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2021 (5) TMI 171 - DSC - GSTGrant of Bail - issuance of fake invoices of other firms without accompanying the goods - economic offence or not - huge loss to the tune of ₹ 7-8 crores - non-bailable offence or not - HELD THAT:- In the present case also in the reply itself it has been mentioned that accused has admitted of causing loss to the tune of ₹ 7-8 crores to the exchequer. Accused is in custody since 25.03.2021. To decide whether or not admit accused on bail or not abovesaid parameters as held by Hon’ble Supreme Court of India have to be measured/have to be assessed. The fact that accused was straightaway sent to judicial custody is prima facie indicative of the fact that accused is not required for custodial interrogation. Further, no previous involvement of accused in any similar offence has been brought on record which implies that it is his first offence and he is not a habitual offender. It is also to be seen that accused is not at a flight risk and no submissions have been made to this effect. Keeping in view the totality of circumstances, the period of incarceration and the fact that accused is not required for any further custodial interrogation, which is otherwise also not possible as 15 days since arrest of accused have already passed, as well as no report of any previous involvement, accused is admitted in bail on his furnishing personal bond in the sum of ₹ 1,00,000/-, with one surety of equal amount, subject to the terms imposed. Application allowed.
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