https://www.taxtmi.com/caselaws?id=291481 The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) at Hyderabad upheld a decision regarding the revocation of a Customs Broker's license, forfeiture of security, and penalty imposition under the Customs Act, 1962. The Tribunal acknowledged subletting of the license but found inconsistencies in the evidence. It imposed a penalty of Rs. 50,000, restored the license, and set aside the forfeiture of the security deposit. The Court affirmed the Tribunal's decision, stating the punishment was proportionate and correctly exercised jurisdiction. The appeal was dismissed, and no costs were awarded. en-us Thu, 13 Feb 2020 00:00:00 +0530 Wed, 11 Nov 2020 19:45:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291481 The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) at Hyderabad upheld a decision regarding the revocation of a Customs Broker's license, forfeiture of security, and penalty imposition under the Customs Act, 1962. The Tribunal acknowledged subletting of the license but found inconsistencies in the evidence. It imposed a penalty of Rs. 50,000, restored the license, and set aside the forfeiture of the security deposit. The Court affirmed the Tribunal's decision, stating the punishment was proportionate and correctly exercised jurisdiction. The appeal was dismissed, and no costs were awarded. Case-Laws Customs Thu, 13 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291481