Aiding Fake Firms to Claim ITC Using ID Proof: Punjab & Haryana HC grants Bail during Investigation [Read Order]

The Punjab and Haryana High Court granted bail during investigation in the matter of aiding fake firms to claim Input Tax Credit (ITC) Using ID Proof.

The allegations against the petitioner, Ravinder Kumar, is that he provided documents of identity proof on the basis of which account was opened in the name of fake firms and the amount of input tax credit was got credited in the said account on the basis of forged bills.

The role of the petitioner is that he provided documents like PAN Card, Aadhar card and photographs of his known persons thereby enabled the co-accused to open the account in the bank in the name of the firms which got input tax credit on the basis of forged documents.

The Court of Justice Gurbir Singh observed that the co-accused have already been enlarged on bail; the petitioner is already on bail in other three cases but pending of said cases is no ground to refuse concession of bail in this case and challan has already been presented; the petitioner is in custody since 09.11.2022 and the completion of trial will also take a long time, no useful purpose would be served by keeping the petitioner behind bars for a long period.

The Bench further noted that the present petition is allowed and the petitioner is ordered to be released on regular bail subject to his furnishing bail/surety bonds to the satisfaction of the trial court or Duty Magistrate concerned.”

“The Trial Court is at liberty to impose any other condition that it may deem appropriate. It is further clarified that in case of default of any of the conditions, then the concerned Court is competent to cancel the bail granted to the petitioner” the Court said.

To Read the full text of the Order CLICK HERE

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