DEPRECIATION RATE OF MEDICAL EQUIPMENTS


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Query on depreciation rate applicable on hospital medical equipment excluding life-saving devices. It was clarified that general hospital equipment attracts 15% depreciation rate, while life-saving medical equipment is eligible for higher depreciation at 40%.

(Querist)
02 May 2023 I WOULD LIKE TO KNOW THE DEPRECIATION RATE OF HOSPITAL EQUIPMENTS OTHER THAN LIFE SAVING EQUIPMENTS, SOMEBODY PLEASE HELP OUT

02 May 2023 15% applicable and 40% on life saving equipment.


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