https://www.taxtmi.com/caselaws?id=360365 The Tribunal allowed the appeal against the refusal to renew a Custom Broker Licence based on penalties for fraudulent exports under Section 114 of the Customs Act. Emphasizing that penalties alone do not constitute misconduct under Regulation 9(2) without a formal inquiry, the Tribunal directed the licensing authority to reconsider the renewal, highlighting the need for regulatory contraventions to be established through proper procedures. The judgment clarified that penalties should not be sole grounds for non-renewal without following the required investigative process as per the regulations. en-us Tue, 15 May 2018 00:00:00 +0530 Wed, 04 Mar 2020 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360365 The Tribunal allowed the appeal against the refusal to renew a Custom Broker Licence based on penalties for fraudulent exports under Section 114 of the Customs Act. Emphasizing that penalties alone do not constitute misconduct under Regulation 9(2) without a formal inquiry, the Tribunal directed the licensing authority to reconsider the renewal, highlighting the need for regulatory contraventions to be established through proper procedures. The judgment clarified that penalties should not be sole grounds for non-renewal without following the required investigative process as per the regulations. Case-Laws Customs Tue, 15 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360365