#custodian liability

CESTAT Delhi clarifies that custodians like CONCOR cannot be held liable for duty on imported goods with mismatched contents unless there is concrete evidence of seal tampering during custody. The ruling sets a key precedent for ICD operators, limiting liability to cases of proven negligence or misconduct.

Bombay High Court holds that accepting installment payments as custodian and failing to deposit them with finance corporation constitutes criminal breach of trust under Section 406 IPC.