Rule 8 of 2000, Central Excise

[MUNIRAJ SRINIVASAN]

my Client has sold the products to sister concern @ 100 % but Central excise Audit Parties are told to pay 10% for not following Rule 8 of (Determination of Price Excisable Goods ) Rule 2000 if he can availe abatement of MRP @35% if any case law is there ?

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.

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[MARIAPPAN GOVINDARAJAN]

Whether you have got clarified in this issue? If not please inform.