Depreciation rate of polyhouse
Rijo John (audit manager) (447 Points)
13 December 2022
what is the depreciation rate of polyhouse
Yasaswi Gomes new
(Finance )
(4492 Points)
Replied 14 December 2022
If the life of the polyhouse is less than 3 yeas, depreciation wdv is 63,16%. Normal staraight line is
Cost-scrap value/no of years/cost of asset =% i have taken it as other depreciation and im not sure if it falls under factory or not
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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