Communicating of Government of India, Ministry of Finance Notification -Central Excise and Circular- Amendment to Rule 8,9 and 10 of the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000 - Central Excise - CENTRAL EXCISE TRADE NOTICE NO. 04/2013

GOVERNMENT OF INDIA, MINISTRY OF FINANCE, DEPARTMENT OF REVENUE. OFFICE OF THE COMMISSIONER OF CENTRAL EXCISE, CUSTOMS S. TAX, NO.71, CLUB ROAD, BELGAUM - 590 001 DATED: 03.12.2013 CENTRAL EXCISE TRADE NOTICE NO. 04/2013 Sub :- Communicating of Government of India, Ministry of Finance Notification -Central Excise and Circular- Amendment to Rule 8,9 and 10 of the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000 - Reg. The Government of India, Ministry of Finance, Central Board of Excise and Customs, New Delhi vide Notification No 14/2013-CE(NT) dated 22.11.2013 and Circular No 975/09/2013-CX dated 25.11.2013 (issued from File F. No 6/12/2009-CX-1) amended the Rule 8, 9 and 10 of the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000. G.S.R.(E) - In exercise of the powers conferred by Section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules to further amend the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000, namely 1. (1) These rules may be called the Central Excise Valuation (Determination of Price of Excisable Goods) Amendment Rules, 2013. (2) They shall come into force with effect from the 1st day of December, 2013 2. In the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000 (hereinafter referred to as the said rules), for rule 8, the following rule shall be substituted, namely : 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 3. In the said rules, in rule 9, for the words 'When the assessee so arranges that the excisable goods are not sold by an assessee except 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 the goods shall be the normal transaction value , the words 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 iri 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 be substituted. 4. In the said rules, in the rule 10, for the words When the assessee so arranges that the excisable goods are not sold by him except to or through an inter connected undertaking, the value of goods shall be determined in the following manner, namely - the words Where whole or part of the excisable goods are sold by the assessee to or through an inter connected undertaking, the value of such goods shall be determined in the following manner, namely Shall be substituted. The Notification and Circular mentioned above may be downloaded from the following websites. www.cbec.gov.in The contents of the Trade Notice are brought to the notice of all the constituent member of the Trade and Industry. (Issued from File No. IV/ 16/19/2013 Tech) (B. HARERAM) COMMISSIONER