Question

 Calculate Value Added at factor cost from the following.

ITEMS	Rs. CRORES
a. Purchase of raw materials	30
b. Depreciation	12
c. Sales	200
d. Excise tax	20
e. Opening stock	15
f. Intermediate consumption	48
g. Closing stock	10

Answer 1

Sales + ∆ in stock = value of output

Value of output – intermediate consumption = value added at MP

195-48 = 14

V.A at FC = V.A at MP – Net indirect tax

147 – 20 = 127 crores