<b>Powers of Directorate of Revenue Intelligence:</b> In his final few days in SC, Justice Chandrachud delivered a crucial verdict clarifying that DRI officers had the power to issue notice for recovery of Customs duty. In a review petition, the SC overturned its own 2021 judgment, upholding the Centre's notification granting DRI the powers. The effect is likely to the revival of recovery notices to the tune of Rs 20,000 to Rs 23,000 crore across 800 cases. Companies like Vedanta, Vodafone Idea, Adani Enterprises, TVS Motors, BSNL, Godrej and Boyce Manufacturing, Sony and Canon are likely to be on the receiving end.
Opinion
C
CNBC TV1809-12-2025, 09:13

DRI at 68: Reinventing for new economic challenges.

  • The Directorate of Revenue Intelligence (DRI) celebrated its 68th founding day, marking decades of protecting India's economic frontiers against smuggling and commercial fraud.
  • Despite its success in detecting various illicit activities, the DRI faces new challenges from globalization, sophisticated smuggling, and trade-based money laundering, including cryptocurrency.
  • The article suggests the DRI must reinvent itself by updating its charter to include financial aspects of customs offenses, over-valuation, data analytics, and risk management.
  • It emphasizes the importance of brief training programs for new officers to instill professionalism, integrity, and the organization's ethos.

Why It Matters: DRI must adapt its strategies to combat evolving economic crimes and uphold public trust.

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