HC: Denies bail to Chartered Accountant accused of facilitating fake GST invoices

Calcutta HC rejects bail petition of a Chartered Accountant arrested in June 2019 for allegedly being involved in the business of issuing fake invoices in lieu of 1% commission, thereby causing a Rs. 141 cr  GST revenue loss to Govt. ; Revenue has further alleged that there was no movement of goods against the invoices issued as also that the petitioner filed the GST Returns of the Firms; HC rejects petitioner's counsel's arguments for 'default bail', observes that in th...