Rule 8 - Captive Consumption - Central Excise Valuation (Determination of Price of Excisable goods) Rules, 2000

1 [8. Where whole or part of the excisable goods are not sold by the assessee but are used for consumption by him or on his behalf in the production or manufacture of other articles, the value of such goods that are consumed shall be one hundred and ten per cent of the cost of production or manufacture of such goods. ] ------------------ Notes:- 1. Substituted vide NOTIFICATION No 14/2013 Central Excise ( N.T.) dated November 22, 2013 w.e.f. 1st day of December, 2013 , before it was read as, "8. Where the excisable goods are not sold by the assessee but are used for consumption by him or on his behalf in the production or manufacture of other articles, the value shall be one hundred and ten per cent of the cost of production or manufacture of such goods."