Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000
Chapter II
Determination of value
9. When goods are sold to related person
1[Where whole or part of the excisable goods are sold by the assessee to or through a person who is related in the manner specified in any of the sub-clauses (ii), (iii) or (iv) of clause (b) of sub-section (3) of section 4 of the Act, the value of such goods shall be the normal transaction value] at which these are sold by the related person at the time of removal, to buyers (not being related person); or where such goods are not sold to such buyers, to buyers (being related person), who sells such goods in retail:
Provided that in a case where the related person does not sell the goods but uses or consumes such goods in the production or manufacture or articles, the value shall be determined in the manner specified in rule 8.
1 Substituted Vide Notification No. 14/2013-CE (NT) Dated 22/11/2013
Refer Circular No. 975/9/2013-CX Dated 25/11/2013
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