Nature of Assets

Useful Life

(Years)

Depreciation Rates

SLM%

WDV%

I

Buildings [NESD]

(a)

Building (other   than factory buildings)   RCC Frame Structure

60

1.58

4.87

(b)

Building (other than factory buildings) other than RCC Frame Structure

30

3.17

9.50

(c)

Factory buildings

30

3.17

9.50

(d)

Fences, wells, tube wells

5

19.00

45.07

(e)

Other (including temporary structure, etc.)

3

31.67

63.16

II

Bridges, culverts, bunkers, etc. [NESD]

30

3.17

9.50

III

Roads [NESD]

(a)

Carpeted Roads

(i)

Carpeted Roads – RCC

10

9.50

25.89

(ii)

Carpeted Roads – other than RCC

5

19.00

45.07

(b)

Non-carpeted roads

3

31.67

63.16

IV

Plant and Machinery

(i)

General rate applicable to Plant and Machinery not covered under Special Plant and Machinery

(a)

Plant and   Machinery other than   continuous process plant not covered under specific industries [NESD]

15

6.33

18.10

(b)

Continuous process plant for which no special rate has been prescribed under (ii) below [NESD]

25

11.88

31.23

(ii)

Special Plant and Machinery

(a)

Plant and Machinery related to production and exhibition of Motion Picture Films

1. Cinematograph films—Machinery used in the production and exhibition of cinematograph films, recording and reproducing equipments, developing machines, printing machines, editing machines, synchronizers and studio lights except bulbs

13

7.31

20.58

2. Projecting equipment for exhibition of films

13

7.31

20.58

(b)

Plant and Machinery used in glass manufacturing

1. Plant and Machinery except direct fire glass melting furnaces —Recuperative and regenerative glass melting furnaces

13

7.31

20.58

2. Plant and Machinery except direct fire glass melting furnaces —Moulds [NESD]

8

11.88

31.23

3. Float Glass Melting Furnaces [NESD]

10

9.50

25.89

(c)

Plant and Machinery used in mines and quarries—Portable underground machinery and earth moving machinery used in open cast mining [NESD]

8

11.88

31.23

(d)

Plant and Machinery used in Telecommunications [NESD]

1. Towers

18

5.28

15.33

2. Telecom transceivers, switching   centres, transmission and other network equipment

13

7.31

20.58

3. Telecom – Ducts, Cables and optical fibre

18

5.28

15.33

4. Satellites

18

5.28

15.33

(e)

Plant and Machinery used in exploration, production and refining oil and gas [NESD]

1. Refineries

25

3.80

11.29

2. Oil and gas assets (including wells), processing plant and facilities

25

3.80

11.29

3. Petrochemical Plant

25

3.80

11.29

4. Storage tanks and related equipment

25

3.80

11.29

5. Pipelines

30

3.17

9.50

6. Drilling Rig

30

3.17

9.50

7. Field operations (above ground) Portable boilers, drilling tools, well-head tanks, etc.

8

11.88

31.23

8. Loggers

8

11.88

31.23

(f )

Plant and Machinery used in generation, transmission and distribution of power [NESD]

1. Thermal/ Gas/ Combined Cycle Power Generation Plant

40

2.38

7.22

2. Hydro Power Generation Plant

40

2.38

7.22

3. Nuclear Power Generation Plant

40

2.38

7.22

4. Transmission lines, cables and other network assets

40

2.38

7.22

5. Wind Power Generation Plant

22

4.32

12.73

6. Electric Distribution Plant

35

2.71

8.20

7. Gas Storage and Distribution Plant

30

3.17

9.50

8. Water Distribution Plant including pipelines

30

3.17

9.50

(g)

Plant and Machinery used in manufacture of steel

1. Sinter Plant

20

4.75

13.91

2. Blast Furnace

20

4.75

13.91

3. Coke Ovens

20

4.75

13.91

4. Rolling mill in steel plant

20

4.75

13.91

5. Basic oxygen Furnace Converter

25

3.80

11.29

(h)

Plant and Machinery used in manufacture of non-ferrous metals

1. Metal pot line [NESD]

40

2.38

7.22

2. Bauxite crushing and grinding section [NESD]

40

2.38

7.22

3. Digester Section [NESD]

40

2.38

7.22

4. Turbine [NESD]

40

2.38

7.22

5. Equipments for Calcination [NESD]

40

2.38

7.22

6. Copper Smelter [NESD]

40

2.38

7.22

7. Roll Grinder

40

2.38

7.22

8. Soaking Pit

30

3.17

9.50

9. Annealing Furnace

30

3.17

9.50

10. Rolling Mills

30

3.17

9.50

11. Equipments for Scalping, Slitting , etc. [NESD]

30

3.17

9.50

12. Surface Miner, Ripper Dozer, etc., used in mines

25

3.80

11.29

13. Copper refining plant [NESD]

25

3.80

11.29

(i)

Plant and Machinery used in medical and surgical operations [NESD]

1. Electrical Machinery, X-ray and electrotherapeutic apparatus and accessories thereto, medical, diagnostic equipments, namely, Cat-scan, Ultrasound Machines, ECG Monitors, etc.

13

7.31

20.58

2. Other Equipments.

15

6.33

18.10

(j)

Plant and Machinery used in manufacture of pharmaceuticals and chemicals [NESD]

1. Reactors

20

4.75

13.91

2. Distillation Columns

20

4.75

13.91

3. Drying equipments/Centrifuges and Decanters

20

4.75

13.91

4. Vessel/storage tanks

20

4.75

13.91

(k)

Plant and Machinery used in civil construction

1. Concreting, Crushing, Piling Equipments and Road Making Equipments

12

 7.92

 22.09

2. Heavy Lift Equipments—

-Cranes with capacity of more than 100 tons

20

4.75

13.91

-Cranes with capacity of less than 100 tons

15

6.33

18.10

3. Transmission line, Tunneling Equipments [NESD]

10

9.50

25.89

4. Earth-moving equipments

9

10.56

28.31

5. Others including Material Handling /Pipeline/Welding Equipments [NESD]

12

7.92

22.09

(l)

Plant and Machinery used in salt works [NESD]

15

6.33

18.10

V.

Furniture and fittings [NESD]

(i)

General furniture and fittings

10

9.50

25.89

(ii)

Furniture and fittings used in hotels, restaurants and boarding houses, schools, colleges and other educational institutions, libraries; welfare centres; meeting halls, cinema houses; theatres and circuses; and furniture and fittings let out on hire for use on the occasion of marriages and similar functions.

8

11.88

31.23

VI.

Motor Vehicles [NESD]

1

Motor cycles, scooters and other mopeds

10

9.50

25.89

2

Motor buses, motor lorries, motor cars and motor taxies used in a business of running them on hire

6

15.83

39.30

3

Motor buses, motor lorries and motor cars other than those used in a business of running them on hire

8

11.88

31.23

4

Motor tractors, harvesting combines and heavy vehicles

8

11.88

31.23

5

Electrically operated vehicles including battery powered or fuel cell powered vehicles

8

11.88

31.23

VII

Ships [NESD]

Ocean-going ships

(i)

Bulk Carriers and liner vessels

25

3.80

11.29

(ii)

Crude tankers, product carriers and easy chemical carriers with or without conventional tank coatings.

20

4.75

13.91

(iii)

Chemicals and Acid Carriers:

(a) With Stainless steel tanks

25

3.80

11.29

(b) With other tanks

20

4.75

13.91

(iv)

Liquified gas carriers

30

3.17

9.50

(v)

Conventional large passenger vessels which are used for cruise purpose also

30

3.17

9.50

(vi)

Coastal service ships of all categories

30

3.17

9.50

(vii)

Offshore supply and support vessels

20

4.75

13.91

(viii)

Catamarans and other high speed passenger for ships or boats

20

4.75

13.91

(ix)

Drill ships

25

3.80

11.29

(x)

Hovercrafts

15

6.33

18.10

(xi)

Fishing vessels with wooden hull

10

9.50

25.89

(xii)

Dredgers, tugs, barges, survey launches and other similar ships used mainly for dredging purposes

14

6.79

19.26

2.

Vessels ordinarily operating on inland waters—

(i)

Speed boats

13

7.31

20.58

(ii)

Other vessels

28

3.39

10.15

VIII.

Aircrafts or Helicopters [NESD]     

20

4.75

13.91

IX.

Railways sidings, locomotives, rolling stocks, tramways and railways used by concerns, excluding railway concerns [NESD]

15

6.33

18.10

X.

Ropeway structures [NESD]  

15

6.33

18.10

XI.

Office equipment [NESD]      

5

19.00

45.07

XII.

Computers and data processing units [NESD]

(i)

Servers and networks

6

15.83

39.30

(ii)

End user devices, such as, desktops, laptops, etc.

3

31.67

63.16

XIII.

Laboratory equipment [NESD]

(i)

General laboratory equipment

10

9.50

25.89

(ii)

Laboratory equipments used in educational institutions

5

19.00

45.07

XIV.

Electrical Installations and Equipment [NESD]

10

9.50

25.89

XV.

Hydraulic works, pipelines and sluices [NESD]      

15

6.33

18.10