Cancellation of warehouse licenses - Penalty u/s 117 - The ...

Tribunal Rules License Cancellation Invalid; Procedure Not Followed, No NOC Requirement, Unjustified Penalty on Director.

May 17, 2024

Case Laws     Customs     AT

Cancellation of warehouse licenses - Penalty u/s 117 - The Tribunal found that the Department had not adhered to the proper procedure for canceling the licenses and that the appellant had submitted genuine insurance policies for some licenses, which were erroneously cancelled. It also noted that the requirement for submitting NOCs from the port was not mandated by the relevant regulations. - Furthermore, the Tribunal held that the penalty imposed on the Director of the appellant company was not sustainable as the specific contraventions under the Customs Act were not established in the Show-Cause Notice.

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