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2020 (11) TMI 986

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..... Arjun Singh. For the Respondent(s) : Mr. Sandeep Pathak. ORDER The present bail application has been filed under Section 439 Cr.P.C. The petitioner has been arrested in connection with FIR (complaint number) No. IV(6)85/AE/JPR/2020 registered at Chief Metropolitan Magistrate (Economic Offences) Jaipur Metro-II for the offence under Section 132 of the Central Goods and Services Act, 2017 (for s .....

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..... accorded, the maximum punishment which can be awarded under the Act of 2017 is five years, the offences are compoundable, he has no criminal antecedents and prays for release of the petitioner on bail. Learned counsel appearing for the Goods and Services Tax Department opposing the bail application submitted that allegation against the petitioner is of tax evasion of Rs. 42.82 crores. He submitte .....

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..... n bail under Section 439 Cr.P.C. in connection with afore-mentioned FIR registered at concerned Police Station, provided he furnishes a personal bond in the sum of Rs. 1,00,000/- (Rupees One Lac only) together with two sureties in the sum of Rs. 50,000/- (Rupees Fifty Thousand only) each to the satisfaction of the trial Court with the stipulation that he shall comply with all the conditions laid d .....

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