https://www.taxtmi.com/highlights?id=61041 Revocation of customs broker licence - forfeiture of security deposit under regulation 18 - Admittedly, the appellant had not undertaken a sufficiently diligent verification and, instead, choose to rely upon the IEC registration which, fortunately for him, was genuine. To condone breach of this obligation would only encourage casual disregard of that obligation. The enquiry authority and the licensing authority cannot be faulted for considering this lapse on the part of the customs broker to be a breach of obligation. - AT en-us Tue, 21 Dec 2021 14:47:06 +0530 Tue, 21 Dec 2021 14:47:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61041 Revocation of customs broker licence - forfeiture of security deposit under regulation 18 - Admittedly, the appellant had not undertaken a sufficiently diligent verification and, instead, choose to rely upon the IEC registration which, fortunately for him, was genuine. To condone breach of this obligation would only encourage casual disregard of that obligation. The enquiry authority and the licensing authority cannot be faulted for considering this lapse on the part of the customs broker to be a breach of obligation. - AT Highlights Customs Tue, 21 Dec 2021 14:47:06 +0530 https://www.taxtmi.com/highlights?id=61041