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Question
Calculate Net Value Added at Factor Cost (NVAFC) from the following data:
| S. No. | Particulars | Amount (in ₹ Lakh) |
| (i) | Fixed capital goods (expected life span - 5 years) |
15 |
| (ii) | Domestic Sales | 220 |
| (iii) | Change in stock | (−) 10 |
| (iv) | Exports | 10 |
| (v) | Single use producer goods | 100 |
| (vi) | Net indirect taxes | 20 |
Numerical
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Solution
NVAFC = (ii) + (iv) + (iii) − (i) − (v) − (vi)
= 220 + 10 + (−)10 − [15/5] −100 − 20
= ₹ 97
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