Depreciation Rates under Companies Act

RATES OF DEPRECIATION calculate on fixed assets

 _______________________________________________________
   Single Shift  Double Shift  Triple Shift           Nature of Assets             
                                   WDV    SLM    WDV    SLM 
  _________________________________________________________
I   BUILDINGS
(a)  Buildings(Other than         5.00    1.63               
    factory Buildings) [NSED]
(b)  FACTORY BUILDINGS            10.00   3.34                     
(c)  Purely Temporary Erections   100     100                      
    such as wooden structures.
II  PLANT AND MACHINERY
(i)   General rate applicable to
(a)  plant & machinery (not       13.91   4.75 20.87  7.42   27.82   10.34
being a ship) other than
continuous process plant for which no special rate has been prescribed under (ii) below
(b)  continuous process plant,    15.33   5.28
    2[***] for which no special
    rate has been prescribed
    under (ii) below [NSED]
(ii)Special Rate
A.  1. Cinematography films-     20.00   7.07      
    Machinery Used in the
    production and Exhibition
    of cinematography Films[NSED]
a.   Recording equipment,        
    reproducing Equipment,
    developing machines Printing       
    machines, editing Machines,
    synchronisers and Studio
    lights excepts bulb
b.   Projecting equipment of     
    Film exhibiting concerns
2     Cycles [NSED]                20.00   7.07
3     Electrical machinery, X-ray  20.00   7.07
    and electro-therapeutic
    apparatus and accessories
    thereto medical, diagnostic
    equipment, namely cat-scan,
    ultrasound machines, ECG
    monitors, etc.[NSED]
4     Juice boiling pans (karhais) 20.00  7.07
       [NSED]
5     Motor-cars, motor-cycles,    25.89  9.5 
scooters & other mopeds[NSED]
6     Electrically operated        20.00  7.07
    vehicles including battery 
powered vehicles [NSED]
7     Sugarcane crushers(indigen-  20.00  7.07 
Ous kolhus & beans) [NSED]
8     Glass manufacturing concerns 20.00  7.07  30.00  11.31  40.00  16.21
except direct fire glass
melting furnaces-
Recuperative and regenerative
glass melting furnaces
9     Machinery used in the        15.62  5.38  23.42  8.46   31.23  11.87
manufacture of electronic
goods and components
   B.1 [Aeroplanes, aero engines,   16.2   5.6    
       simulators, Visual System
       and quick engine change
       Equipment [NSED]
2     Concrete pipes manufacture-  30.00  11.31           
Moulds [NSED]
3     Drum containers manufacture- 30.00  11.31  
Moulds [NSED]
4     Earth-moving machinery       30.00  11.31
    employed in heavy construction
    works, such as dams, tunnels,
    canals, etc. [NSED]
5     Glass manufacturing concerns 30.00  11.31
    except direct fire glass
    melting furnaces-Moulds      30.00  11.31
    [NSED]
6     Moulds in iron foundries     30.00  11.31
    [NSED]
7     Mineral oil concerns-Field   30.00  11.31
    operations(above ground)-   
    Portable boilers, drilling
    tools, well-head tanks,
    rigs, etc.[NSED]
8     Mines and quarries-Portable 30.00  11.31
    underground machinery and
    earth-moving machinery used
    in open caste mining[NSED]
9     Motor buses and motor        30.00  11.31
    lorries other than those
    used in a business of
    running them on hire[NSED]
9A  Motor tractors, harvesting   30.00  11.31
    combines[NSED]
10   Patterns, dies and           30.00  11.31
    templates[NSED]
11   Ropeway structures-Ropeways, 30.00  11.31
    ropes and trestle sheaves
    and connected parts[NSED]
12   Shoe and other leather goods 30.00  11.31  45.00 18.96  60.00  29.05
    fabrics-Wooden lasts used in
    the manufacture of shoes
C.   1. [** ** **]                40.00  16.21  
2.   Motor buses, motor lorries   40.00  16.21
    and motor taxis used in
    a business of running
    them on hire [NESD]
3.   Rubber and plastic goods     40.00  16.21
    factories-Moulds[NESD]
4.   Data processing machines
    including computers[NESD]
5.   Gas cylinders including      40.00  16.21
    valves and regulators[NESD]
D.  1.Artificial silk             100    100
    manufacturing machinery
    with Wooden parts
2.   Cinematograph films-Bulbs    100    100    
    of studio lights
3.   Flour mills-Rollers          100    100
4.   Glass manufacturing          100    100
    concerns-Direct fire glass
    Melting Furnaces
4A. Flot Glass Melting Furnaces 27.00  10.00
    (NESD)
5.   Iron and Steel industries-   100    100
    Rolling mill rolls
6.   Match factories-Wooden       100    100
    match frames
7.   Mineral oil concerns- (a)    100    100
    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 operation
    distribution) Kerbsides pumps
    including underground tanks
    & fittings
8.   Mines And Querries           100    100
9.   a. Tubs, winding ropes,      100    100
    haulage ropes and sand
    Stowing pipes
    b  Safety Lamps
10.  Salt works-Salt pans,        100    100
    reservoirs and condensers
    Etc. made of earthy, sandy
    or clay material or Any
    other similar material
11.  Sugar works-Rollers          100    100
   
III FURNITURE AND FITTINGS
1     General Rates [NESD]         18.1   6.33
2     Rate for furniture & fittings
    used in hotels, restaurants
    and boarding houses; schools,
    colleges and other educational
    institutions, libraries; welfare
    centers meeting halls, cinema
    houses, theatres and circuses;
    and for furniture and fittings
    let out on hire for use on
    occasion of marriages and
    similar functions [NESD]     25.88   9.5
IV  SHIPS
1.   Ocean-going ships            27.05   10.00                       
i)   Fishing vessels with
    wooden hull [NESD]
ii) Dredgers, tugs, barges,      19.8    7.00
    survey launches and Other
    similar ships used mainly
    for dredging Purposes [NESD]
iii)Other ships [NESD]           14.6    5.00
2.  Vessels ordinarily operating
    on inland waters-               
i)   Speed boats [NSED]           20.00   7.07
ii)  Other vessels [NESD]         10.00   3.34

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