Failure of CB to act in Proactive manner in fulfilment of obligation under sub-regulation 11(a) of CBLR: CESTAT upholds Forfeiture of Security Deposit [Read Order]

CESTAT upholds Forfeiture of Security Deposit on Failure of CB to act in Proactive Manner in Fulfilment of Obligation under Sub-regulation 11(a) of CBLR
CESTAT - CBLR - Failure of CB to act in Proactive Manner - Security Deposit Customs - TAXSCAN

The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) upheld the forfeiture of security deposit on the ground of failure of customs broker (CB) to act in proactive manner in fulfilment of obligation under sub-regulation 11(a) of the Customs Brokers Licensing Regulations, 2013 (CBLR). On the basis of such offence report/letter…

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