Question

From the following calculate "Net Value Added at Factor Cost."

(Items)	(Rs. in lakh)
(i) Sales	400
(ii) Change in stock	(-) 20
(iii) Intermediate Consumption	200
(iv) Net Indirect taxes	40
(v) Exports	50
(vi) Depreciation	30

Answer 1

NVA_FC = (i) + (ii) - (iii) - (iv) - (vi)

or

= Sales + Change in Stock - Intermediate consumption - Net direct Taxes - Depreciation

= 400 + (-20) -200 - 40 - 30

= 400 - 20 - 270

NVA_FC = Rs. 110 lakh.