Section 132 of the CGST Act, 2017 —-Bail — The petitioner prayed for bail for the offences punishable under sections 132(1)(b), 132(1)(c) read with section 132(1)(i) and section 132(5) of the Act, 2017. The counsel for the applicant submitted that applicant-accused is innocent and has been falsely implicated. The applicant-accused has been arrested on 01/09/2021. The applicant is engaged in trading business and has nothing to do with the matter of fake invoices or wrongful availment of ITC. There is no reason mentioned in the arrest memo and there is no specific reason therefore whole exercise amounts to nullity. The respondent counsel submitted that there is no transaction of goods and there is no existence of company as well as no statutory records are available. The investigation is still going on. The court observed that it is alleged that there are certain firms which are operating only on paper and passing on inadmissible input tax credit (ITC) by issuing invoices only, without supplying the goods. The investigation is still going on.

Held that:- The Hon’ble High Court rejected the present bail application.