No Penalty on Broker Despite Exporter’s Fake Address, Due Diligence Proven

Daga Shipping Agents Private Limited Vs Commissioner of Customs (CESTAT Kolkata) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata, has set aside a penalty of ₹3 lakh imposed on Daga Shipping Agents Pvt. Ltd., a customs broker, for alleged failures in verifying an exporter’s details. The tribunal ruled that the penalty was unjustified as the appellant had acted in a “bona fide belief” after verifying all the required documents. The case stemmed from a shipping bill filed by the appellant on behalf of an exporter for the consignment of capacitors. The ...