Question

Calculate Net value added at factor cost from the following

Itmes Rs in Crore
i) Purchase of machinery to be used in the production unit - 100
ii) Sales - 200
iii) Intermediate costs - 090
iv) Indirect Taxes - 012
v) Change in stock - 010
vi) Excise duty - 006
vii) Stock of row material - 005

Answer 1

Answer:

GVAmp = value of output - intermediate consumption

=(sales + change in stock) - intermediate consumption

= 200+10-90

=120

we know,

NVAfc = Gvamp-consumption of fixed capital

= 120-100

= 20

Answer 2

Answer:

Value of output = Sales+ Change in stock

= 200+10

= 210

GVA mp = Value of output - Intermediate costs

= 210 - 90

= 120

Therefore,

NVA fc = GVA mp - depreciation- NIT

= 120-0-(Indirect Tax- Subsidies)

= 120-0-(12-0)

= 120-12

= 108 (Ans)