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Customs - Highlights / Catch Notes

Home Highlights February 2024 Year 2024 This

Revocation of CB license - forfeiture of the security deposit - ...


CB License Revocation Overturned Due to Missed Deadlines: Tribunal Halts Proceedings for Revenue Dept. Actions.

February 1, 2024

Case Laws     Customs     AT

Revocation of CB license - forfeiture of the security deposit - imposition of penalty under Regulation 18 of CBLR 2018 - The tribunal held that the time limits prescribed in the CBLR, 2018 have not been followed in this case as an apparent. In these circumstances it cannot be continued as the actions of revenue under CBLR are barred by limitation prescribed by CBLR, 2018.

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