CESTAT Sets Aside Penalty as Customs Broker Had No Role in Determining Export Value

Ravi Dhanwariya Vs Commissioner of Customs Export ICD TKD (CESTAT Delhi) The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) allowed the appeal filed by a Customs Broker and set aside the penalty of Rs. 3,00,000 imposed under Section 114(iii) of the Customs Act, 1962. The case arose from an investigation into six shipping bills filed by the Customs Broker on behalf of an exporter. Customs authorities suspected that the export goods had been heavily overvalued to claim ineligible export benefits. Following examination and seizure of the goods, a show cause notice ...