HC : Grants interim bail to MNC executives for GST default, imposes stringent conditions

Aug 14,2019

Madras HC grants interim bail to 2 high ranking officials (apparently foreign nationals) of an Indian subsidiary of a Korean Co., arrested for alleged offences committed u/s 132 of CGST Act, 2017, i.e. non-payment of GST collected from buyers, to the Govt.; Observes Revenue’s plea that the individuals arrested, namely the General Manager (Finance) and the second person who is responsible for the conduct of company's business, are facing charges for non-payment of GST collec...

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