https://www.taxtmi.com/circulars?id=5882 Prescribes a standard depreciation scale for valuation of imported second-hand motor vehicles: specified quarterly depreciation rates apply in the first through fourth years of use, with depreciation beyond the fourth year allowed on merit subject to an overall limit of 70%; the scale aligns with that for imported second-hand machinery and applies from the date of issue to all pending assessments. en-us Wed, 26 May 1993 00:00:00 +0530 Fri, 01 May 2009 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5882 Prescribes a standard depreciation scale for valuation of imported second-hand motor vehicles: specified quarterly depreciation rates apply in the first through fourth years of use, with depreciation beyond the fourth year allowed on merit subject to an overall limit of 70%; the scale aligns with that for imported second-hand machinery and applies from the date of issue to all pending assessments. Circulars Customs Wed, 26 May 1993 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5882