Customs Broker's License Revocation Overturned Due to Insufficient Evidence of Fraud Scheme Participation; Penalty and Forfeiture Upheld.

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....Revocation of Customs Broker License - The Adjudicating Authority without any material has observed that the Customs Broker played an active role in the scheme devised by various unscrupulous importers to defraud the Revenue by evading the customs duty - There is no material, even remotely suggest that he was privy to the actual activity of facilitating the import. - Order of revocation set aside - However, forfeiture of the security deposit and penalty of Rs. 50,000/- maintained - AT....