Depreciation Rate on Solar Power Plant As per Companies Act 1956
Raman Sapra
nihita jayanthi Naga
(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]
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Raman Sapra
(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
Plz clarify that is this general rate applicable to solar power plant. I am bit confused on this.
Plz clarify. It would be very gud for me if you are having any clarification mentioned by the name solar power plant on the rates of deprecialtion as per Companies Act 1956