Orissa High Court stays notices issued by DRI against exporters

Through these licences, holders could import goods at zero duty for the purpose of exports

The Orissa high court has stayed the notices issued by the directorate of revenue intelligence (DRI) against exporters for violating pre-import conditions imposed on availing the 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 proceedings of notices, which means that future notices could also  not 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.

These licenses entitle the holders