Customs broker licence restored; CBLR Reg. 10(d), 10(e), 10(n) violations unproved, revocation, forfeiture and penalty quashed

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....CESTAT allowed the appeal of the customs broker and set aside the impugned order revoking its Customs Broker licence, forfeiting the security deposit, and imposing penalty. The Tribunal held that there was no evidentiary basis to establish violation of Reg. 10(d), 10(e) or 10(n) of CBLR. It found no material to show that the broker failed to advise the exporters to comply with the law or imparted incorrect information, nor that it had neglected its KYC and verification obligations, given valid IEC, GSTIN and other documents issued by competent authorities. Consequently, all punitive measures against the broker were quashed and the licence stands restored.....