https://www.taxtmi.com/caselaws?id=112059 A licensed Customs House Agent's failure to maintain prescribed statutory registers was proved, and that lapse justified forfeiture of the security deposit under the licensing regulations. The allegation of aiding and abetting illegal imports was not established, but the record-keeping breach alone sustained the penalty. Separately, the suspension order was issued but was not found to have taken effect in practice, as a fresh security deposit was made the next day in compliance with the order. Since no operative suspension period existed, the entry of suspension in the licence record was directed to be expunged. en-us Thu, 26 Feb 2004 00:00:00 +0530 Thu, 26 Apr 2012 14:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112059 A licensed Customs House Agent's failure to maintain prescribed statutory registers was proved, and that lapse justified forfeiture of the security deposit under the licensing regulations. The allegation of aiding and abetting illegal imports was not established, but the record-keeping breach alone sustained the penalty. Separately, the suspension order was issued but was not found to have taken effect in practice, as a fresh security deposit was made the next day in compliance with the order. Since no operative suspension period existed, the entry of suspension in the licence record was directed to be expunged. Case-Laws Customs Thu, 26 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112059