Calculate ‘Value of Output’ from the following data Subsidy ₹ 10 Intermediate Consumption ₹ 150
Calculate ‘Value of Output’ from the following data:
| Particulars | ₹ in lakhs |
| (i) Subsidy | 10 |
| (ii) Intermediate Consumption | 150 |
| (iii) Net addition to stocks | (-) 13 |
| (iv) Depreciation | 30 |
| (v) Goods and Services Tax | 20 |
| (vi) Net Value added at factor cost | 250 |
Ans: Value of Output = ₹ 440 lakhs
Anurag Pathak Changed status to publish November 11, 2023
Solution:-
Gross Value Added at MP = Net Value added at Factor Cost + Depreciation + Net indirect tax (Goods and Services tax – Subsidy)
Gross Value Added at MP = ₹ 250 + ₹ 30 + (₹ 20 – ₹ 10)
Gross Value Added at MP = ₹290 Crores
Gross Value Added at MP = Value of Output – Intermediate Consumption
₹ 290 = Value of Output – ₹ 150
Value of Output = ₹ 440 Lakhs
Anurag Pathak Changed status to publish November 11, 2023