https://www.taxtmi.com/caselaws?id=417959 The Member (Judicial) dismissed the rectification of mistake application, upholding the penalty of Rs. 80,000 imposed on the appellant-customs broker for facilitating the export of prohibited goods. Despite not profiting significantly from the illegal transaction, the appellant's lack of due diligence and vigilance in relying on freight forwarders for documentation contributed to the facilitation of the prohibited export. The decision emphasizes the importance of ensuring compliance with regulations and actively preventing the export of prohibited goods in handling export transactions. en-us Wed, 02 Feb 2022 00:00:00 +0530 Sat, 05 Feb 2022 08:25:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417959 The Member (Judicial) dismissed the rectification of mistake application, upholding the penalty of Rs. 80,000 imposed on the appellant-customs broker for facilitating the export of prohibited goods. Despite not profiting significantly from the illegal transaction, the appellant's lack of due diligence and vigilance in relying on freight forwarders for documentation contributed to the facilitation of the prohibited export. The decision emphasizes the importance of ensuring compliance with regulations and actively preventing the export of prohibited goods in handling export transactions. Case-Laws Customs Wed, 02 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417959