https://www.taxtmi.com/highlights?id=74831 Revocation of customs Broker License - The CESTAT noted that, since based on authorized documents submitted by the exporters, they had verified online and filed the shipping bill in good faith; they cannot be penalised for the illegal attempt to export prohibited goods. - the Tribunal set aside the license revocation and forfeiture of the security deposit but upheld a penalty of Rs. 50,000 for regulatory violations. en-us Mon, 12 Feb 2024 06:29:32 +0530 Mon, 12 Feb 2024 06:29:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74831 Revocation of customs Broker License - The CESTAT noted that, since based on authorized documents submitted by the exporters, they had verified online and filed the shipping bill in good faith; they cannot be penalised for the illegal attempt to export prohibited goods. - the Tribunal set aside the license revocation and forfeiture of the security deposit but upheld a penalty of Rs. 50,000 for regulatory violations. Highlights Customs Mon, 12 Feb 2024 06:29:32 +0530 https://www.taxtmi.com/highlights?id=74831