https://www.taxtmi.com/caselaws?id=380381 The High Court clarified that Revenue authorities, including the Directorate of Revenue Intelligence (DRI), lack the authority under the Customs Act, 1962 to freeze bank accounts. Following legal proceedings, the DRI agreed to allow the petitioner, an exporter of rice, to operate its bank accounts without conditions. The court set aside earlier orders requiring security, directing all accounts to be operated without pre-conditions, effectively disposing of the appeal and writ petition. en-us Wed, 15 May 2019 00:00:00 +0530 Wed, 20 Nov 2019 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380381 The High Court clarified that Revenue authorities, including the Directorate of Revenue Intelligence (DRI), lack the authority under the Customs Act, 1962 to freeze bank accounts. Following legal proceedings, the DRI agreed to allow the petitioner, an exporter of rice, to operate its bank accounts without conditions. The court set aside earlier orders requiring security, directing all accounts to be operated without pre-conditions, effectively disposing of the appeal and writ petition. Case-Laws Customs Wed, 15 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380381