Custom Broker's License Renewal Can't Be Denied for Single Minor Irregularity with Rs. 25,000 Penalty.

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Full Text of the Document

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....Rejection of Custom Broker application for renewal of license - if there are multiple instances of complaints of misconduct of a Custom House Broker, the renewal of license may be refused. However a mere isolated instance of irregularity which was found to be no more serious than to impose penalty of ₹ 25,000/-, cannot be the ground for refusal to grant renewal. - HC....