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<h1>Rule 8: Excisable Goods for Captive Use Valued at 110% of Production Cost, Amended Effective December 2013.</h1> Rule 8 of the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000, addresses the valuation of excisable goods used for captive consumption. When goods are not sold but used by the assessee in the production or manufacture of other articles, the value for excise purposes is set at 110% of the cost of production or manufacture. This rule was amended by a notification effective December 1, 2013, to clarify the valuation method for such goods.