CESTAT upholds Penalty on CHA Company & Director for not following KYC Norms

HLPL Global Logistics Pvt. Ltd. Vs CC, New Delhi (CESTAT Delhi)

We are in agreement with the finding of the ld. Adjudicating authority that CHA helps not properly verified the functioning of the client from at the declared address by using reliable independent and authenticate documents. This was a serious lapse on part of the CHA in verifying the KYC before taking up the Customs clearance of consignment of rough diamond imported by M/s Neotex Exim Pvt. Ltd. The appellants, considering the nature of the imported goods i.e. r

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