Sir
Dy commissioner of cutoms preventive,mumbai has directed bank to freeze bank account.As they are investigating the drawback and igst refund taken by exporter.
But no show cause issued. Further exporter has reversed itc for july to sept.17.pls guide.
Customs Authorities Cannot Freeze Bank Accounts Without Legal Provision, Delhi High Court Rules Against Unlawful Action A discussion on a forum addresses the freezing of a bank account by customs authorities due to an investigation into allegedly fraudulent drawback and IGST refunds claimed by an exporter. The forum includes multiple replies, with some contributors asserting that the action is justified if fraud is suspected. However, others cite a Delhi High Court ruling stating there is no provision in the Customs Act allowing such action. The court ruled that freezing a bank account is not permissible under the Act, and the action was set aside. The discussion emphasizes the government's power to combat fraud but also highlights legal limitations. (AI Summary)
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