Summary
- The Rajasthan High Court has cancelled the bail of Gautam Garg in a case involving ₹8.59 crore of fake Input Tax Credit under the CGST Act, 2017.
- The court found that the Sessions Court had ignored crucial evidence, including Gautam Garg’s own admissions and incriminating documents linking him to fraudulent activities.
- The High Court emphasized that economic offences require a distinct approach in bail matters, rejecting the lower court's reasoning as flawed.
- Gautam Garg must surrender to the trial court within 30 days, marking a significant step in addressing GST-related fraud.
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