Depreciation for Used Motor Vehicles

(i) for every quarter during 1st year 4%

(ii) for every quarter during 2nd year 3%

(iii) for every quarter during 3rd year 2 1/2%

(iv) for every quarter during 4th year and thereafter 2%
Instruction apply from 26 May, 1993.

(Ref: F.No. VIII/1/Cus/T/93 dated 15.06.93).