https://www.taxtmi.com/caselaws?id=308532 A Customs Broker licence could not be revoked solely because the importer was later alleged to have indulged in over-valuation or misdeclaration, where the broker had verified IEC, GSTIN, identity and business particulars through reliable documents and official sources. The Tribunal held that the Customs Broker Licensing Regulations, 2018 require verification based on authentic documentary and digital material, but do not impose physical verification of the importer's premises as a mandatory precondition. In the absence of proved collusion, fraud or false KYC documents, the broker could not be penalised for the importer's later misconduct or for a valuation dispute raised by the department. The revocation and forfeiture were set aside. en-us Wed, 27 Jul 2022 00:00:00 +0530 Mon, 03 Jul 2023 08:39:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308532 A Customs Broker licence could not be revoked solely because the importer was later alleged to have indulged in over-valuation or misdeclaration, where the broker had verified IEC, GSTIN, identity and business particulars through reliable documents and official sources. The Tribunal held that the Customs Broker Licensing Regulations, 2018 require verification based on authentic documentary and digital material, but do not impose physical verification of the importer's premises as a mandatory precondition. In the absence of proved collusion, fraud or false KYC documents, the broker could not be penalised for the importer's later misconduct or for a valuation dispute raised by the department. The revocation and forfeiture were set aside. Case-Laws Customs Wed, 27 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308532