Lawstreet Journal

Custodial interrogation not required, evidence is documentary in nature; Delhi HC states while granting bail in ₹70 crore GST evasion case [Read Order]

Lawstreet Journal 2 Oct 2021 12:57am

Image courtesy: Lawstreet Journal Judiciary Custodial interrogation not required, evidence is documentary in nature; Delhi HC states while granting bail in ₹70 crore GST evasion case [Read Order]

On Sept 30, the Delhi High Court granted bail to accused Krishan Kumar Bansal in a GST evasion dispute that allegedly amounts to ₹ 70 crores. The bail application for accused Krishan Kumar Bansal was argued by Advocate Saurav Aggarwal, briefed by Advocate Ashish Tiwari and Advocate Vibhu Anshuman. The bail application was filed in the investigation carried on by the respondent - The Directorate General of GST Intelligence (DGGI) in a complaint registered under Sections 132(1)(b) & (c) of the Central Goods and Services Tax Act, 2017. 

DGGI stated that a complaint has already been filed against the petitioners (Krishan Kumar Bansal and Yogesh Kumar Goyal) before the learned Trial Court with the allegations that M/s. Jetibai Grandsons Services India Pvt. Ltd. (in short JGSIPL) along with various other firms, including M/s. Urja Global Limited (in short Urja) (of which petitioner Yogesh Kumar Goyal is a Director and petitioner Krishan Kumar Bansal is a CFO) are alleged to be involved in fraudulently availing and passing on ineligible/ fake Input Tax Credit (ITC).

It is alleged that in a short span of 5 months, i.e., from November 2020 to March 2021 M/s. Urja has availed and fraudulently passed on ineligible ITC amounting to ₹17.2 crores to M/s. JGSIPL with no inward supplier in place. 

The petitioners raised various issues in relation to the present investigation/inquiry being carried out by the respondents as also the complaint filed. They contended that hurriedly on the 60th day at 7.00 PM after the… Continue Reading...


Tagged: GST   Delhi High Court  
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