https://www.taxtmi.com/caselaws?id=264931 A Customs House Agent was found not liable to penalty because it had obtained the exporter's authorisation, verified the IEC and bank account particulars, and taken reasonable steps to check the new client's credentials. The law did not require a personal meeting as a precondition for handling the shipment, and the record did not show knowledge of any fraudulent scheme or of shipping bills being filed to claim undue drawback through overvaluation. The Revenue's relied-upon authorities were held distinguishable on facts, and no violation of the Customs Act or other law was established. en-us Wed, 01 Apr 2015 00:00:00 +0530 Sat, 10 Oct 2015 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264931 A Customs House Agent was found not liable to penalty because it had obtained the exporter's authorisation, verified the IEC and bank account particulars, and taken reasonable steps to check the new client's credentials. The law did not require a personal meeting as a precondition for handling the shipment, and the record did not show knowledge of any fraudulent scheme or of shipping bills being filed to claim undue drawback through overvaluation. The Revenue's relied-upon authorities were held distinguishable on facts, and no violation of the Customs Act or other law was established. Case-Laws Customs Wed, 01 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264931