Bail Granted to Man Accused of Fraudulently Availing Input Tax Credit Benefit of Over ₹10 Crores: Gujarat High Court
The Gujarat High Court has granted bail to Sunil Hiralal Mandowara, accused of fraudulently availing Input Tax Credit (ITC) worth over ₹10 crores by allegedly fabricating transactions with non-existent or deregistered firms. The case revolves around misuse of GST registrations and forged documentation to claim fake credits under the Central Goods and Services Tax (CGST) Act. Accused Allegedly Created Forged Firms and Claimed ITC According to the prosecution, Sunil Mandowara…
