Company Name: ……………………………………………………….

Name of final Product: ………………………………………………..

The calculation of Local Value Addition (LVA) of an industrial product (Sample format)

As a % of
the Total
Variable Description of cost Value (Rs) - per unit
Ex-factory
Cost

1 Cost of Raw Materials and Duty

Cost of Imported Materials

CIF Value of Imported Materials (define/ name each materials)

1.
2.
3.
Custom Import Duty
Port and Airport Dev. Levy
All other import charges

Sub Total
Cost of Local Materials
Materials and Parts manufactured locally ( define /name each
materials)
1.
2.
3.
Sub Total

2 Direct labour cost (Salaries and Wages,allowances,Staff welfare and EPF/ETF)

3 Depreciation (Direct)

Total ex factory cost (without profit margin)

Local Value Addition (cost of locally manufactured inputs + Direct Labour cost+ Depreciation (Direct) ) as a percentage of the
Ex-facory cost

The composition of the LVA

Percentage of Local material cost
Percentage of all local costs related to the manufacturing
process
Total
The above cost statement has been checked and verified by us according to the information and records available,
We hereby certify that the calculations are true & correct.

For Company For Charted Accountant

Date: Date:

Signature: Signature:

Name: Name:

Designation: Rubber Stamp:

Company Seal: