Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
CESTAT held that the revocation of the appellant's Customs Broker License and forfeiture of security deposit were unjustified. The Tribunal found that the alleged breaches of regulations 10(d) and 10(e) of Customs Broker Licensing Regulations, 2018 were not established by the facts presented. The failure to file declarations regarding drawback claims was deemed a technical irregularity, particularly as customs authorities had not noticed it themselves. The magnitude of potentially ineligible drawback claims across seven shipping bills did not warrant the severe penalties imposed. The Tribunal set aside the license revocation and security deposit forfeiture while maintaining the penalty under regulation 18, disposing of the appeal accordingly.
CESTAT held that the revocation of the appellant's Customs Broker License and forfeiture of security deposit were unjustified. The Tribunal found that the alleged breaches of regulations 10(d) and 10(e) of Customs Broker Licensing Regulations, 2018 were not established by the facts presented. The failure to file declarations regarding drawback claims was deemed a technical irregularity, particularly as customs authorities had not noticed it themselves. The magnitude of potentially ineligible drawback claims across seven shipping bills did not warrant the severe penalties imposed. The Tribunal set aside the license revocation and security deposit forfeiture while maintaining the penalty under regulation 18, disposing of the appeal accordingly.
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