https://www.taxtmi.com/caselaws?id=349547 The High Court of Bombay clarified the interpretation of Regulation 5 clauses (d) and (e) regarding disqualifications for the grant of a custom broker license under the Customs Act, Central Excise Act, and Finance Act. The Court highlighted the distinction between convictions and penalties, emphasizing that disqualifications apply based on the nature of legal violations. The judgment upheld the rejection of the license application, stating that if a penalty has been imposed on the Applicant under any of the three enactments, the disqualification under clause (e) would be applicable. en-us Wed, 27 Sep 2017 00:00:00 +0530 Tue, 17 Oct 2017 08:51:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349547 The High Court of Bombay clarified the interpretation of Regulation 5 clauses (d) and (e) regarding disqualifications for the grant of a custom broker license under the Customs Act, Central Excise Act, and Finance Act. The Court highlighted the distinction between convictions and penalties, emphasizing that disqualifications apply based on the nature of legal violations. The judgment upheld the rejection of the license application, stating that if a penalty has been imposed on the Applicant under any of the three enactments, the disqualification under clause (e) would be applicable. Case-Laws Central Excise Wed, 27 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349547