EOUs/ EPZ Units - CG depreciation norm raised to 90%
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....Units. I am directed to refer to Board's Circular No. 27/98-Cus issued from F. No. 314/19/94-FTT dated 21.4.98. It has been provided in para 4 of the above said Circular that the depreciation for capital goods other than computers, at the following rates may be allowed: For every quarter in the 1st year - 4% For every quarter in the 2nd year - 3% For every quarter....
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