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Patna HC Grants Bail in ₹73.75 Crore GST Evasion Case

TaxGuru
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Summary

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  • The Patna High Court has granted bail to Jaswant Singh @ Rolly Babu in a ₹73.75 crore GST evasion case, involving allegations under Section 132 of the Central Goods and Services Tax Act, 2017.
  • Singh was arrested for issuing fraudulent tax invoices and operating shell entities without actual goods movement, but he contended his arrest lacked sufficient grounds.
  • The court noted that the prosecution's case relied heavily on statements from co-accused without allowing cross-examination, raising concerns about the validity of the arrest.
  • This ruling could set a precedent regarding the standards required for arrests in economic offences under GST laws.

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