Bail Condition to Deposit of 70 Lakhs for wrongful availment of ITC based on FIR is invalid, no legal liability proven on GST Liability: Supreme Court [Read Order]

By Manu Sharma - On January 23, 2023 12:00 pm - 2 mins read
Bail - Deposit - ITC - FIR - GST - Liability - Supreme - Court - TAXSCAN

A two-judge bench of the Supreme Court has recently struck down the condition to deposit 70 Lakh Rupees, in bail granted to an accused allegedly involved in a GST scam of around 7 Crore Rupees. The bench of Supreme Court Justices Krishna Murari and B V Nagarathna observed that, “it cannot be presumed that the…

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