Depreciation rates & Due dates as per Companies Act, F.Y. 2012-13, A.Y. 13-14 & 14-15
Rates of Depreciation, as per Companies Act, 1956 & Companies Bill, 2013-
Nature of assets
| Single Shift
| Double Shift
| Triple Shift
| ||||
|---|---|---|---|---|---|---|---|
WDV
| SLM
| WDV
| SLM
| WDV
| SLM
| ||
1
| 2
| 3
| 4
| 5
| 6
| 7
| |
I. (a)
| BUILDINGS (other than factory buildings) [NESD]
| 5%
| 1.63%
| ..
| ..
| ..
| ..
|
(b)
| FACTORY BUILDINGS
| 10%.
| 3.34%
| ..
| ..
| ..
| ..
|
(c)
| PURELY TEMPORARY ERECTIONS such as wooden structures
| 100%
| 100%
| ..
| ..
| ..
| ..
|
II. PLANT AND MACHINERY
| |||||||
1[(i) General rate applicable to,
| |||||||
(a) plant and machinery (not being a ship) other than continuous process plant for which no special rate has been prescribed under (ii) below
| 13.91%
| 4.75%
| 20.87%
| 7.42%
| 27.82%
| 10.34%
| |
(b)continuous process plant, 2[* * *] for which no special rate has been prescribed under (ii) below [NESD]
| 15.33%
| 5.28%
| ..
| ..
| ..
| ..]
| |
(ii) Special rates
| |||||||
A.1.Cinematograph films Machinery used in the production and exhibition of cinematograph films [NESD]
| 20%
| 7.07%
| ..
| ..
| ..
| ..
| |
(a) Recording equipment, reproducing equipment, developing machines, printing machines, editing machines, synchronisers and studio lights except bulbs
| |||||||
(b) Projecting equipment of film exhibiting concerns
| |||||||
2. Cycles [NESD]
| |||||||
3[3. Electrical machinery, X-ray and electro-therapeutic apparatus and accessories thereto, medical, diagnostic equipments, namely, cat-scan, ultrasound machines, ECG monitors, etc. [NESD]
| 20%
| 7.07%
| ..
| ..
| ..
| ..
| |
4. Juice boiling pans (karhais) [NESD]
| 20%
| 7.07%
| ..
| ..
| ..
| ..
| |
5. Motor-cars, motor-cycles, scooters and other mopeds [NESD]
| 25.89%
| 9.50%
| ..
| ..
| ..
| ..
| |
6. Electrically operated vehicles including battery powered or fuel cell powered vehicles [NESD]
| 20%
| 7.07%
| ..
| ..
| ..
| ..
| |
7. Sugarcane crushers (indigenous kolhus and belans) [NESD]
| 20%
| 7.07%
| ..
| ..
| ..
| ..
| |
8. Glass manufacturing concerns except direct fire glass melting furnaces Recuperative and regenerative glass melting furnaces
| 20%
| 7.07%
| 30%
| 11.31%
| 40%
| 16.21%
| |
9. Machinery used in the manufacture of electronic goods and components
| 15.62%
| 5.38%
| 23.42%
| 8.46%
| 31.23%
| 11.87%]
| |
B. 1. 4[Aeroplanes, aero engines, simulators, visual system and quick engine change equipment [NESD]
| 16.20%
| 5.6%]
| |||||
2. Concrete pipes manufacture Moulds [NESD]
| 30%
| 11.31%
| ..
| ..
| ..
| ..
| |
3. Drum containers manufacture Moulds [NESD]
| |||||||
4. Earth-moving machinery employed in heavy construction works, such as dams, tunnels, canals, etc. [NESD]
| |||||||
5. Glass manufacturing concerns except direct fire glass melting furnaces Moulds [NESD]
| |||||||
6. Moulds in iron foundries [NESD]
| |||||||
7. Mineral oil concerns Field operations (above ground),Portable boilers, drilling tools, well-head tanks, rigs, etc. [NESD]
| |||||||
8. Mines and quarriesPortable underground machinery and earth-moving machinery used in open cast mining [NESD]
| |||||||
9. Motor buses and motor lorries other than those used in a business of running them on hire [NESD]
| |||||||
9A. Motor tractors, harvesting combines [NESD]
| |||||||
10. Patterns, dies and templates [NESD]
| |||||||
11. Ropeway structuresRopeways, ropes and trestle sheaves and connected parts [NESD]
| |||||||
12. Shoe and other leather goods fabrics Wooden lasts used in the manufacture of shoes
| 30%
| 11.31%
| 45%
| 18.96%
| 60%
| 29.05%
| |
C. 1. 5[** ** **]
| |||||||
2. Motor buses, motor lorries and motor taxis used in a business of running them on hire [NESD]
| 40%
| 16.21%
| ..
| ..
| ..
| ..
| |
3. Rubber and plastic goods factories Moulds [NESD]
| |||||||
4. Data processing machines including computers [NESD]
| 40%
| 16.21%
| ..
| ..
| ..
| ..
| |
5. Gas cylinders including valves and regulators [NESD]
| |||||||
D. 1. Artificial silk manufacturing machinery with wooden parts
| 100%
| 100%
| ..
| ..
| ..
| ..
| |
2. Cinematograph films Bulbs of studio lights
| |||||||
3. Flour millsRollers
| |||||||
4. Glass manufacturing concerns Direct fire glass melting furnaces
| |||||||
4A. Flot Glass Melting Furnaces (NESD)
| 27%
| 10%
| ..
| ..
| ..
| ..
| |
5. Iron and Steel industries Rolling mill rolls
| 100%
| 100%
| ..
| ..
| ..
| ..
| |
6. Match factories Wooden match frames
| |||||||
7. Mineral oil concerns (a) Plant used in field operations (below ground)Distribution returnable packages; (b) Plant used in field operations (below ground) but not including assets used in field operations (distribution) Kerbside pumps including underground tanks and fittings
| |||||||
8. Mines and quarries
| |||||||
(a) Tubs, winding ropes, haulage ropes and sand stowing pipes
| |||||||
(b) Safety lamps
| |||||||
9. Salt works, Salt pans, reservoirs and condensers, etc., made of earthy, sandy or clay material or any other similar material
| |||||||
10. Sugar worksRollers
| |||||||
III.FURNITURE AND FITTINGS
| |||||||
6[1. General Rates [NESD]
| 18.10%
| 6.33%
| ..
| ..
| ..
| ..
| |
2. Rate for furniture and fittings used in hotels, restaurants and boarding houses; schools, colleges and other education al institutions, libraries; welfare centres; meeting halls, cinema houses; theatres and circuses; and for furniture and fittings let out on hire for use on the occasion of marriages and similar functions [NESD]
| |||||||
IV. SHIPS
| |||||||
1. Ocean-going ships
| 25.88%
| 9.50%
| ..
| ..
| ..
| ..
| |
(i) Fishing vessels with wooden hull [NESD]
| |||||||
(ii) Dredgers, tugs, barges, survey launches and other similar ships used mainly for dredging purposes [NESD]
| 27.05%
| 10%
| ..
| ..
| ..
| ..
| |
(iii) Other ships [NESD]
| 19.80%
| 7%
| ..
| ..
| ..
| ..
| |
2. Vessels ordinarily operating on inland waters
| 14.60%
| 5%
| ..
| ..
| ..
| ..
| |
(i) Speed boats [NESD]
| |||||||
(ii) Other vessels [NESD]
| |||||||
WDV means written down value
| 20%
| 7.07%
| ..
| ..
| ..
| ..
| |
SLM means straight line method
| 10%
| 3.34%
| ..
| ..
| ..
| ..
|
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