Section 132 of the CGST Act, 2017 —–Bail —- The applicant presently in custody has filed bail application for the alleged offence punishable under Sections 132(1)(b) and 132(1)(c) of the Act. The issue is with respect to availment of fraudulent credit. The applicant counsel submitted that the respondent has recovered the necessary documentary evidence and further custody of the applicant is not necessary, as after investigation, complaint is filed before the court concerned. The applicant is ready and willing to deposit Rs. 2 crore within 2 months. The court observed that the investigation is virtually over and the department has also filed complaint against the applicant. The applicant is willing to deposit Rs.2 crore, which is approximately 10% of the alleged amount.

Held that:- The Hon’ble High Court granted bail to the Applicant subject to certain conditions.