Patiala House Court denies Bail to Accused in ₹1,285 Crore GST Fraud Linked to Alleged iPhone Smuggling

The Patiala House Court has denied bail to an accused involved in a ₹1,285 crore GST fraud case linked to alleged iPhone smuggling. The accused, who was arrested by the Directorate General of GST Intelligence (DGGI), is alleged to have created fake firms to generate fraudulent Input Tax Credit (ITC) and evade GST. The court noted the seriousness of the allegations and the potential impact on the exchequer, justifying the denial of bail. The accused’s involvement in a large-scale tax evasion scheme and the risk of tampering with evidence or influencing witnesses were key factors in the court’s decision. This case highlights the ongoing efforts by authorities to crack down on GST fraud and ensure compliance with tax laws. The denial of bail underscores the judiciary’s stance on deterring economic offenses and protecting public revenue.