Court junks bail plea of Bharuch biz man for Rs 71 cr GST fraud

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A Bharuch-based businessman who was arrested for evading goods and service tax (GST) amounting to Rs 71 crore was once again denied bail by a court here.

The accused Dilip Jain had applied for bail on September 8 since the investigating officer had filed the chargesheet against him. Jain also told the court that he had not evaded any tax, yet he was arrested by GST department. In response to Jain’s bail application, the district government pleader, Anil Desai, argued that Jain is the key person who had evaded the tax so there is the likelihood that he may tamper with evidence and influence the witnesses. The court of additional sessions judge, P T Patel, upheld Desai’s arguments and turned down Jain’s bail application.

Jain was denied bail in July too in the same case. After his arrest in GST scam, Jain was arrested by the state CID (crime) too for misappropriation of funds to the tune of Rs 446 crore. He was booked for cheating, criminal conspiracy and under sections of the Gujarat Protection of Interest of Depositors (In Financial Establishments) Act and Prize Chits and Money Circulation Schemes (Banning) Act.

Read More at: https://timesofindia.indiatimes.com/city/vadodara/court-junks-bail-plea-of-bharuch-biz-man-for-rs-71cr-gst-fraud/articleshow/78371905.cms

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