https://www.taxtmi.com/caselaws?id=777518 CESTAT allowed the appeal and set aside the impugned order that imposed a Rs.50,000 penalty under Regulation 18 of CBLR, 2013 and related consequences. The tribunal accepted that the broker breached Regulation 11(n) by not verifying the declared exporter's premises, but found no involvement in or benefit from fraudulent exports; therefore the penalty and measures were improper and untenable. The adjudicating authority's action was vacated and the penalty/order annulled. en-us Thu, 28 Aug 2025 00:00:00 +0530 Mon, 01 Sep 2025 08:13:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777518 CESTAT allowed the appeal and set aside the impugned order that imposed a Rs.50,000 penalty under Regulation 18 of CBLR, 2013 and related consequences. The tribunal accepted that the broker breached Regulation 11(n) by not verifying the declared exporter's premises, but found no involvement in or benefit from fraudulent exports; therefore the penalty and measures were improper and untenable. The adjudicating authority's action was vacated and the penalty/order annulled. Case-Laws Customs Thu, 28 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777518