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Procedure

6.35.3

Document type
Procedure
Reference no.
O
Dated

Depreciation norms for other Capital goods

6.35.3

Depreciation norms for other Capital goods

For capital goods, other than above, depreciation rate would be as follows:

4% for every quarter in first year;

3% for every quarter in second and third year;

2.5% for every quarter in fourth and fifth year;

2% for every quarter thereafter

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