Rates of Depreciation (SLM & WDV) under Co. Act

GeneralRates

Double Shift

Triple Shift

Nature ofAssets

UsefulLife

InYears

SLM Rate

WDVRate

SLM Rate

WDVRate

SLM Rate

WDVRate

I

BUILDINGS [NESD]

(a)

Buildings (other than factory buildings)RCC Frame

Structure

60

1.58%

4.87%

-

-

-

-

(b)

Buildings (other than factory buildings)other than RCC Frame Structure

30

3.17%

9.50%

-

-

-

-

(c)

Factory buildings

30

3.17%

9.50%

-

-

-

-

(d)

Fences, wells, tube wells

5

19.00%

45.07%

-

-

-

-

(e)

Others (including temporary structure,etc.)

3

31.67%

63.16%

-

-

-

-

II

BRIDGES, CULVERTS, BUNDERS,ETC. [NESD]

30

3.17%

9.50%

III

ROADS [NESD]

(a)

Carpeted roads

(i) Carpeted Roads-RCC

10

9.50%

25.89%

-

-

-

-

(ii) Carpeted Roads-other than RCC

5

19.00%

45.07%

-

-

-

-

(b)

Non-carpeted roads

3

31.67%

63.16%

-

-

-

-

IV

PLANT AND MACHINERY

General rate applicable to plant andmachinery not covered under specialplant and machinery

(a)

Plant and Machinery other thancontinuous process plant not coveredunder specific industries

15

6.33%

18.10%

9.50%

27.16%

12.66%

36.21%

(b)

continuous process plant for which nospecial rate has been prescribed under(ii) below [NESD]

25

3.80%

11.29%

-

-

-

-

Special Plant and Machinery

(a)

Plant and Machinery related toproduction and exhibition ofMotion Picture Films

-

-

-

-

1. Cinematograph films—Machineryused in the production and exhibitionof cinematograph films, recording andreproducing,equipments, developingmachines, printing machines,editing,machines, synchronizers andstudio lights except bulbs

13

7.31%

20.58%

10.97%

30.87%

14.62%

41.16%

2. Projecting equipment for exhibitionof films

13

7.31%

20.58%

10.97%

30.87%

14.62%

41.16%

(b)

Plant and Machinery used in glassmanufacturing

1. Plant and Machinery except directfire glass melting furnaces —Recuperative and regenerative glassmelting furnaces

13

7.31%

20.58%

10.97%

30.87%

14.62%

41.16%

2. Plant and Machinery except directfire glass

melting furnaces —Moulds [NESD]

8

11.88%

31.23%

-

-

-

-

3. Float Glass Melting Furnaces[NESD]

10

9.50%

25.89%

-

-

-

-

(c)

Plant and Machinery used in mines andquarries—Portable undergroundmachinery and earth moving machineryused in open cast mining [NESD]

8

11.88%

31.23%

-

-

-

-

GeneralRates

Double Shift

Triple Shift

Nature ofAssets

UsefulLife

InYears

SLM Rate

WDVRate

SLM Rate

WDVRate

SLM Rate

WDVRate

(d)

Plant and Machinery used inTelecommunications

[NESD]

1. Towers

18

5.28%

15.33%

-

-

-

-

2. Telecom transceivers,switching centres, transmissionand other network equipment

13

7.31%

20.58%

-

-

-

-

3. Telecom—Ducts, Cables and optical fibre

18

5.28%

15.33%

-

-

-

-

4. Satellites

18

5.28%

15.33%

-

-

-

-

(e)

Plant and Machinery used inexploration, production and refining oiland gas [NESD]

1. Refineries

25

3.80%

11.29%

-

-

-

-

2. Oil and gas assets (includingwells), processing plant and facilities

25

3.80%

11.29%

-

-

-

-

3. Petrochemical Plant

25

3.80%

11.29%

-

-

-

-

4. Storage tanks and related equipment

25

3.80%

11.29%

-

-

-

-

5. Pipelines

30

3.17%

9.50%

-

-

-

-

6. Drilling Rig

30

3.17%

9.50%

-

-

-

-

7. Field operations (above ground)Portable boilers, drilling tools,well-head tanks, etc.

8

11.88%

31.23%

-

-

-

-

8. Loggers

8

11.88%

31.23%

-

-

-

-

(f)

Plant and Machinery used in generation,transmission and distribution of power[NESD]

1. Thermal/ Gas/ Combined CyclePower Generation

Plant

40

2.38%

7.22%

-

-

-

-

2. Hydro Power Generation Plant

40

2.38%

7.22%

-

-

-

-

3. Nuclear Power Generation Plant

40

2.38%

7.22%

-

-

-

-

4. Transmission lines, cables andother network assets

40

2.38%

7.22%

-

-

-

-

5. Wind Power Generation Plant

22

4.32%

12.73%

-

-

-

-

6. Electric Distribution Plant

35

2.71%

8.20%

-

-

-

-

7. Gas Storage and Distribution Plant

30

3.17%

9.50%

-

-

-

-

8. Water Distribution Plant includingpipelines

30

3.17%

9.50%

-

-

-

-

(g)

Plant and Machinery used in manufactureof steel

1. Sinter Plant

20

4.75%

13.91%

7.13%

20.87%

9.50%

27.82%

2. Blast Furnace

20

4.75%

13.91%

7.13%

20.87%

9.50%

27.82%

3. Coke ovens

20

4.75%

13.91%

7.13%

20.87%

9.50%

27.82%

4. Rolling mill in steel plant

20

4.75%

13.91%

7.13%

20.87%

9.50%

27.82%

5. Basic oxygen Furnace Converter

25

3.80%

11.29%

5.70%

16.94%

7.60%

22.59%

(h)

Plant and Machinery used inmanufacture of non- ferrous metals

1. Metal pot line [NESD]

40

2.38%

7.22%

-

-

-

-

2. Bauxite crushing and grindingsection [NESD]

40

2.38%

7.22%

-

-

-

-

3. Digester Section [NESD]

40

2.38%

7.22%

-

-

-

-

4. Turbine [NESD]

40

2.38%

7.22%

-

-

-

-

5. Equipments for Calcination [NESD]

40

2.38%

7.22%

-

-

-

-

6. Copper Smelter [NESD]

40

2.38%

7.22%

-

-

-

-

7. Roll Grinder

40

2.38%

7.22%

3.57%

10.82%

4.76%

14.43%

8. Soaking Pit

30

3.17%

9.50%

4.76%

14.26%

6.34%

19.01%

9. Annealing Furnace

30

3.17%

9.50%

4.76%

14.26%

6.34%

19.01%

10. Rolling Mills

30

3.17%

9.50%

4.76%

14.26%

6.34%

19.01%

11. Equipments for Scalping, Slitting ,etc. [NESD]

30

3.17%

9.50%

-

-

-

-

12. Surface Miner, Ripper Dozer, etc.,used in mines

25

3.80%

11.29%

5.70%

16.94%

7.60%

22.59%

13. Copper refining plant [NESD]

25

3.80%

11.29%

-

-

-

-

GeneralRates

Double Shift

Triple Shift

Nature ofAssets

UsefulLife

InYears

SLM Rate

WDVRate

SLM Rate

WDVRate

SLM Rate

WDVRate

(i)

Plant and Machinery used in medicaland surgical operations [NESD]

1. Electrical Machinery, X-rayand electrotherapeutic apparatusand accessories thereto, medical,diagnostic equipments,

13

7.31%

20.58%

-

-

-

-

2. Other Equipments.

15

6.33%

18.10%

-

-

-

-

(j)

Plant and Machinery used inmanufacture of pharmaceuticals and chemicals [NESD]

1. Reactors

20

4.75%

13.91%

-

-

-

-

2. Distillation Columns

20

4.75%

13.91%

-

-

-

-

3. Drying equipments/Centrifuges andDecanters

20

4.75%

13.91%

-

-

-

-

4. Vessel/storage tanks

20

4.75%

13.91%

-

-

-

-

(k)

Plant and Machinery used in civilconstruction

1. Concreting, Crushing, PilingEquipments and Road

Making Equipments

12

7.92%

22.09%

11.88%

33.14%

15.84%

44.18%

2. Heavy Lift Equipments—

Cranes with capacity of more than100 tons

20

4.75%

13.91%

7.13%

20.87%

9.50%

27.82%

Cranes with capacity of less than100 tons

15

6.33%

18.10%

9.50%

27.16%

12.66%

36.21%

3. Transmission line, TunnelingEquipments [NESD]

10

9.50%

25.89%

-

-

-

-

4. Earth-moving equipments

9

10.56%

28.31%

15.84%

42.47%

21.12%

56.63%

5. Others including Material Handling

/Pipeline/Welding Equipments [NESD]

12

7.92%

22.09%

-

-

-

-

(l)

Plant and Machinery used in salt works [NESD]

15

6.33%

18.10%

-

-

-

-

V

FURNITURE AND FITTINGS[NESD]

(i)

General furniture and fittings

10

9.50%

25.89%

-

-

-

-

(ii)

Furniture and fittings used in hotels,restaurants and boarding houses,schools,colleges and other educationalinstitutions, libraries; welfarecentres;meeting halls, cinema houses; theatresand circuses; and furniture and fittings letout on hire for use on the occasion of marriages and similar functions.

8

11.88%

31.23%

-

-

-

-

VI

MOTOR VEHICLES [NESD]

1. Motor cycles, scooters and othermopeds

10

9.50%

25.89%

-

-

-

-

2. Motor buses, motor lorries, motor cars and motor taxies used in abusiness of running them on hire

6

15.83%

39.30%

-

-

-

-

3. Motor buses, motor lorries and motor cars other than those used in a business of running them on hire

8

11.88%

31.23%

-

-

-

-

4. Motor tractors, harvestingcombines and heavy vehicles

8

11.88%

31.23%

-

-

-

-

5. Electrically operated vehiclesincluding battery powered or fuel cellpowered vehicles

8

11.88%

31.23%

-

-

-

-

GeneralRates

Double Shift

Triple Shift

Nature ofAssets

UsefulLife

InYears

SLM Rate

WDVRate

SLM Rate

WDVRate

SLM Rate

WDVRate

VII

SHIPS [NESD]

1. Ocean-going ships

(i) Bulk Carriers and liner vessels

25

3.80%

11.29%

-

-

-

-

(ii) Crude tankers, product carriers andeasy chemical carriers with or withoutconventional tank coatings.

20

4.75%

13.91%

-

-

-

-

(iii) Chemicals and Acid Carriers:

(a) With Stainless steel tanks

25

3.80%

11.29%

-

-

-

-

(b) With other tanks

20

4.75%

13.91%

-

-

-

-

(iv) Liquified gas carriers

30

3.17%

9.50%

-

-

-

-

(v) Conventional large passenger vessels which are used for cruisepurpose also

30

3.17%

9.50%

-

-

-

-

(vi) Coastal service ships of allcategories

30

3.17%

9.50%

-

-

-

-

(vii) Offshore supply and supportvessels

20

4.75%

13.91%

-

-

-

-

(viii) Catamarans and other high speedpassenger for ships or boats

20

4.75%

13.91%

-

-

-

-

(ix) Drill ships

25

3.80%

11.29%

-

-

-

-

(x) Hovercrafts

15

6.33%

18.10%

-

-

-

-

(xi) Fishing vessels with wooden hull

10

9.50%

25.89%

-

-

-

-

(xii) Dredgers, tugs, barges, survey launches and other similar shipsused mainly for dredging purposes

14

6.79%

19.26%

-

-

-

-

2. Vessels ordinarily operating on inlandwaters—

(i) Speed boats

13

7.31%

20.58%

-

-

-

-

(ii) Other vessels

28

3.39%

10.15%

-

-

-

-

VIII

AIRCRAFTS OR HELICOPTERS [NESD]

20

4.75%

13.91%

-

-

-

-

IX

RAILWAYS SIDINGS, LOCOMOTIVES, ROLLINGSTOCKS, TRAMWAYS AND RAILWAYS USED BY CONCERNS,EXCLUDING RAILWAY CONCERNS [NESD]

15

6.33%

18.10%

-

-

-

-

X

ROPEWAY STRUCTURES [NESD]

15

6.33%

18.10%

-

-

-

-

XI

OFFICE EQUIPMENT [NESD]

5

19.00%

45.07%

-

-

-

-

XII

COMPUTERS AND DATAPROCESSING UNITS [NESD]

(i) Servers and networks

6

15.83%

39.30%

-

-

-

-

(ii) End user devices, such as, desktops,laptops, etc.

3

31.67%

63.16%

-

-

-

-

XIII

LABORATORY EQUIPMENT [NESD]

(i) General laboratory equipment

10

9.50%

25.89%

-

-

-

-

(ii) Laboratory equipments used ineducational institutions

5

19.00%

45.07%

-

-

-

-

XIV

ELECTRICAL INSTALLATIONSAND EQUIPMENT [NESD]

10

9.50%

25.89%

-

-

-

-

XV

HYDRAULIC WORKS, PIPELINESAND SLUICES [NESD]

15

6.33%

18.10%

-

-

-

-