A Delhi Court has granted bail to an accused allegedly involved in wrongfully passing input credit of GST amounting to ₹ 19 crores.
The accused was arrested on December 1, 2022, and remanded to Judicial Custody till December 14, 2022.
The Additional District Judge Sudhanshu Kaushik while granting bail last week said, no blanket ban can be put on bail merely because a person has been accused of an economic offence. In the present matter, the applicant is in custody since December 1, 2022. The report submitted by the prosecution demonstrates that the investigation of the accused already stands concluded.
The court in order further said, “Prosecution has already recorded the statement of the concerned persons including the transporters. The relevant documents have been collected. The fact that custodial interrogation of the accused is not warranted is evident from the fact that the prosecution never moved any application for the same.”
Court further said that prosecution has opposed the bail application on the ground that there is a likelihood that the accused would try to influence the transporters, whose statements have been recorded. The bail cannot be refused merely on the apprehension that the accused would try to influence the transporters, more so, when no grounds for further custodial detention are made out.
The court granted bail to Jagdish Bansal on ₹ 15 lakh personal bail bond and two like amount surety.
Source from: https://www.ndtv.com/india-news/man-accused-in-rs-19-crore-gst-fraud-case-gets-bail-3660727
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