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2023 (4) TMI 496 - RAJASTHAN HIGH COURTSeeking grant of bail - Input tax credit - whether economic offender should be dealt as a general offender? - HELD THAT:- It is an admitted position that petitioner had evaded the tax and got the benefit of input tax credit of nearing Rs.88.33 Crores. Hon’ble Apex Court in various pronouncement observed that economic offender should not be dealt as a general offender and in circumstances while granting bail to Vinay Kant Ameta directed him to deposit Rs.200 Crores. Taking into account the facts and circumstances of the case and without expressing any opinion on the merits of the case, this court deems it just and proper to enlarge the petitioner on bail with a condition to deposit Rs.5 Crores by the petitioner before the respondent Department ‘under protest’ - the bail application under Section 439 Cr.P.C. is allowed and it is ordered that the accused-petitioner Shri Mohammed Ali Akram Khan Son Of Mohammed Iqbal Khan be enlarged on bail provided he furnishes a personal bond in the sum of Rs.50,000/- with two sureties of Rs.25,000/- each to the satisfaction of the learned trial court with the stipulation that he will appear before the trial court on all subsequent dates of hearing and as and when called upon to do so. Bail application allowed.
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