Inputs |
USD Million |
% in total inputs |
Value of Inputs( USD Million |
Tax rates |
Tax amount( USD million) |
Blocked input tax as % of total output |
Final Demand [ Domestic + imports ] |
3332.70 |
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Domestically manufactured( 32 %) |
1066.46 |
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Value of Input( 82.9 % of total output) |
884.10 |
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Construction |
2.85 % |
25.20 |
17 % |
4.37 |
0.41 % |
|
Petrol and diesel ** |
0.80 % |
7.07 |
123 % |
8.70 |
0.82 % |
|
Electricity |
0.70 % |
6.19 |
20 % |
1.24 |
0.12 % |
|
Swachcha Bharat Cess on Services |
8.00 % |
70.73 |
0.50 % |
0.35 |
0.03 % |
|
VAT on goods used in provision of services |
5.80 % |
51.28 |
5 % |
2.56 |
0.24 % |
|
Total |
18.2 % |
160.46 |
17.23 |
1.62 % |
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** Price build-up of petrol and diesel( Rs./ litre) |
Assumptions while estimating tax disability |
required to be mentioned) |
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1. |
In case of domestic manufacturing, MRP would be Rs |
5. |
SAD would not be exempt on import of components, since |
|
100 /-; while in case of imported goods, MRP would be |
they will be used for manufacture |
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90 /- |
6. |
Entry tax would be applicable on domestic manufacturing |
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2. |
In case of Domestic manufacturing, 80 % components |
as well as imports @ 1 % |
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would be imported and 20 % would be domestically |
7. |
Finance cost has been assumed to be same |
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procured |
8. |
Excise duty @ 12.5 % and CST @ 2 % would be applicable on |
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3. |
In case of Domestic manufacturing, following taxes would |
sale of domestically manufactured items |
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be applicable: |
9. |
All the domestically manufactured items are to be sold in |
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a) |
Excise duty @ 12.5 % on domestic procurements, which |
course of interstate trade and commerce whereas imported |
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would be creditable |
Finished products are to be directly imported to the place |
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b) CST @ 2 % on domestic procurements on interstate |
of resale |
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purchases( assumed 50 % inter-state purchases) |
Assumptions for estimating the Business Environment Disability |
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c) |
VAT Credit reversal Cost @ 3 % on domestic |
10. Inventory norms of three months have been assumed with |
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procurements on intra state purchases( assumed 50 % |
interest of ~ 14 % for the purpose of computing raw |
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intra state purchases) |
material( RM) inventory-carrying costs for domestic |
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d) CVD @ 12.5 % on imports, which would be creditable |
manufacturers and RM landed costs, including Cenvatable |
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e) |
Education Cess @ 3 % on imports, which would be nonmanufacturing |
taxes, for their computation. In other low-cost |
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creditable |
destinations( such as China), it is assumed |
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4. |
f)
SAD @ 4 % on imports, which would be creditable
SAD would be exempt on imported goods for trading( SAD is exempt on goods imported for trading on which MRP is
|
that components are domestically available and the raw material inventory-carrying cycle is negligible due to the presence of a mature ESDM ecosystem. |
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