9.35
- Document type
- Procedure
- Dated
- Category
- HB Vol.1 (upto 31/03/2001)
Depreciation norms for capital goods
9.35 The depreciation norms for capital goods of units, including electronics, would
be subject to an overall limit of 90% as notified by the Department of Revenue.
Accelerated depreciation for computers and computer peripherals for all types
of electronic units would be as follows:
10% for every quarter in the first year,
8% for every quarter in the 2nd year,
7% for every quarter in the3rd year, and
5% for every quarter in the 4th year and thereafter.
For capital goods, other than computers and computer peripherals the
depreciation rate would be as follows:
4% for every quarter in the first year.
3% for every quarter in the second year
3% for every quarter in the third year
2.5% for every quarter in the fourth year and thereafter.