Bail Rejected for Chartered Accountant in GST Evasion Case
The article reports that the bail application of a Chartered Accountant (CA) accused in a Goods and Services Tax (GST) evasion case has been rejected by the relevant court.
Key Grounds for Rejection
- Severity of the Offense: The court denied bail primarily due to the serious nature of the charges, typically involving large-scale fake invoicing or fraudulent Input Tax Credit (ITC) claims, which are considered economic offenses impacting the national exchequer.
- CA’s Professional Role: The professional status of the accused was likely a factor. Courts often view the involvement of a Chartered Accountant or other professional in facilitating tax fraud with greater gravity, as their role adds legitimacy and complexity to the evasion scheme.
- Risk of Tampering: Bail applications in such cases are often rejected over concerns that the accused might tamper with evidence (which is frequently documentary) or influence key witnesses if released.
The rejection means the CA remains in judicial custody, highlighting the stringent approach courts take toward large-scale GST fraud cases.
Source :- Times Of India