DRI moves SC challenging CESTAT order quashing case against two Adani firms
The Directorate of Revenue Intelligence (DRI) has moved the Supreme Court challenging an order of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) quashing a case pertaining to over-invoicing allegations levelled by the Directorate of Revenue Intelligence (DRI) against two Adani group firms.
Between July and August, while granting relief to three Adani group subsidiaries, Adani Power Maharashtra Ltd (APML) and Adani Power Rajasthan Ltd (APRL) and Maharashtra Eastern Grid Power Transmission Company Limited (MEGPTCL), the Mumbai-bench of CESTAT upheld the adjudicating authority’s order in favour of Adani.
