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
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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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