https://www.taxtmi.com/caselaws?id=449059 The CESTAT New Delhi ruled in favor of a customs broker facing penalties for illegal export of prohibited goods. While fraud occurred through document manipulation by the broker's employee, no evidence showed the broker's knowledge or connivance. The HC found the broker violated regulations by failing to verify the exporter's address and authorization. Applying proportionality doctrine, the tribunal reduced the penalty from security deposit forfeiture to Rs. 50,000, noting the broker took immediate action against the employee. The revenue's appeal for license revocation was dismissed as no mala fide conduct was established against the broker. en-us Fri, 02 Feb 2024 00:00:00 +0530 Mon, 05 Feb 2024 18:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449059 The CESTAT New Delhi ruled in favor of a customs broker facing penalties for illegal export of prohibited goods. While fraud occurred through document manipulation by the broker's employee, no evidence showed the broker's knowledge or connivance. The HC found the broker violated regulations by failing to verify the exporter's address and authorization. Applying proportionality doctrine, the tribunal reduced the penalty from security deposit forfeiture to Rs. 50,000, noting the broker took immediate action against the employee. The revenue's appeal for license revocation was dismissed as no mala fide conduct was established against the broker. Case-Laws Customs Fri, 02 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449059