3 Shemaroo officials held for Rs 70 crore GST fraud, get bail
They were later released on bail. The ITC was received on the basis of invoices without actual receipt of any goods/services. Jhaverchand Soni, partner of Shemaroo Entertainment, had told officials that he was only paid for signing some documents.
Soni said that he and his wife signed and Atul Maru used to manage everything and was operating his bank accounts. Maru, Gada and Haria admitted that they availed ITC without supply of any goods or services. Trio were produced before the 19th metropolitan magistrate for remand.
The defence argued that the agency had illegally detained them for more than 24 hours without producing them in the court. Public prosecutor denied the allegation. The court denied their custody and allowed them to go.
