Customs Broker Not Liable for Importer’s Suppressed Transaction Value; Penalty Set Aside

HIM Logistics Pvt. Ltd. Vs Commissioner of Central Excise & CGST (CESTAT Allahabad) The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Allahabad has overturned penalties imposed on HIM Logistics Pvt. Ltd., a customs broker, clarifying that such entities are not responsible for verifying the accuracy of documents provided by importers. The ruling, issued in the case of HIM Logistics Pvt. Ltd. Vs Commissioner of Central Excise & CGST, sets aside penalties totaling ₹15,000 that were upheld by the Commissioner (Appeals), Central Goods & Service Tax, Noida. The case stem...