Find net value added at factor …
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Gaurav Seth 5 years, 1 month ago
Value of output = Sales + Change in stock
= 20 + 2
= Rs 22lakh
Gross value added at market price = Value of output - Intermediate consumption
= 22 - 5
= Rs 17lakh
NVAFC = GVAMP - Depreciation - Net indirect tax
= 17 - (Cost of producers goods/No. of useful life in year) - (Indirect tax - Subsidy)
= 17 - (10lakh/10) - (1 - 0)
= 17 - 1 - 1 = Rs 15lakh
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