 "India's exports had a disappointing start in the first month of the new financial year as growth crashed to a four-month low of only 0.64 per cent in April")
Several exporters have approached the Delhi High Court (HC) with a plea to quash a 2017 notification of the Directorate of Revenue Intelligence (DRI), through which the agency had taken out some of the services that were counted towards fulfilling of export obligations.
The HC has agreed to hear them and has issued notices to the government, the DRI, the GST (goods and services tax) Council, and the Central Board of Indirect Taxes and Customs (CBIC). The case will be next heard on November 4.
The court has given the liberty to the petitioners to move an application for early hearing if
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