- The Madras High Court granted bail to a Chartered Accountant in a GST violation case.
- The condition for bail was that the accused must deposit a certain amount with the GST Authorities.
- The accused had been in judicial custody for over seven months.
- The accused offered to deposit Rs. 50,00,000 with the Respondent.
- The court considered the accused’s bail application and granted bail.
- The accused must execute a bond with two sureties.
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "India"
- India’s GST Council Endorses Two-Tier Tax Structure for 2025
- GST Reduction on Fruit Drinks Excludes Colas; Prices Remain Unchanged for Carbonated Beverages
- Supreme Court Stays Retrospective GST Penalty, Examines Applicability to Non-Taxable Persons
- India Unveils Simplified GST Rate Structure
- GST 2.0: Key Changes, New Rates, and Business Impact Explained