https://www.taxtmi.com/caselaws?id=428230 The Court upheld the Tribunal's decision to set aside the revocation of the respondent's license but overturned the decision to set aside the forfeiture of the security deposit. The respondent was directed to furnish a fresh security deposit for license renewal. The period during which the license was revoked was considered as a penalty. The appeal was allowed in part, with the Customs House Agents License to be renewed upon compliance with the fresh security deposit requirement within eight weeks. en-us Mon, 26 Sep 2022 00:00:00 +0530 Tue, 27 Sep 2022 07:17:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428230 The Court upheld the Tribunal's decision to set aside the revocation of the respondent's license but overturned the decision to set aside the forfeiture of the security deposit. The respondent was directed to furnish a fresh security deposit for license renewal. The period during which the license was revoked was considered as a penalty. The appeal was allowed in part, with the Customs House Agents License to be renewed upon compliance with the fresh security deposit requirement within eight weeks. Case-Laws Customs Mon, 26 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428230