Allahabad HC grants bail in alleged Rs 11.75 crore fake ITC case
In short
The Allahabad High Court granted bail in an alleged fake ITC case worth Rs 11.75 crore. The accused said a lost Aadhaar and PAN were misused to get a bogus GST registration, and the court noted that defence and the time spent in custody.
This matters because the case involves alleged tax fraud and identity misuse. The source does not say whether the accused is guilty or whether the GST registration was finally cancelled.
What the reporting says
The Allahabad High Court granted bail in an alleged fake input tax credit case involving Rs 11.75 crore, according to the publisher summary. The report says the accused argued identity theft after a lost Aadhaar and PAN were allegedly misused for bogus GST registration, and the court considered that defence along with the period of incarceration. The reporting does not state whether the GST case has been proved or whether the alleged fraud was linked to other people.
Why it matters
The Allahabad High Court granted bail in an alleged Rs 11.75 crore fake input tax credit case after the accused claimed identity theft involving a lost Aadhaar and PAN used for bogus GST registration. The summary indicates the court weighed that defence and the length of incarceration. The reporting does not establish guilt, a final GST status, or the full scope of the alleged fraud.