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of <h1>New Depreciation Method for Capital Goods Transferred from Free Trade Zones to Domestic Tariff Areas Announced.</h1> The circular outlines the method for calculating depreciation on capital goods when assessed for duty transfer from Free Trade Zones or 100% Export Oriented Units to the Domestic Tariff Area. Depreciation rates are set similarly to those for used cars, with specific rates for each year: 4% per quarter in the first year, 3% in the second, 2.5% in the third, and 2% from the fourth year onward, capped at 70%. Depreciation is allowed only for goods used within the zone for at least three years or those fulfilling export obligations, with no depreciation for units debonded prematurely.
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