No Penalty for Customs Broker GM: Judicial Discretion Prevails Over Automatic Penalties u/ss 114 & 114AA of Customs Act.

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....Levy of penalty u/s 114 and 114AA of the Customs Act, 1962 - Personal penalty on General Manger of the Customs Broker - not verifying genuineness of the exporter and his place of functioning - Penalties should not be imposed merely because a legal provision provides for it. It is a discretion of the authority to be exercised judicially - No penalty - AT....