Declared value cannot be enhanced on the basis of DRI alert

Garg Impex Vs Commissioner of Customs-ICD (CESTAT Chandigarh) In a significant ruling for importers, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Chandigarh Bench has declared that the value of imported goods cannot be enhanced solely on the basis of an alert issued by the Directorate of Revenue Intelligence (DRI). The tribunal also affirmed that importers are entitled to exemption from Countervailing Duty (CVD) on Polyester Knitted Fabric, drawing on previous judgments from the Supreme Court and other CESTAT benches. The consolidated judgment, delivered on May 19, 2025, ad...