| Content | Blocks 3 and 3.1: Principal and other operating expenses
Block 3: Selected important operating expenses during the reference month
Block 3.1: Other operating expenses during the reference period. This block will contain the overall expenses
of the enterprise. If some of the items have already appeared in block 3, care should be taken so that they are
not repeated in this block. Entire expenditure of enterprises engaged in other community, social and personal
services (NIC 04 divisions 90 to 93) will be reported in this block.
- It must be noted that items will first be filled in block 3 and only those not covered in that block, will be filled in
block 3.1, i.e., block 3 will get priority over block 3.1.
- Fines and penalties (for example payments for late submission of returns), loss due to chits and funded
accounts, which are not part of intermediate consumption, will not be considered.
Blocks 3 and 3.1 are the two blocks where operating expenses of the enterprises will be collected. The principal
operating expenses will be covered in block 3 and operating expenses not included in block 3 will be covered
under block 3.1. The reference period for the blocks will be reference year if information is recorded from the
books of accounts, and reference month if information is received orally, as mentioned in paragraph 3.0.2.
- If some expenses are made on yearly or half-yearly basis, those are to be properly apportioned for the reference
month and recorded.
- For items where payments are not yet made, payable amount may be obtained and recorded. Estimated
charges may be recorded in such cases.
If any of the items of block 3.1 is already covered under block 3, then it should not be repeated in block 3.1. Both
theses blocks should be filled up in such a way that there is no duplication and omission.
Blocks 3 to 5:- Data on receipts and expenditure of all non-financial enterprises will be collected using these
blocks. Items 301 to 395 of blocks 3 and 3.1 and item 502 of block 5 are for collecting data on various items
of intermediate consumption of an enterprise. Items 401 to 487 of blocks 4 and 4.1 will record the receipts
due to entrepreneurial activities. Block 5 will be used to record other items of expenses and receipts of these
enterprises. Care may be taken so that there is no omission or duplication of entries on expenses between
blocks 3, 3.1 and items 501 to 514 of block 5. Similarly, omission or duplication of recording receipts may
be avoided between blocks 4, 4.1 and items 531 to 544 of block 5. If the value of the receipts in block 4 is
collected at ex-factory price, then distributive expenses will not be recorded in item 453. Gross value added using
product approach will be computed using block 4.2. In normal situations, gross value added is found as positive.
However, if the gross value added arrived at is negative, remarks as per specified codes, and additional remarks,
whenever necessary, must be provided in blocks 12 and 13. |
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