Licence of 56 customs brokers suspended, several others under CBIC scanner
Hindustan Times, New Delhi Edited by Kanishka Sarkar Sep 13, 2020 21:10 IST The action, CBIC said, came after the Directorate General of Analytics and Risk Management (DGARM) carried out data analytics of customs brokers linked with fraudulent or unscrupulous exporters. There were 7,516 exporters in the ‘risky exporter’ list of CBIC till mid July. The Central Board of Indirect Taxes and Customs (CBIC) on Sunday suspended the licence of 56 customs brokers after they were found to be associated with fraudulent exporters. The action, CBIC said, came after the Directorate General of Analytics and Risk Management (DGARM) carried out data analytics of customs brokers linked with fraudulent or unscrupulous exporters. The directorate’s findings resulted in the suspension of licences of 56 customs brokers, including those of 37 from Delhi, since August 2019 till date. The exercise found that as many as 62 customs brokers had handled more than 15,290 export consignments of 1,431 untr...