Heard learned counsel for the parties. Learned A.P.P. opposes the prayer for bail.

The petitioner is an accused for allegedly committing an offence punishable under Sections 132(1( c) read with Section 132 (5) of the Central Goods & Services Act, 2017.

There is an allegation against the petitioner that he had illegally taken Input Tax Credit. Petitioner is in custody since 24.7.2018 i.e. more than 62 days.

Taking into consideration the period of custody, I am inclined to allow this application. Accordingly, the petitioner above named is directed to be released on bail on furnishing bail bond of ₹ 50,000/- (Rupees Fifty Thousand) with two sureties of the like amount each to the satisfaction of learned Special Judge, Economic Offence, Jamshedpur in connection with Complaint Case No. 2144 of 2018.

Petitioner is directed to co-operate with the Investigating Officer during investigation and till completion of the investigation, he must appear before the Investigating Authority once a fortnight.