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Bail rejected as assessee booked for serious allegation of wrongful availment of ITC of more than Rs. 40.53 Crores

February 20, 2020[2020] 114 164 (Rajasthan)

GST : Where assessee for offences punishable under section 132(1)(b), (c) and (d) was in custody and serious allegation against him was that he had wrongfully availed input tax credit of Rs. 40.53 crores, application for grant of bail deserved to be dismissed

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