Customs Broker License Revoked Under CBLR 2018 For KYC Violations and Third-Party Document Acceptance Without Verification

CESTAT upheld revocation of Customs Broker License and forfeiture of security deposit due to violation of Regulations 10(d) and 10(n) of CBLR, 2018. The broker failed to properly verify KYC documents, accepting them from third parties without direct verification of exporter/importer addresses. The tribunal found that mere possession of documents without due diligence in verification constituted a serious lapse resulting in revenue loss. The Additional Commissioner's observations regarding CBLR violations were deemed without jurisdiction, however, the primary order revoking the license was confirmed after proper analysis of facts and relevant CBLR provisions. The appeal was dismissed, affirming the broker's failure to meet statutory obligations. .....

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