PARA 7.33.7
- Document type
- Procedure
- Reference no.
- 07
- Dated
Depreciation norms for Capital goods
7.33.7
For capital goods, other than the above, the depreciation rate would be as follows:-
4% for every quarter in the first year;
3% for every quarter for the second and thrid year;
2.5% for every quarter for the fourth and fifth year; and
2% for every quarter thereafter.
For capital goods, other than the above, the depreciation rate would be as follows:-
4% for every quarter in the first year;
3% for every quarter for the second and thrid year;
2.5% for every quarter for the fourth and fifth year; and
2% for every quarter thereafter.