9.35 The depreciation norms for capital goods of units, including electronics, would be subject to an overall limit of 90% as notified by the Department of Revenue.

Accelerated depreciation for computers and computer peripherals for all types of electronic units would be as follows:

10% for every quarter in the first year,
8% for every quarter in the 2nd year,
7% for every quarter in the3rd year, and
5% for every quarter in the 4th year and thereafter.

For capital goods, other than computers and computer peripherals the depreciation rate would be as follows:

4% for every quarter in the first year.
3% for every quarter in the second year
3% for every quarter in the third year
2.5% for every quarter in the fourth year and thereafter.