JUDGMENT

S. K. Panigrahi, J. - The petitioner, presently in custody, has filed the instant bail application under Section 439 of the Code of Criminal Procedure, 1973 corresponding to 2(c) CC Case No.03 of 2020 pending in the Court of the learned Judicial Magistrate First Class (Rural), Cuttack. The petitioner herein is the accused in connection with alleged commission of offences punishable under Section 69 read with Sections 132(1)(b), 132 (1)(c) and 132(1)(i) of the Odisha Goods and Services Tax Act, 2017. Prior to the instant application, the petitioner had previously approached the court below vide Bail Application No.1093 of 2020 arising out of 2(c)CC Case No.03 of 2020 which was rejected on 25.01.2021.

2. Bereft of meticulous details, the facts of the matter canvassed are that a large number of fraudulent business transactions were made using several fictitious firms, including, M/s. Nayak Enterprises, M/s. Sahoo Enterprises, M/s. Mohanty Sales Agencies, M/s. Maa Bhawani Enterprises, M/s. Binash Enterprises, M/s. Sangeet Hotels and others. These several functionally vacuous entities were found to have been fraudulently registered under the OGST Act, 2017 by the present petitio