https://www.taxtmi.com/caselaws?id=425484 Where a customs broker's licence was issued under the 2013 Regulations, the obligation to report a change in constitution had to be tested under Regulation 13 of those Regulations, not the second proviso to Regulation 7(2) of the 2018 Regulations. The incorrect reference to the later regime did not vitiate the proceedings, but the lapse was still a violation under the earlier regime. On the delayed intimation, the Tribunal treated the conduct as a reporting lapse rather than grave misconduct; it sustained the penalty but set aside forfeiture of the security deposit as excessive in the circumstances. en-us Fri, 22 Jul 2022 00:00:00 +0530 Mon, 25 Jul 2022 09:18:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425484 Where a customs broker's licence was issued under the 2013 Regulations, the obligation to report a change in constitution had to be tested under Regulation 13 of those Regulations, not the second proviso to Regulation 7(2) of the 2018 Regulations. The incorrect reference to the later regime did not vitiate the proceedings, but the lapse was still a violation under the earlier regime. On the delayed intimation, the Tribunal treated the conduct as a reporting lapse rather than grave misconduct; it sustained the penalty but set aside forfeiture of the security deposit as excessive in the circumstances. Case-Laws Customs Fri, 22 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425484