Nature of assets
|
Useful Life
|
I. Buildings [NESD]
| |
(a) Buildings (other than factory buildings) RCC Frame Structure
|
60 Years
|
(b) Buildings (other than factory buildings) other than RCC Frame Structure
|
30 Years
|
(c) Factory buildings
|
-do-
|
(d) Fences, wells, tube wells
|
5 Years
|
(e) Others (including temporary structure, etc.)
|
3 Years
|
II. Bridges, culverts, bunders, etc. [NESD]
|
30 Years
|
III. Roads [NESD]
| |
(a) Carpeted roads
| |
(i) Carpeted Roads—RCC
|
10 Years
|
(ii) Carpeted Roads—other than RCC
|
5 Years
|
(b) Non-carpeted roads
|
3 Years
|
IV. Plant and Machinery
| |
(i) General rate applicable to plant and machinery not covered under special plant and machinery
| |
(a) Plant and Machinery other than continuous process plant not covered under specific industries
|
15 Years
|
4[(b) Continuous process plant for which no special rate has been prescribed under (ii) below [NESD]
|
25 Years]
|
(ii) Special Plant and Machinery
| |
(a) Plant and Machinery related to production and exhibition of Motion Picture Films
| |
1. Cinematograph films—Machinery used in the production and exhibition of cinematograph films, recording and reproducing equipments, developing machines, printing machines, editing machines, synchronizers and studio lights except bulbs
|
13 Years
|
2. Projecting equipment for exhibition of films
|
-do-
|
(b) Plant and Machinery used in glass manufacturing
| |
1. Plant and Machinery except direct fire glass melting furnaces —
| |
Recuperative and regenerative glass melting furnaces
|
13 Years
|
2. Plant and Machinery except direct fire glass melting furnaces — Moulds [NESD]
|
8 Years
|
3. Float Glass Melting Furnaces [NESD]
|
10 Years
|
(c) Plant and Machinery used in mines and quarries—Portable under ground machinery and earth moving machinery used in open cast mining [NESD]
|
8 Years
|
(d) Plant and Machinery used in Telecommunications [NESD]
| |
1. Towers
|
18 Years
|
2. Telecom transreceivers, switching centres, transmission and other network equipment
|
13 Years
|
3. Telecom—Ducts, Cables and optical fibre
|
18 Years
|
4. Satellites
|
-do-
|
(e) Plant and Machinery used in exploration, production and refining oil and gas [NESD]
| |
1. Refineries
|
25 Years
|
2. Oil and gas assets (including wells), processing plant and facilities
|
-do-
|
3. Petrochemical Plant
|
-do-
|
4. Storage tanks and related equipment
|
-do-
|
5. Pipelines
|
30 Years
|
6. Drilling Rig
|
-do-
|
7. Field operations (above ground) Portable boilers, drilling tools, well-head tanks, etc.
|
8 Years
|
8. Loggers
|
-do-
|
(f) Plant and Machinery used in generation, transmission and distribution of power [NESD]
| |
1. Thermal/Gas/Combined Cycle Power Generation Plant
|
40 Years
|
2. Hydro Power Generation Plant
|
-do-
|
3. Nuclear Power Generation Plant
|
-do-
|
4. Transmission lines, cables and other network assets
|
-do-
|
5. Wind Power Generation Plant
|
22 Years
|
6. Electric Distribution Plant
|
35 Years
|
7. Gas Storage and Distribution Plant
|
30 Years
|
8. Water Distribution Plant including pipelines
|
-do-
|
(g) Plant and Machinery used in manufacture of steel
| |
1. Sinter Plant
|
20 Years
|
2. Blast Furnace
|
-do-
|
3. Coke ovens
|
-do-
|
4. Rolling mill in steel plant
|
-do-
|
5. Basic oxygen Furnace Converter
|
25 Years
|
(h) Plant and Machinery used in manufacture of non-ferrous metals
| |
1. Metal pot line [NESD]
|
40 Years
|
2. Bauxite crushing and grinding section [NESD]
|
-do-
|
3. Digester section [NESD]
|
-do-
|
4. Turbine [NESD]
|
-do-
|
5. Equipments for Calcination [NESD]
|
-do-
|
6. Copper Smelter [NESD]
|
-do-
|
7. Roll Grinder
|
40 Years
|
8. Soaking Pit
|
30 Years
|
9. Annealing Furnace
|
-do-
|
10. Rolling Mills
|
-do-
|
11. Equipments for Scalping, Slitting, etc. [NESD]
|
-do-
|
12. Surface Miner, Ripper Dozer, etc., used in mines
|
25 Years
|
13. Copper refining plant [NESD]
|
-do-
|
(i) Plant and Machinery used in medical and surgical operations [NESD]
| |
1. Electrical Machinery, X-ray and electrotherapeutic apparatus and accessories thereto, medical, diagnostic equipments, namely, Cat- Scan, Ultrasound Machines, ECG Monitors, etc.
|
13 Years
|
2. Other Equipments.
|
15 Years
|
(j) Plant and Machinery used in manufacture of pharmaceuticals and chemicals [NESD]
| |
1. Reactors
|
20 Years
|
2. Distillation Columns
|
-do-
|
3. Drying equipments/Centrifuges and Decanters
|
-do-
|
4. Vessel/storage tanks
|
-do-
|
(k) Plant and Machinery used in civil construction
| |
1. Concreting, Crushing, Piling Equipments and Road Making Equipments
|
12 Years
|
2. Heavy Lift Equipments—
| |
Cranes with capacity of more than 100 tons
|
20 Years
|
Cranes with capacity of less than 100 tons
|
15 Years
|
3. Transmission line, Tunneling Equipments [NESD]
|
10 Years
|
4. Earth-moving equipments
|
9 Years
|
5. Others including Material Handling /Pipeline/Welding Equipments [NESD]
|
12 Years
|
(l) Plant and Machinery used in salt works [NESD]
|
15 Years
|
V. Furniture and fittings [NESD]
| |
(i) General furniture and fittings
|
10 Years
|
(ii) Furniture and fittings used in hotels, restaurants and boarding houses, schools, colleges and other educational institutions, libraries; welfare centres; meeting halls, cinema houses; theatres and circuses; and furniture and fittings let out on hire for use on the occasion of marriages and similar functions.
|
8 Years
|
VI. Motor Vehicles [NESD]
| |
1. Motor cycles, scooters and other mopeds
|
10 Years
|
2. Motor buses, motor lorries, motor cars and motor taxies used in a business of running them on hire
|
6 Years
|
3. Motor buses, motor lorries and motor cars other than those used in a business of running them on hire
|
8 Years
|
4. Motor tractors, harvesting combines and heavy vehicles
|
-do-
|
5. Electrically operated vehicles including battery powered or fuel cell powered vehicles
|
8 Years
|
VII. Ships [NESD]
| |
1. Ocean-going ships
| |
(i) Bulk Carriers and liner vessels
|
25 Years
|
(ii) Crude tankers, product carriers and easy chemical carriers with or without conventional tank coatings
|
20 Years
|
(iii) Chemicals and Acid Carriers :
| |
(a) With Stainless steel tanks
|
25 Years
|
(b) With other tanks
|
20 Years
|
(iv) Liquified gas carriers
|
30 Years
|
(v) Conventional large passenger vessels which are used for cruise purpose also
|
-do-
|
(vi) Coastal service ships of all categories
|
-do-
|
(vii) Offshore supply and support vessels
|
20 Years
|
(viii) Catamarans and other high speed passenger for ships or boats
|
-do-
|
(ix) Drill ships
|
25 Years
|
(x) Hovercrafts
|
15 Years
|
(xi) Fishing vessels with wooden hull
|
10 Years
|
(xii) Dredgers, tugs, barges, survey launches and other similar ships used mainly for dredging purposes
|
14 Years
|
2. Vessels ordinarily operating on inland waters—
| |
(i) Speed boats
|
13 Years
|
(ii) Other vessels
|
28 Years
|
VIII. Aircrafts or Helicopters [NESD]
|
20 Years
|
IX. Railways sidings, locomotives, rolling stocks, tramways and railways used by concerns, excluding railway concerns [NESD]
|
15 Years
|
X. Ropeway structures [NESD]
|
15 Years
|
XI. Office equipment [NESD]
|
5 Years
|
XII. Computers and data processing units [NESD]
| |
(i) Servers and networks
|
6 Years
|
(ii) End user devices, such as, desktops, laptops, etc.
|
3 Years
|
XIII. Laboratory equipment [NESD]
| |
(i) General laboratory equipment
|
10 Years
|
(ii) Laboratory equipments used in educational institutions
|
5 Years
|
XIV. Electrical Installations and Equipment [NESD]
|
10 years
|
XV. Hydraulic works, pipelines and sluices [NESD]
|
15 Years
|