Depreciation Chart Under Companies Act

Rates of Depreciation Under Companies Act

Nature of AssetsUseful Life
I  Buildings [NESD] 
(a) Building (other than factory buildings) RCC Frame Structure60 Years
(b) Building (other than factory buildings) other than RCC Frame Structure30 Years
(c) Factory buildings30 Years
(d) Fences, wells, tube wells5 Years
(e) Other (including temporary structure, etc.)3 Years
II Bridges, culverts, bunkers, etc. [NESD]30 Years
III Roads [NESD] 
(a) Carpeted Roads 
     (i) Carpeted Roads – RCC
     (ii) Carpeted Roads – other than RCC
10 Years
5 Years
(b) Non-carpeted roads3 Years
IV Plant and Machinery 
(a) General rate applicable to Plant and Machinery not covered under Special Plant and Machinery 
     (i) Plant and Machinery other than continuous process plant not covered under specific15 Years
     (ii) Continuous process plant for which no special rate has been prescribed under (ii) below8 Years
(b) Special Plant and Machinery 
     (i) 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 equipment’s, developing machines, printing machines, editing machines, synchronizers and studio lights15 Years
          2. Projecting equipment for exhibition of films8 Years
     (ii) Plant and Machinery used in glass13 Years
          1. Plant and Machinery except direct fire glass melting furnaces – Recuperative and regenerative glass melting furnaces13 Years
          2. Plant and Machinery except direct fire glass melting furnaces – Moulds [NESD]8 Years
          3. Float Glass Melting Furnaces [NESD]10 Years
     (iv) Plant and Machinery used in Telecommunications [NESD] 
          1. Towers18 Years
          2. Telecom transceivers, switching centres, transmission and other network equipment13 Years
          3. Telecom – Ducts, Cables and optical fibre18 Years
          4. Satellites18 Years
     (v) Plant and Machinery used in exploration, production and refining oil and gas [NESD] 
          1. Refineries25 Years
          2. Oil and gas assets (including wells), processing plant and facilities25 Years
          3. Petrochemical Plant25 Years
          4. Storage tanks and related equipment25 Years
          5. Pipelines30 Years
          6. Drilling Rig30 Years
          7. Field operations (above ground) Portable boilers, drilling tools, well-head tanks, etc.8 Years
          8. Loggers8 Years
     (vi) Plant and Machinery used in generation, transmission and distribution of power [NESD] 
          1. Thermal / Gas / Combined Cycle Power Generation Plant40 Years
          2.  Hydro Power Generation Plant40 Years
          3.  Nuclear Power Generation Plant40 Years
          4.  Transmission lines, cables and other network assets40 Years
          5.  Wind Power Generation Plant22 Years
          6.  Electric Distribution Plant35 Years
          7.  Gas Storage and Distribution Plant30 Years
          8.  Water Distribution Plant including pipelines30 Years
     (vii) Plant and Machinery used in manufacture of 
          1 Sinter Plant20 Years
          2 Blast Furnace20 Years
          3 Coke Ovens20 Years
          4 Rolling mill in steel plant20 Years
          5 Basic Oxygen Furnace Converter25 Years
     (viii) Plant and Machinery used in manufacture of non-ferrous metals 
          1 Metal pot line [NESD]40 Years
          2 Bauxite crushing and grinding section40 Years
          3 Digester Section [NESD]40 Years
          4 Turbine [NESD]40 Years
          5 Equipments for Calcinations [NESD]40 Years
          6 Copper Smelter [NESD]40 Years
          7 Roll Grinder40 Years
          8 Soaking Pit30 Years
          9 Annealing Furnace30 Years
          10 Rolling Mills30 Years
          11 Equipments for Scalping, Slitting, etc. [NSED]30 Years
          12 Surface Miner, Ripper Dozer, etc. used in mines 
          13 Copper refining plant [NSED]25 Years
     (ix) 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.25 Years
          2 Other Equipments13 Years
     (x) Plant and Machinery used in manufacture of pharmaceuticals and chemicals [NESD] 
          1 Reactors20 Years
          2 Distillation Columns20 Years
          3 Drying equipments / Centrifuges and Decanters20 Years
          4 Vessel / Storage tanks20 Years
     (xi) Plant and Machinery used in civil construction 
          1 Concreting, Crushing, Piling Equipments and Road Making Equipments12 Years
          2 Heavy Lift Equipments –20 Years
                    – Cranes with capacity more than 100 tons
                    – Cranes with capacity less than 100 tons
20 Years
15 Years
          3 Transmission line, Tunnelling Equipments [NESD]10 Years
          4 Earth-moving equipments9 Years
          5 Others including Material Handling / Pipeline / Welding Equipments [NESD]12 Years
     (xii) Plant and Machinery used in salt works [NESD]15 Years
V Furniture and fittings [NESD] 
     (a) General furniture and fittings10 Years
     (b) Furniture and fittings used in hotels, restaurants and boarding houses, schools, colleges and other education institutions, libraries, welfare centres, meeting halls, cinema houses, theatres and circuses and furniture and fittings let out on hire for used on occasion of marriages and similar functions8 Years
VI Motor Vehicles [NESD] 
     (a) Motor cycles, scooters and other mopeds10 Years
     (b) Motor buses, motor lorries, motor cars and motor taxies used in a business of running them on hire6 Years
     (c) Motor buses, motor lorries, motor cars and motor taxies other than those used in a business of running them on8 Years
     (d) Motor tractors, harvesting combines and heavy vehicles8 Years
     (e) Electrically operated vehicles including battery powered or fuel cell powered vehicles8 Years
VII Ships [NESD] 
     (a) Ocean-going ships 
          (i) Bulk Carriers and liner vessels25 Years
          (ii) Crude tankers, product carriers and easy chemical carriers with or without conventional20 Years
          (iii) Chemicals and Acid Carriers 
                    1 With Stainless steel tanks25 Years
                    2 With other tanks20 Years
          (iv) Liquefied gas carriers30 Years
          (v) Conventional large passenger vessels which are used for cruise purpose also30 Years
          (vi) Coastal service ships of all categories30 Years
          (vii) Offshore supply and support vessels20 Years
          (viii) Catamarans and other high speed passenger for ships or boats20 Years
          (ix) Drill ships 
          (x) Hovercrafts25 Years
          (xi) Fishing vessels with wooden hull15 Years
          (xii) Dredgers, tugs, barges, survey launches and other similar ships used mainly for dredging10 Years
     (b) Vessels ordinarily operating on inland waters 
          (i) Speed boats13 Years
          (ii) Other vessels28 Years
VIII Aircrafts or Helicopters [NESD]20 Years
IX Railway siding, locomotives, rolling stocks, tramways and railway used by concerns, excluding railway15 Years
X Ropeway structures [NESD]15 Years
XI Office equipments [NESD]5 Years
XII Computers and data processing units [NESD] 
     (a) Servers and networks6 Years
     (b) End user devices, such as, desktops, laptops, etc3 Years
XIII Laboratory equipment [NESD] 
     (a) General laboratory equipment10 Years
     (b) Laboratory equipments used in education institutions5 Years
XIV Electrical Installations and Equipment [NESD]10 Years
XV Hydraulic woks, pipelines and sluices [NESD]15 Years