Delhi High Court recently held that the Directorate of Revenue Intelligence (DRI) has no jurisdiction to issue directions to freeze bank accounts without orders passed under the provisions of the Customs Act, 1962.
In the SB International v Directorate of Revenue Intelligence case, the DRI carried out a search of SB International’s warehouse suspecting the assessee had illegally imported tyres. After examining the enterprise’s bank statements, the DRI sent an order dated 14 November 2017 calling upon Axis Bank to freeze its bank account. SB International challenged DRI’s action before Delhi High Court after being refused access to the account.
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The dispute digest is compiled by Bhasin & Co, Advocates, a corporate law firm based in New Delhi. The authors can be contacted at lbhasin@bhasinco.in or lbhasin@gmail.com. Readers should not act on the basis of this information without seeking professional legal advice.
