Revenue Must Act Beyond Freezing Accounts in Alleged Fraud Case Over Excessive Duty Drawback Claims on Imitation Jewelry Exports.

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....Excessive claim of duty drawback on export of imitation jewellery - This is not a case of an admitted fraud or a liability which is undisputed. Once there are allegations of fraud the Revenue has a larger responsibility and duty to the public. It cannot refuse to take all steps and rest only on freezing of bank accounts of the alleged defaulters - HC....