7/24/2019 Depriciation Rates as per Companies Act

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RATES OF DEPRECIATION UNDER COMPANIES ACT

SCHEDULE XIV

[See sections 250 and 350]

RATES OF DEPRECIATION

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Single Si!t Do"#le Si!t T$i%le Si!tNat"$e o! Assets &&&&&&&&&&&& &&&&&&&&&&&& &&&&&&&&&&&&

'D( S)* 'D( S)* 'D( S)*

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I BUILDINGS

(a) +"ildings,Ote$ tan 5-00 .-/3!acto$ +"ildings1 [NSED]

(b) FACTOR +I)DIN4S .0-00 3-3(c) P"$el Te6%o$a$ E$ections .00 .00

s"c as 7ooden st$"ct"$es-

II PLANT AND MACHINERY

(i) 4ene$al $ate a%%lica#le to

(a) %lant 8 6acine$ ,not .3-9. -:5 20-;: :-2 2:-;2 .0-3

#eing a si%1 ote$ tancontin"o"s %$ocess %lant!o$ 7ic no s%ecial $ateas #een %$esc$i#ed "nde$,ii1 #elo7

(b) contin"o"s %$ocess %lant< .5-33 5-2;2[===] !o$ 7ic no s%ecial$ate as #een %$esc$i#ed"nde$ ,ii1 #elo7 [NSED]

,ii1S%ecial Rate

A. .- Cine6atog$a% !il6s& 20-00 :-0:*acine$ sed in te%$od"ction and E>i#ition

o! cine6atog$a% Fil6s[NSED]

a. Reco$ding e?"i%6entce%t di$ect !i$e glass6elting !"$naces&Rec"%e$ati@e and $egene$ati@eglass 6elting !"$naces

9 *acine$ "sed in te .5-/2 5-3; 23-2 ;-/ 3.-23 ..-;:

6an"!act"$e o! elect$onicgoods and co6%onents

+-. [Ae$o%lanes< ae$o engines< ./-2 5-/si6"lato$s< (is"al Sste6and ?"ic engine cangeE?"i%6ent [NSED]

2 Conc$ete %i%es 6an"!act"$e& 30-00 ..-3.*o"lds [NSED]

3 D$"6 containe$s 6an"!act"$e& 30-00 ..-3.

*o"lds [NSED]

4 Ea$t&6o@ing 6acine$ 30-00 ..-3.

e6%loed in ea@ const$"ction7o$s< s"c as da6s< t"nnelsce%t di$ect !i$e glass6elting !"$naces&*o"lds 30-00 ..-3.

[NSED]

6 *o"lds in i$on !o"nd$ies 30-00 ..-3.

[NSED]

7 *ine$al oil conce$ns&Field 30-00 ..-3.

o%e$ations,a#o@e g$o"nd1&Po$ta#le #oile$s< d$illingtools< 7ell&ead tanst$a si!t de%$eciation sall not #e ca$ged in $es%ect o! an ite6 o! 6acine$ o$%lant 7ic as #een s%eci!icall< e>ce%ted # te insc$i%tion o! te lette$s HNESD ,6eaningHno e>t$a si!t de%$eciation1 against it an s"#&ite6s a#o@e and also in $es%ect o! te !ollo7ingite6s o! 6acine$ and %lant to 7ic gene$al $ate o! de%$eciation o! :[.3-9.] %e$ cent a%%lies&

1. Acco"nting 6acines-2. Ai$&conditioning 6acine$ incl"ding $oo6 ai$&conditione$s-3. +"ilding cont$acto$Js 6acine$-4. Calc"lating 6acines-5. Elect$ical 6acine$&s7itcgea$ and inst$"6ents< t$ans!o$6e$s and ote$ stationa$ %lant

and 7i$ing and !itting o! elect$ic ligt and !ans installation-6. Ld$a"lic 7o$s %i%elines and sl"ices-7. )oco6oti@es< $olling stocs< t$a67as and $ail7as "sed # conce$ns-8. *ine$al oil conce$ns& !ield o%e$ationsK

(a) ;[===](b) P$i6e 6o@e$s(c) ;[===](d) Sto$age tans ,a#o@e g$o"nd1

(e) Pi%elines ,a#o@e g$o"nd1(f) etties 8 d$ docs

9. *ine$al oil conce$ns&!ield o%e$ations ,dist$i#"tion1&e$#side %"6%s< incl"ding "nde$g$o"ndtans and !ittings-

10. *ine$al oil conce$ns&$e!ine$iesKa) 9[===]b)P$i6e *o@e$sc) 9[===]d))P4 Plant

..- *ines and ?"e$$iesK

7/24/2019 Depriciation Rates as per Companies Act

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a) S"$!ace and "nde$g$o"nd 6acine$ ,ote$ tan elect$ical 6acine$ and %o$ta#le"nde$g$o"nd 6acine$1

b) Lead&gea$sc) 9[===]d) Sa!ts and inclinese) T$a67a on s"$!ace11. Neo %ost !$aning 6acine12. O!!ice 6acine$13. O@e$ead ca#les and 7i$es-14. Rail7a sidings-15. Re!$ige$ation %lant containe$< etc ,ote$ tan $acs1-16. Ro%e7a st$"ct"$eKa) T$estle and station steel 7o$-b) D$i@ing and tention gea$ing-17. Salt 7o$s&Rese$@oi$s< condense$s< salt %ans< deli@e$ cannels and %ie$s i!

const$"cted o! 6ason$< conc$ete< ce6ent< as%alt o$ si6ila$ 6ate$ials #a$ges and!loating %lant %ie$s< ?"as and etties and %i%elines !o$ con@eing #$ine i! const$"cted o!6ason$< conc$ete ce6ent< as%alt o$ si6ila$ 6ate$ials-

18. S"$gical inst$"6ents-19. T$a67as elect$ic and T$a67as $"n # inte$nal co6#"stion engines&%e$6anent 7asK

ca$s&ca$ t$"cs< ca$ #odies< elect$ical e?"i%6ent and 6oto$s t$a6 ca$s incl"ding enginesand gea$s-

20. T%e7$ite$s-21. 'eiging 6acines22. 'i$eless a%%a$at"s and gea$< 7i$eless a%%liances and accesso$ies-23. [===]

:- Contin"o"s %$ocess %lant 6eans a %lant 7ic is $e?"i$ed and designed to o%e$ate2 o"$s a da-

;- Not7itstanding anting 6entioned in tis Sced"le< de%$eciation on assets< 7ose act"alcost does not e>ceed !i@e to"sand $"%ees< sall #e %$o@ided at te $ate o! "nd$ed%e$centK

P$o@ided tat 7e$e te agg$egate act"al cost o! indi@id"al ite6s o! %lant and 6acine$costing Rs- 5