https://www.taxtmi.com/caselaws?id=173954 The court ruled in favor of the petitioner, criticizing the freezing of the bank account by the Directorate of Revenue Intelligence during investigations. It emphasized the lack of legal provisions authorizing such actions under the Customs Act, particularly highlighting the absence of adjudication determining the presence of smuggled goods in the account. While acknowledging the authority's right to investigate fraud, the court directed the petitioner to be allowed to conduct daily business transactions through the bank account but imposed restrictions on withdrawals related to the investigated consignments. en-us Wed, 19 Sep 2012 00:00:00 +0530 Wed, 11 Apr 2018 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173954 The court ruled in favor of the petitioner, criticizing the freezing of the bank account by the Directorate of Revenue Intelligence during investigations. It emphasized the lack of legal provisions authorizing such actions under the Customs Act, particularly highlighting the absence of adjudication determining the presence of smuggled goods in the account. While acknowledging the authority's right to investigate fraud, the court directed the petitioner to be allowed to conduct daily business transactions through the bank account but imposed restrictions on withdrawals related to the investigated consignments. Case-Laws Customs Wed, 19 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173954