https://www.taxtmi.com/highlights?id=88605 CESTAT partially allowed the appeal, setting aside the revocation of customs broker's licence and forfeiture of security deposit. The tribunal found the penalties disproportionately severe, noting insufficient evidence of misconduct under regulation 10(d) of Customs Broker Licensing Regulations, 2018. While acknowledging potential procedural irregularities in export goods valuation, the tribunal determined no conclusive proof of intentional wrongdoing by the customs broker. The order was modified to mitigate the original punitive measures, maintaining the underlying penalty imposed by the lower authority. en-us Thu, 22 May 2025 08:21:45 +0530 Thu, 22 May 2025 08:21:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88605 CESTAT partially allowed the appeal, setting aside the revocation of customs broker's licence and forfeiture of security deposit. The tribunal found the penalties disproportionately severe, noting insufficient evidence of misconduct under regulation 10(d) of Customs Broker Licensing Regulations, 2018. While acknowledging potential procedural irregularities in export goods valuation, the tribunal determined no conclusive proof of intentional wrongdoing by the customs broker. The order was modified to mitigate the original punitive measures, maintaining the underlying penalty imposed by the lower authority. Highlights Customs Thu, 22 May 2025 08:21:45 +0530 https://www.taxtmi.com/highlights?id=88605