TMI Blog2020 (11) TMI 320X X X X Extracts X X X X X X X X Extracts X X X X ..... he allegation against the petitioner herein is illegal/ wrongful claim of 14 crores of Input Tax Credits without supply of goods - The petitioner is in jail from 23-09-2020. Admittedly, there is no explanation in the counter filed by the respondents with regard to stage and completion of investigation from 23-09-2020 - this Court is inclined to grant regular bail to the petitioner herein. Petit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l. Perused the record. 3. The allegation against the petitioner herein is that he has wrongly/ illegally availed 14 crores of Input Tax Credit without supply of goods and on the basis of fake invoices. Learned Senior Counsel would submit that the petitioner herein has already paid 117 crores of GST. The petitioner herein has also filed W.P. No. 16871 of 2020 seeking to set aside the action o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , learned Standing Counsel would submit that the petitioner has not furnished his correct residential address in any of the returns. There is every possibility of interference of the petitioner in the investigation. The subordinates of the petitioners are threatening the witnesses, therefore, he sought to dismiss the present application. 5. On perusal of the entire record would reveal that the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion of the Special Judge for Economic Offences, Hyderabad; ii) He shall report before the Investigation Officer every day between 10.00 a.m. and 05.00 p.m. till completion of investigation and filing final report; iii) The petitioner shall deposit his Passport with the concerned Court; iv) The petitioner shall not leave the country without permission of the Court below; and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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