Question

8. Calculate Net Value Added at Factor Cost:
Sales :
{CBSE, Delhi,
1
600
400
Particulars
(i) Consumption of fixed capital (3)
(ii) Goods and Services Tax or GST* (5)
(iii) Output sold (units)
(iv) Price per unit of output (3)
(v) Net change in stocks (5)
(vi) Intermediate cost ()
(vii) Subsidy (5)
2,000
10
(-) 50
10,000
1
500​

Answer 1

Answer:

NVA at FC = Value of Output {Sales (Output sold x Price per unit of output)} + Change in stock) - Intermediate Cost - Consumption of fixed capital - Net indirect taxes (GST - Subsidy) = Rs.[{10 x 2,000} + (-)50 - 10,000 - 600 - (400 - 500)] crores = Rs.9,450 crores.

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