Export Import Policy & DGFT matters
matters || Central Excise matters ||
Shipping and Logistics Information
ieport.com - India's Premier portal on EXIM matters
Sub: Debonding of Capital Goods from the EOU /EPZ / EHTP / STP Units.
I am directed to refer to Board's Circular No. 27/98-Cus issued from F.
No. 314/19/94-FTT dated 21.4.98. It has been provided in para 4 of the
above said Circular that the depreciation for capital goods other than
computers, at the following rates may be allowed:
For every quarter in the 2nd year - 3%
For every quarter in the 3rd year - 3%
For every quarter in the 4th year - 2.5%
For every quarter in the 5th year - 2%
subject to a maximum of 75%
issue has been re-examined by the Board and it has been decided to revise
the depreciation norms for the capital goods other than computers and computer
peripherals, to 90% with the following stipulations:
5. The above may be given a wide publicity by issue of Public Notice. Cases already decided may not be reopened.