Question:

From the following data, estimate the value of Net Indirect Taxes (NIT): 
 

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Net Indirect Taxes are calculated by subtracting Gross National Product at Factor Cost from the sum of Net National Product at Market Price and Consumption of Fixed Capital.
Updated On: Feb 3, 2025
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Solution and Explanation

Net Indirect Taxes = \( (i) + (iv) - (iii) \) \[ {Net Indirect Taxes} = 1,400 + 100 - 1,300 = Rs.200 { crore} \]
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