Revocation of Customs Broker License - Overvaluation and ...

Customs Broker's License Revocation Overturned; Tribunal Cites Limited Role, Excessive Penalties for KYC Norm Breach.

April 3, 2024

Case Laws Customs AT

Revocation of Customs Broker License - Overvaluation and misdeclaration with intent to claim drawback under section 75 of Customs Act, 1962 - The tribunal acknowledged the breach of the obligation to advise compliance with customs regulations but found no evidence to support the other alleged breaches. They clarified that the appellant's role was limited and that they were not responsible for valuation or declaration of goods. - Considering precedent cases and mitigating circumstances, the tribunal overturned the revocation of the license and reduced the penalties imposed. While recognizing a breach in KYC norms, the tribunal deemed the imposition of all penalties for this single breach excessive.

View Source

← Previous Next →

Revocation of Customs Broker License - Overvaluation and ...

Customs Broker's License Revocation Overturned; Tribunal Cites Limited Role, Excessive Penalties for KYC Norm Breach.

April 3, 2024

Case Laws Customs AT

You may also like:

Revocation of the Customs Broker Licence - The appellant argued that the license had already been revoked once and reinstated by the Tribunal, making the subsequent...

CESTAT, an Appellate Tribunal, reviewed the revocation of a customs broker's license and related penalties u/s various regulations. The charges included failure to...

Customs broker - Revocation of License - forfeiture of security deposit - Penalty - The Tribunal found that the appellant had indeed acted casually and allowed his...

The HC set aside the order revoking the appellant's Customs Broker license and forfeiture of security deposit. It held there was no violation of Regulations 10(b),...

Revocation of customs broker license and forfeiture of security deposit due to diversion of goods, breach of Customs Act, 1962, and Customs Broker Licencing Regulations,...

Revocation of Customs Broker License - Proceedings for revocation of license contemplated under regulations 14 and 17 are independent of the proceedings for suspension...

Revocation of their Customs Broker Licence - allowing others to use its password / logins and allowing to misuse of IEC of another person, to smuggle huge value of...

Revocation of Customs Broker License - subletting of the license - It is alleged that the customs broker had granted access of the credentials, necessary for undertaking...

CESTAT overturned the Commissioner's decision to revoke a Customs Broker License and forfeit security deposit. The dispute centered on an allegedly forged rent agreement...

Seeking revocation of suspension of the Customs license - execution of fake export through Land Customs Station - the Tribunal found that the continuous suspension of...

Revocation of the customs broker licence - Misuse of G-Cards - sub-letting of the licence on commission basis for a monthly consideration - The case involved the...

Customs broker licence revocation - importer engaged appellant to file import bill of entry but appellant used another broker's credentials instead of its own - imported...

The Customs, Excise and Service Tax Appellate Tribunal set aside the impugned order, allowing the appeal. The Tribunal held that the findings regarding breach of...

CESTAT upheld a customs broker's appeal against license revocation, finding the licensing authority incorrectly applied regulations 10(d) and 10(e) of Customs Brokers...

The case involves a Customs Broker's license revocation for involvement in mis-declaration and fraudulent export of "Uric Acid." The Commissioner of Customs followed the...

Quick Updates: