Customs broker retains license after revocation reconsidered; Rs. 10,000 penalty imposed for regulatory non-compliance.

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....Revocation of Customs Broker License - In view of the failure of the appellants to have acted in a proactive manner in fulfilment of the obligation under Regulation 10(n) ibid, particularly when they had received the documents from importer through intermediary, it is justifiable to impose a penalty of Rs.10,000/-, which would be reasonable. - Order of revocation reversed - AT....