The Orissa high court has stayed notices issued by the directorate of revenue intelligence (DRI) against exporters for violating pre-import conditions imposed on availing advance authorisation licenses. These licenses entitle the holders to import goods at zero duty for the purpose of exports.
The court, in fact, stayed not only notices issued but also proceedings of notices, which means that future notices also cannot be issued till the next hearing, explained Abhishek Rastogi, a counsel for petitioners and partner at Khaitan & Co.
The issue revolves around utilisation of advance authorisation licenses under the GST regime.
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