The Delhi High Court recently discussed a 'flux' in the legal position with respect to power of officers of Directorate of Revenue Intelligence to issue show-cause notices and recover duties under the Customs Act, 1962. It was held therein that DRI officers do not have the jurisdiction to exercise functions under the Customs Act or to issue show-cause notices and …
New Delhi: The Supreme Court on Thursday revived Directorate of Revenue Intelligence's tax notices seeking as much as ₹20,000-23,000 crore, pending against leading companies including Vedanta Ltd, Vodafone Idea Ltd, Adani Enterprises and the Indian units of Sony, Samsung and Canon since 2006. Chandrachud, justice J.B. Pardiwala and justice Manoj Mishra on Thursday said the Customs Act empowers DRI officers …
The Supreme Court on Thursday reversed its 2021 ruling and declared that officers of the Directorate of Revenue Intelligence are indeed “proper officers” under the Customs Act, thereby restoring their authority to issue recovery notices. The decision effectively overturned the previous stance taken by the top court in the Canon India Pvt Ltd case, which had significantly limited the DRI’s …
Officials of the Directorate of Revenue Intelligence on Tuesday unearthed an international gold smuggling racket and seized over 9 kilograms of gold worth ₹6.2 crore in two different incidents within three hours. Based on specific intelligence that a syndicate would conceal gold inside the aircraft during its international leg for further retrieval, the officers of DRI Bengaluru rummaged through the …
NEW DELHI: Prime Minister Narendra Modi has stressed on revenue intelligence officers adapting latest global best practices in technology to track down economic offenders to protect the country's economy. In his message on the occasion of 65th foundation day of the Directorate of Revenue Intelligence, Modi said India has been a 'leading voice' for a coordinated international efforts in intelligence, …
The Rajasthan High Court has held that officers of Directorate of Revenue Intelligence are not a competent authority to issue show cause notice and adjudicate the same as "proper officer" under Section 28 and 124 the Customs Act, 1962. A division bench of Chief Justice Akil Kureshi and Justice Sameer Jain, rued, "DRI officer is not Competent Authority to issue …
