2023 (9) TMI 1397 - SCH - Customs

Levy of penalty - guar gum was of food grade or not - Revenue s contention that it is of food grade is based on the test reports of AES to whom the samples were sent by CRCL - valuation should be based on transaction value or not - Rejection of transaction value - Tribunal held that The impugned order is correct in rejecting the transaction value and re-determining the value based on the contemporaneous values of imports available in NIDB. HELD THAT - There are no reason to interfere with the order(s) impugned in these appeals - appeal dismissed.