Failure Of CHA to Verify KYC Document of Bogus Firm Created With Forged Document does not amount to Abetment of Export: CESTAT Sets aside Penalty

CHA - Verify KYC Document - KYC Document - Bogus Firm Created With Forged Document - Bogus Firm - Export - CESTAT Sets aside Penalty - CESTAT - Penalty - taxscan

The New Delhi bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that the failure of the Customs House Agent (CHA) to verify the KYC document of a bogus firm created with forged document does not amount to abetment of export and set aside the penalty imposed. M/s KVS Cargo and…

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