https://www.taxtmi.com/caselaws?id=751694 CESTAT Mumbai set aside the revocation of customs broker license and forfeiture of security deposit. The tribunal found no evidence that the broker was involved in gold smuggling concealed in medical equipment consignment or violated Regulations 10(a), 10(d), and 10(m) of CBLR 2018. The smuggling was orchestrated by a syndicate without broker's knowledge, discovered only through DRI investigation. However, tribunal imposed Rs.10,000 penalty for minor violation of Regulation 10(n) regarding proactive document verification obligations. en-us Fri, 19 Apr 2024 00:00:00 +0530 Tue, 23 Apr 2024 09:12:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751694 CESTAT Mumbai set aside the revocation of customs broker license and forfeiture of security deposit. The tribunal found no evidence that the broker was involved in gold smuggling concealed in medical equipment consignment or violated Regulations 10(a), 10(d), and 10(m) of CBLR 2018. The smuggling was orchestrated by a syndicate without broker's knowledge, discovered only through DRI investigation. However, tribunal imposed Rs.10,000 penalty for minor violation of Regulation 10(n) regarding proactive document verification obligations. Case-Laws Customs Fri, 19 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751694