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![If ITC wrongly availed exceeds Rs.5 crores it would be cognizable and non-bailable offence: Bombay HC dismisses bail application [Read Judgment] If ITC wrongly availed exceeds Rs.5 crores it would be cognizable and non-bailable offence: Bombay HC dismisses bail application [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/GST-Evasion-GST-Evader-ITC-wrongly-availed-exceeds-non-bailable-offence-Bombay-High-Court-bail-application-Taxscan.jpeg)
If ITC wrongly availed exceeds Rs.5 crores it would be cognizable and non-bailable offence: Bombay HC dismisses bail application [Read Judgment]
The Bombay High Court while dismissing the bail application of the Yogesh Jagdish Kanodia held that if the Input Tax Credit (ITC) has been wrongly...