https://www.taxtmi.com/caselaws?id=773251 CESTAT Chennai set aside the revocation of customs broker license and forfeiture of entire security deposit, finding that while the broker acted in good faith, certain grey areas required clarification. The tribunal noted that revenue failed to prove violations of CBLR 2018 regulations warranting license cancellation. However, acknowledging the broker could have been more diligent in discharging obligations, the penalty was reduced to Rs.5,000 as a deterrent measure. Appeal disposed. en-us Thu, 19 Jun 2025 00:00:00 +0530 Fri, 20 Jun 2025 08:34:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773251 CESTAT Chennai set aside the revocation of customs broker license and forfeiture of entire security deposit, finding that while the broker acted in good faith, certain grey areas required clarification. The tribunal noted that revenue failed to prove violations of CBLR 2018 regulations warranting license cancellation. However, acknowledging the broker could have been more diligent in discharging obligations, the penalty was reduced to Rs.5,000 as a deterrent measure. Appeal disposed. Case-Laws Customs Thu, 19 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773251