9.35

The depreciation norms for capital goods of units, including electronics, would be subject to an overall limit of 90% as notified by the Department of Revenue.

Accelerated depreciation for computers and computer peripherals for all types of electronic units would be as follows:

10% for every quarter in the first year;

8% for every quarter in the second year;

7% for every quarter in the third year; and

For capital goods, other than computers and computer peripherals, the depreciation rate would be as follows:

4 % for every quarter in the first year;
3 % for every quarter in the second and third year; and
2.5 % for every quarter in the fourth year and thereafter.