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    <title>EOUs/ EPZ Units - CG depreciation norm raised to 90%</title>
    <link>https://www.taxtmi.com/circulars?id=1067</link>
    <description>Revision raises the depreciation ceiling for capital goods other than computers and computer peripherals in EOUs/EPZ/EHTP/STP units to an overall maximum of 90%, while retaining quarterly rates of 4% in the first year, 3% in the second and third years, 2.5% in the fourth year, and thereafter subject to the 90% cap. The Circular modifies the earlier Circular No. 27/98, requires a Public Notice for wide publicity, excludes computers and peripherals from the revised norm, and directs that cases already decided need not be reopened.</description>
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    <pubDate>Fri, 26 Jun 1998 00:00:00 +0530</pubDate>
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      <title>EOUs/ EPZ Units - CG depreciation norm raised to 90%</title>
      <link>https://www.taxtmi.com/circulars?id=1067</link>
      <description>Revision raises the depreciation ceiling for capital goods other than computers and computer peripherals in EOUs/EPZ/EHTP/STP units to an overall maximum of 90%, while retaining quarterly rates of 4% in the first year, 3% in the second and third years, 2.5% in the fourth year, and thereafter subject to the 90% cap. The Circular modifies the earlier Circular No. 27/98, requires a Public Notice for wide publicity, excludes computers and peripherals from the revised norm, and directs that cases already decided need not be reopened.</description>
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      <pubDate>Fri, 26 Jun 1998 00:00:00 +0530</pubDate>
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