https://www.taxtmi.com/caselaws?id=435420 A courier was found not to have committed a proven breach of the Courier Import and Export Regulations, 2010 on delay in presenting consignments, verification of client antecedents, due diligence, or withholding information, because the record showed screening, KYC collection, early intimation to customs, and cooperation with the enquiry. On that basis, the findings under Regulations 6(4) and 12(iv) to 12(vii) were displaced. The forfeiture of the security deposit could not stand once the principal contraventions failed, and the penalty was reduced, with restoration of the security deposit ordered. en-us Thu, 16 Mar 2023 00:00:00 +0530 Sat, 18 Mar 2023 10:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435420 A courier was found not to have committed a proven breach of the Courier Import and Export Regulations, 2010 on delay in presenting consignments, verification of client antecedents, due diligence, or withholding information, because the record showed screening, KYC collection, early intimation to customs, and cooperation with the enquiry. On that basis, the findings under Regulations 6(4) and 12(iv) to 12(vii) were displaced. The forfeiture of the security deposit could not stand once the principal contraventions failed, and the penalty was reduced, with restoration of the security deposit ordered. Case-Laws Customs Thu, 16 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435420