https://www.taxtmi.com/caselaws?id=445487 CESTAT Mumbai allowed the appeal challenging revocation of customs broker license, forfeiture of security deposit, and penalty imposition. The tribunal found no violation of CBLR 2018 Regulations 10(d), 10(e), and 10(n) as the broker filed bill of entry per importer's documents, was unaware of value mis-declaration, and obtained required KYC documents. The mis-declaration was discovered only after departmental examination and market inquiry. The tribunal noted significant adjudication delay from January 2018 import to February 2021 order without reasonable justification, making the revocation order unsustainable. en-us Mon, 06 Nov 2023 00:00:00 +0530 Thu, 09 Nov 2023 08:49:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445487 CESTAT Mumbai allowed the appeal challenging revocation of customs broker license, forfeiture of security deposit, and penalty imposition. The tribunal found no violation of CBLR 2018 Regulations 10(d), 10(e), and 10(n) as the broker filed bill of entry per importer's documents, was unaware of value mis-declaration, and obtained required KYC documents. The mis-declaration was discovered only after departmental examination and market inquiry. The tribunal noted significant adjudication delay from January 2018 import to February 2021 order without reasonable justification, making the revocation order unsustainable. Case-Laws Customs Mon, 06 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445487