https://www.taxtmi.com/caselaws?id=50816 Penalty on a Customs House Agent under Section 114 of the Customs Act was held unsustainable because no act or omission by the agent was shown to have rendered the goods liable to confiscation. The alleged breach of Regulation 14(b) of the Customs House Agents Licensing Regulations was not proved, as that provision concerns the mode of transacting business at the customs station and no such violation was established. Section 11(1) of the Foreign Trade (Development and Regulation) Act did not apply to a customs agent, since it imposes obligations on importers and exporters. A Customs House Agent may act on the exporter's instructions and is not required to verify invoice value against market value absent incriminating material. en-us Tue, 16 Oct 2001 00:00:00 +0530 Thu, 09 Sep 2010 10:14:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50816 Penalty on a Customs House Agent under Section 114 of the Customs Act was held unsustainable because no act or omission by the agent was shown to have rendered the goods liable to confiscation. The alleged breach of Regulation 14(b) of the Customs House Agents Licensing Regulations was not proved, as that provision concerns the mode of transacting business at the customs station and no such violation was established. Section 11(1) of the Foreign Trade (Development and Regulation) Act did not apply to a customs agent, since it imposes obligations on importers and exporters. A Customs House Agent may act on the exporter's instructions and is not required to verify invoice value against market value absent incriminating material. Case-Laws Customs Tue, 16 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50816