sir, what rate of depriciation charge on invertor battery.
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Quick Summary
This discussion clarifies the depreciation rate applicable to invertor batteries. While the general rate for machinery is 15%, batteries used with UPS systems for backup power typically qualify for a higher depreciation rate of 60%. Special considerations apply for the first year, particularly for industrial and power generation businesses, with potential half-rates if assets are used for less than 180 days.
For Machinery, General Rate of Depreciation is 15%. In addition, 20% Depreciation will be available in the first year for Industrial Undertaking and Power Generation Distribution business. However, if assets used for less than 180 days, then ½ of 35%(15%Normal Dep +20% Additional Dep) will be available.
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