Question

Find Net Value Added at Market Price.

S.No.	Contents	Rs(in crore)
(i)	Output Sold (units)	800
(ii)	Price Per Unit of output	20
(iii)	Excise	1600
(iv)	Import Duty	400
(v)	Net change in stock	-500
(vi)	Depreciation	1000
(vii)	Intermediate Cost	8000

Answer 1

Sales = Output Sold x Price Per Unit = 800 x 20 = Rs 16000 crore.

Now, Value of Output = Sales + Change in Stock = ? [16000 +(-500)] = Rs 15500 crore .

Now, GVAMP = Value of Output - Intermediate Cost = Rs (15500 -8000) = Rs 7500 crore.

Hence, NVAMP = GVAMP - Depreciation = Rs  (7500 - 1000) = Rs 6500 crore