Supreme Court grants bail to accused in ₹1,032 crore tax fraud case

The Supreme Court of India granted bail to Ashutosh Garg, accused of a ₹1,032 crore tax fraud involving 294 fake firms and fake invoices under the GST Act. Despite the Rajasthan High Court's earlier denial, the Supreme Court considered the maximum punishment of five years and Garg's time in custody sufficient for bail. Senior Advocate Talwant Singh represented Garg, while Additional Solicitor General Vikramjit Banerjee represented the Union of India. The High Court had emphasized the severe impact of such economic offenses on the public exchequer.