https://www.taxtmi.com/caselaws?id=410663 A customs broker is not liable for penalty merely because an importer's IEC may have been used by another person, where the broker obtained authorisation and KYC documents, verified client particulars and checked earlier imports before filing the bill of entry. The absence of proof that the broker knew of any misuse of the IEC, or that the importer shown in the documents was not the real owner, meant that no deliberate omission or failure to exercise prescribed due diligence was established. On those facts, alleged breaches of the Customs Brokers Licensing Regulations, 2018 were not made out and the penalty could not be sustained. en-us Wed, 04 Aug 2021 00:00:00 +0530 Fri, 06 Aug 2021 09:15:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410663 A customs broker is not liable for penalty merely because an importer's IEC may have been used by another person, where the broker obtained authorisation and KYC documents, verified client particulars and checked earlier imports before filing the bill of entry. The absence of proof that the broker knew of any misuse of the IEC, or that the importer shown in the documents was not the real owner, meant that no deliberate omission or failure to exercise prescribed due diligence was established. On those facts, alleged breaches of the Customs Brokers Licensing Regulations, 2018 were not made out and the penalty could not be sustained. Case-Laws Customs Wed, 04 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410663