https://www.taxtmi.com/caselaws?id=751514 CESTAT Mumbai partially allowed the appeal regarding customs broker license revocation and security deposit forfeiture. The tribunal found that the customs broker violated only Regulation 10(e) of CBLR 2018 by failing to cross-verify tariff classification despite having documents showing correct HS code. Violations of Regulations 10(d) and 10(m) were not established as the broker filed bills of entry per importer's documents without knowledge of mis-declaration and cooperated during investigations. The tribunal reduced the security deposit forfeiture from Rs.15,000 to Rs.5,000, finding partial forfeiture appropriate for the single violation under Regulation 10(e). en-us Mon, 15 Apr 2024 00:00:00 +0530 Thu, 18 Apr 2024 08:27:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751514 CESTAT Mumbai partially allowed the appeal regarding customs broker license revocation and security deposit forfeiture. The tribunal found that the customs broker violated only Regulation 10(e) of CBLR 2018 by failing to cross-verify tariff classification despite having documents showing correct HS code. Violations of Regulations 10(d) and 10(m) were not established as the broker filed bills of entry per importer's documents without knowledge of mis-declaration and cooperated during investigations. The tribunal reduced the security deposit forfeiture from Rs.15,000 to Rs.5,000, finding partial forfeiture appropriate for the single violation under Regulation 10(e). Case-Laws Customs Mon, 15 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751514