TMI Blog2022 (12) TMI 196X X X X Extracts X X X X X X X X Extracts X X X X ..... 9219675/- to the Government exchequer. As has been contended by the counsel for the petitioner such type of evasion to the extent of Rs.5 crore under GST Act, amounts to a bailable offence. Further in the present case, the petitioner has cooperated with the police and has handed over his laptop, voice sample and sample of his signatures to the police and is not required by the police for any furth ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The counsel for the petitioner has submitted that as per allegations the petitioner and other co-accused caused loss of Rs.19219675/- to Government Exchequer by claiming false input tax credit. That such type of evasion of GST upto amount of Rs.5 crores is considered as a bailable offence as per the provisions of Section 132 of GST Act. The counsel for the petitioner further submitted that the pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ut paying any GST. In this manner, the accused persons caused loss worth Rs.19219675/- to the Government exchequer. As has been contended by the counsel for the petitioner such type of evasion to the extent of Rs.5 crore under GST Act, amounts to a bailable offence. Further in the present case, the petitioner has cooperated with the police and has handed over his laptop, voice sample and sample of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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