|
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
|
30 years
|
|
(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
(ii) Carpeted Roads- other than RCC
|
10 years
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
|
|
(b) Continuous process plant for which no special rate has been prescribed under (ii) below [NESD] (substituted vide Notification No.GSR27(E) (F.No.17/60/2012-CL-V), dated 31-3-2014 w.e.f. 1-4-2014.
|
25 years
|
|
(ii) Special Plant and Machinery
(a) Plant and Machinery related to production and exhibition of Motion Picture Films
|
|
|
-
Cinematograph films—Machinery used in the production and exhibition of cinematograph films, recording and reproducing equipments, developing machines, printing machines, editing machines, synchronisers and studio lights except bulbs
|
13 years
|
|
-
Projecting equipment for exhibition of films
|
13 years
|
|
(b) Plant and Machinery used in glass manufacturing
-
Plant and Machinery except direct fire glass melting furnaces — Recuperative and regenerative glass melting furnaces
|
13 years
|
|
-
Plant and Machinery except direct fire glass melting furnaces — Moulds [NESD]
|
8 years
|
|
-
Float Glass Melting Furnaces [NESD]
|
10 years
|
|
(c) Plant and Machinery used in mines and quarries—Portable underground 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 transceivers, switching centres, transmission and other network equipment
|
13 years
|
|
3. Telecom—Ducts, Cables and optical fibre
|
18 years
|
|
4. Satellites
|
18 years
|
|
(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
|
25 years
|
|
3. Petrochemical Plant
|
25 years
|
|
4. Storage tanks and related equipment
|
25 years
|
|
5. Pipelines
|
30 years
|
|
6. Drilling Rig
|
30 years
|
|
7. Field operations (above ground) Portable boilers, drilling tools, well-head tanks, etc.
|
8 years
|
|
8. Loggers
|
8 years
|
|
(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
|
40 years
|
|
3. Nuclear Power Gen-eration Plant
|
40 years
|
|
4. Transmission lines, cables and other network assets
|
40 years
|
|
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
|
30 years
|
|
(g) Plant and Machinery used in manufacture of steel
1. Sinter Plant
|
20 years
|
|
2. Blast Furnace
|
20 years
|
|
3. Coke ovens
|
20 years
|
|
4. Rolling mill in steel plant
|
20 years
|
|
5. Basic oxygen Furnace Converter
|
20 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]
|
40 years
|
|
3. Digester Section [NESD]
|
40 years
|
|
4. Turbine [NESD]
|
40 years
|
|
5. Equipments for Calcination [NESD]
|
40 years
|
|
6. Copper Smelter [NESD]
|
40 years
|
|
7. Roll Grinder
|
40 years
|
|
8. Soaking Pit
|
30 years
|
|
9. Annealing Furnace
|
30 years
|
|
10. Rolling Mills
|
30 years
|
|
11. Equipments for Scalping, Slitting, etc. [NESD]
|
30 years
|
|
12. Surface Miner, Ripper Dozer, etc., used in mines
|
25 years
|
|
13. Copper refining plant [NESD]
|
25 years
|
|
(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
|
20 years
|
|
3. Drying equipments/Centrifuges and Decanters
|
20 years
|
|
4. Vessel/storage tanks
|
20 years
|
|
(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
Cranes with capacity of less than 100 tons
|
20 years
15 years
|
|
3. Transmission line, Tunnelling 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
|
8 years
|
|
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
(b) With other tanks
|
25 years
20 years
|
|
(iv) Liquefied gas carriers
|
30 years
|
|
(v) Conventional large passenger vessels which are used for cruise purpose also
|
30 years
|
|
(vi) Coastal service ships of all categories
|
30 years
|
|
(vii) Offshore supply and support vessels
|
20 years
|
|
(viii) Catamarans and other high speed passenger for ships or boats
|
20 years
|
|
(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
(ii) Other vessels
|
13 years
28 years
|
VIII.
|
Aircraft 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
(ii) End user devices, such as, desktops, laptops, etc.
|
6 years
3 years
|
XIII.
|
Laboratory equipment [NESD]
(i) General laboratory equipment
(ii) Laboratory equipments used in educational institutions
|
10 years
5 years
|
XIV.
|
Electrical Installations and Equipment [NESD]
|
10 years
|
XV.
|
Hydraulic works, pipelines and sluices [NESD]
|
15 years
|