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Question

Calculate intermediate consumption from the following data:

Value of output400Net value added at factor cost160Depreciation40Subsidy10Sales tax30

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Solution

GVAmp=NVAfc + Depreciation + NIT
= 160 + 40 + (30 - 10) = Rs. 220

GVAMP = Value of output - Intermediate consumption
220 = 400 - Intermediate consumption
Rs. 180 crores = Intermediate consumption


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