https://www.taxtmi.com/caselaws?id=802597 Customs penalties under sections 114 and 114AA of the Customs Act, 1962 cannot be sustained against a customs broker for an exporter's overvaluation of goods where the revenue authorities produce no evidence that the broker knew of the overvaluation. No proceedings were initiated against the broker under the Customs Brokers Licensing Regulations, 2018. en-us Mon, 02 Nov 2026 00:00:00 +0530 Thu, 12 Nov 2026 08:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802597 Customs penalties under sections 114 and 114AA of the Customs Act, 1962 cannot be sustained against a customs broker for an exporter's overvaluation of goods where the revenue authorities produce no evidence that the broker knew of the overvaluation. No proceedings were initiated against the broker under the Customs Brokers Licensing Regulations, 2018. Case-Laws Customs Mon, 02 Nov 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802597