GST evasion arrest hit SMEs hard; here’s what courts must consider before putting promoters in jail

Arrests under the GST laws have been incessant with Revenue Authorities belligerently investigating ostensible issuance of alleged fake invoices and availing credit in case of circular trading. The SME sector is also under scrutiny. Many small business concerns are being investigated in alleged GST evasion cases. Offences are non-bailable when the amount involved crosses Rs 5 crores and SMEs can e…