GST Evasion by claiming Unauthorised ITC of Rs. 63.37 Crores through Fake Bills: Chhattisgarh HC Grants Bail

The Chhattisgarh High Court granted bail to individuals accused of GST evasion involving fraudulent Input Tax Credit (ITC) claims of Rs 63.37 crores through fake bills. The case centered on the unauthorized issuance and use of fake invoices to claim ITC, which resulted in significant tax evasion. While granting bail, the Court noted the seriousness of the offense but acknowledged that the accused had been in custody for an extended period. The Court's decision to grant bail was based on the balance between the severity of the charges and the procedural aspects of the case, particularly the length of detention. The ruling highlights the need for careful consideration of bail applications in cases of financial fraud under GST law.