- 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"
- GST on Hotel Rooms ≤ Rs 7,500: 5% Rate, No ITC for Hotels or Business Travellers
- GSTN Releases Key FAQs on GSTR 9/9C Filing for Financial Year 2024-25
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System