Useful life of forklift

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Querist : Anonymous

Querist : Anonymous (Querist)

16 February 2018 PLEASE LET ME KNOW THE USEFUL LIFE OF FORKLIFT

Arpit (Expert)
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16 February 2018 there is no written useful life of a forklift but it generally lasts 4-5 years (say 10000 hrs considering 8 hrs working per day)

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Querist : Anonymous

Querist : Anonymous (Querist)

16 February 2018 IT MEANS USEFUL LIFE FOR DEPRECIATION AS PER COMPANIES ACT WILL BE 5 YEARS

Arpit (Expert)
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16 February 2018 as per companies act it shall be 15 yrs

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