Depreciation admissible in respect of Capital Goods to EOU/ EHTP/ STP

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....Excise  and  Customs SUB:-  Depreciation admissible in respect of Capital Goods to EOU/EHTP/STP I am directed to invite your attention to the Notifications Nos 52/2003-Cus and 22/2003-CE both dated the 31st March, 2003 governing duty free import and procurement by EOUs and units in EHTP/ STP. In the said notifications, it has been provided that  in respect of clearance of....

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....llowed upto 100%. 2. It has come to the notice of the Board that divergent practices are being followed while allowing depreciation to EOU/EHTP/ STP units. In the field formations, in some Commissionerates ,  depreciation is being  calculated for full  years only. 3. The matter has been examined by the Board. In terms of the above stated notification d....