https://www.taxtmi.com/highlights?id=76664 Revocation of Customs Broker Licence - forfeiture of security deposit - levy of penalty - mis-declaration of quantity of imported goods - The Tribunal found the CB guilty of contravening Regulation 11(n) by failing to verify the importer's functioning at the declared address. Despite obtaining documents, the CB neglected to ensure compliance with regulatory obligations. This failure extended over multiple consignments, indicating a pattern of negligence. It upheld the adjudicating authority's decision to revoke the license and forfeit the security deposit, considering the gravity of the violations and the CB's responsibilities. en-us Wed, 17 Apr 2024 12:11:16 +0530 Wed, 17 Apr 2024 12:11:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=76664 Revocation of Customs Broker Licence - forfeiture of security deposit - levy of penalty - mis-declaration of quantity of imported goods - The Tribunal found the CB guilty of contravening Regulation 11(n) by failing to verify the importer's functioning at the declared address. Despite obtaining documents, the CB neglected to ensure compliance with regulatory obligations. This failure extended over multiple consignments, indicating a pattern of negligence. It upheld the adjudicating authority's decision to revoke the license and forfeit the security deposit, considering the gravity of the violations and the CB's responsibilities. Highlights Customs Wed, 17 Apr 2024 12:11:16 +0530 https://www.taxtmi.com/highlights?id=76664