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    <title>Revocation of licence or imposition of penalty</title>
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    <description>The Principal Commissioner or Commissioner may revoke a customs broker&#039;s licence, forfeit part or all of the security, or impose a monetary penalty where the broker fails to comply with bond conditions, contravenes the regulations, commits misconduct making them unfit to transact customs business, is adjudicated insolvent, is of unsound mind, or is convicted of an offence involving moral turpitude; such regulatory action is without prejudice to actions under the Customs Act or other laws.</description>
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      <description>The Principal Commissioner or Commissioner may revoke a customs broker&#039;s licence, forfeit part or all of the security, or impose a monetary penalty where the broker fails to comply with bond conditions, contravenes the regulations, commits misconduct making them unfit to transact customs business, is adjudicated insolvent, is of unsound mind, or is convicted of an offence involving moral turpitude; such regulatory action is without prejudice to actions under the Customs Act or other laws.</description>
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      <pubDate>Sun, 21 Jul 2013 15:41:22 +0530</pubDate>
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