https://www.taxtmi.com/caselaws?id=761500 A Customs Broker meets the verification duty under the Customs Broker Licensing Regulations, 2018 when it relies on genuine and reliable KYC material, including IEC, GST registration, partnership papers, rent agreement, electricity bill and PAN details, to verify the client's identity and functioning at the declared address. Official documents issued by public authorities may be relied on, and the obligation does not extend to continuous physical surveillance of the exporter's premises. As the documents were not shown to be forged or fabricated and the broker had taken reasonable steps, the revocation of the licence was held unsustainable. en-us Tue, 29 Oct 2024 00:00:00 +0530 Tue, 12 Nov 2024 08:52:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761500 A Customs Broker meets the verification duty under the Customs Broker Licensing Regulations, 2018 when it relies on genuine and reliable KYC material, including IEC, GST registration, partnership papers, rent agreement, electricity bill and PAN details, to verify the client's identity and functioning at the declared address. Official documents issued by public authorities may be relied on, and the obligation does not extend to continuous physical surveillance of the exporter's premises. As the documents were not shown to be forged or fabricated and the broker had taken reasonable steps, the revocation of the licence was held unsustainable. Case-Laws Customs Tue, 29 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761500