The CESTAT, Chennai in M/s. Sri Velavan Logistics Services Private Limited v. The Commissioner of Customs [Customs Appeal No. 40352 of 2022 dated December 21, 2022] has held that the valuation of any goods could never be the domain of a Customs Broker as the same depends upon the contract between the exporter and the importer, wherein no Customs Broker would have any say, therefore, the penalty imposition on Custom Broker is bad in law.
Source a2ztaxcorp
