https://www.taxtmi.com/circulars?id=6057 Depreciation for capital goods taken out of Free Trade Zones, Export Processing Zones or 100% EOUs and assessed for duty is to be calculated using the depreciation rates applicable to used cars at assessment; a uniform quarterly flat rate applies thereafter, subject to an overall cap. Depreciation eligibility requires prior in zone use for not less than three years for FTZ/EPZ and completion of the stipulated export obligation for 100% EOUs. en-us Wed, 15 Apr 1987 00:00:00 +0530 Mon, 29 Jun 2009 17:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6057 Depreciation for capital goods taken out of Free Trade Zones, Export Processing Zones or 100% EOUs and assessed for duty is to be calculated using the depreciation rates applicable to used cars at assessment; a uniform quarterly flat rate applies thereafter, subject to an overall cap. Depreciation eligibility requires prior in zone use for not less than three years for FTZ/EPZ and completion of the stipulated export obligation for 100% EOUs. Circulars Customs Wed, 15 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6057