Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000

Chapter II

Determination of value

8. When goods are used for Home Consumption

²[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.]

1 Substituted vide  Notification No. 60/2003-CE (NT) dated 5-8-2003 

2 Substituted vide Notification No. 14/2013-CE (NT) Dated 22/11/2013

Refer Circular No. 975/9/2013-CX Dated 25/11/2013