https://www.taxtmi.com/caselaws?id=32786 SC upheld that Section 151A permits the Board to issue guidelines but does not bind the quasi-judicial Assessing Authority, which must independently determine valuation under Customs Valuation Rules if transaction value is rejected for mis-declaration, under-invoicing or unrealistically low pricing. The impugned Standing Order is merely guideline-like and cannot oust the Assessing Authority's discretion, including classification of mixed waste. The court declined to adjudicate factual challenges to valuation findings, noting those are for statutory appeal, and dismissed the appeals with no order as to costs. en-us Thu, 05 Feb 2009 00:00:00 +0530 Fri, 05 Sep 2025 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32786 SC upheld that Section 151A permits the Board to issue guidelines but does not bind the quasi-judicial Assessing Authority, which must independently determine valuation under Customs Valuation Rules if transaction value is rejected for mis-declaration, under-invoicing or unrealistically low pricing. The impugned Standing Order is merely guideline-like and cannot oust the Assessing Authority's discretion, including classification of mixed waste. The court declined to adjudicate factual challenges to valuation findings, noting those are for statutory appeal, and dismissed the appeals with no order as to costs. Case-Laws Customs Thu, 05 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32786