https://www.taxtmi.com/caselaws?id=751461 CESTAT New Delhi upheld revocation of customs broker licence and forfeiture of security deposit for violation of Regulation 11(n) of CBLR, 2013. The broker failed to conduct proper KYC verification, facilitating imports through dummy IEC holder over 60-70 consignments. Despite goods being cleared in one party's name, actual importer was different party who controlled documentation, payments, and goods receipt. Tribunal found broker's connivance evident and rejected proportionality challenge, noting violations without intent suffice for action. Appeal dismissed. en-us Mon, 15 Apr 2024 00:00:00 +0530 Tue, 16 Apr 2024 10:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751461 CESTAT New Delhi upheld revocation of customs broker licence and forfeiture of security deposit for violation of Regulation 11(n) of CBLR, 2013. The broker failed to conduct proper KYC verification, facilitating imports through dummy IEC holder over 60-70 consignments. Despite goods being cleared in one party's name, actual importer was different party who controlled documentation, payments, and goods receipt. Tribunal found broker's connivance evident and rejected proportionality challenge, noting violations without intent suffice for action. Appeal dismissed. Case-Laws Customs Mon, 15 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751461