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High Court Overturns Custom Broker's License Revocation Due to Lack of Revenue Loss Evidence.

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Full Text of the Document

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....Revocation of Custom Broker License - Proceedings against the CB when it is revenue neutral case - The question whether there was any loss of revenue as a consequence of actions of the appellant is a material factor for consideration by the respondent while determining the punitive measure to be inflicted on the appellant. - the impugned order revoking the appellant’s CB License is set aside - HC....