https://www.taxtmi.com/caselaws?id=443046 Revocation of a Customs Broker licence under the Customs Brokers Licensing Regulations, 2013 was held disproportionately excessive where the alleged infraction concerned the manner of import reflection, the transaction was revenue neutral, and no revenue loss was shown. The Court held that disciplinary powers under the regulatory regime must be exercised commensurately with the nature of the breach, and that the serious civil consequences of revocation required consideration of the absence of prejudice and the character of the alleged error. The revocation order was therefore unsustainable. The merits of the high sea sale characterization were not finally reopened, as relief was confined to setting aside the punishment. en-us Tue, 12 Sep 2023 00:00:00 +0530 Thu, 04 Apr 2024 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443046 Revocation of a Customs Broker licence under the Customs Brokers Licensing Regulations, 2013 was held disproportionately excessive where the alleged infraction concerned the manner of import reflection, the transaction was revenue neutral, and no revenue loss was shown. The Court held that disciplinary powers under the regulatory regime must be exercised commensurately with the nature of the breach, and that the serious civil consequences of revocation required consideration of the absence of prejudice and the character of the alleged error. The revocation order was therefore unsustainable. The merits of the high sea sale characterization were not finally reopened, as relief was confined to setting aside the punishment. Case-Laws Customs Tue, 12 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443046