. Viswanathan, dismissed the special leave petition filed by the petitioner, Ashish Goyal, stating: "At this stage, we are not inclined to accept the prayer(s) made in the present special leave petition." The Court granted the petitioner liberty to "revive his request for grant of bail before the trial Court after a period of three months." All pending applications were disposed of.