Customs Broker License Revocation or Penalty Must Occur Within Prescribed Timeframe; Timeliness is Crucial for Compliance.

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Full Text of the Document

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....Revocation of CB License - the revocation of the license or imposing penalty should also be done within the time prescribed - Merely because the Regulation does not prescribe or spell out expressly or specifically as to what would be the consequence, there could be no presumption that there is no consequence at all in these cases.....