Court Denies Bail in Rs 781.39 Crore GST Fraud Case Involving Fake Firms and Bogus Invoices: Jharkhand High Court

Ranchi: In a significant ruling on July 31, 2024, the Jharkhand High Court, under the judgment of Subhash Chand, J., denied bail to Gupta, who is accused of masterminding the creation of 133 fake firms, committing forgery and fraud to evade Central Goods and Services Tax (CGST). This case, identified as B.A. No.4764 of 2024, underscores the judiciary's firm stance against economic offences that severely impact the nation's economy. Case…