Rent Calculation
प्रमाणपत्र
विषय:- दुकाने निरीक्षक कार्यालय, ________ या कार्यालयासाठी नविन जागेचा प्रस्ताव.
सदर्à¤:- 1) विà¤ागीय कार्यालयाचे जा.क्र.______ दि.___________.
RATES OF DEPRECIATION | ||
The ratio of deprecation noted against the several articles below should be adopted. | ||
Description | Rate for depreciation | |
Materials at site and stock | 1 to 10 % In accordance with the nature of materials as may be fixed by the Superintending Engineer | |
Road metal | 0.075 | |
Scientific and mathematical instruments (including electrical instruments, drawing materials) | 0.05 | |
plant and machinery | 10 - 20 % Accordance with the type of machinery and nature of work on which they are used as may be fixed by the Superintending Engineer | |
Tools | 0.2 | |
Navigation plant | 0.075 | |
Camp equipage | 0.1 | |
Livestock | 0.15 | |
Furniture | 0.05 | |
Motor lorries and cycles | 0.15 | |
Electric wiring and accessories | 0.08 | |
Electric motors and fans | 0.05 | |
Electric lighting fitting | 0.075 | |
Electric heating appliances | 0.15 | |
Electric transformers | 0.05 | |
water Pump | 0.075 | |
Oil engines | 0.15 | |
Storage type lead cell batteries | 0.15 | |
Storage type nickel iron rolls | 0.075 |
Note 1 :- The % rate foe depreciation mentioned above is to be calculated on the original cost of the article, i.e. the value of the article is to be depreciated annually with reference to the original cost and not on the diminishing value.
Note2 :- Road rollers, asphalt boulders, concrete mixer and the like should have separate rates of depreciation worked out. This should be relatively simple as there should be very complete records of receipts renewal etc., to road roller and similar record can be maintained in respect of asphalt boilers, etc., in future.
Note 3:- As regards road metal, the best way to work out depreciation would be from the returns of scarcity metal, more particularly scarcity metal at site of quarry. It should not be difficult to arrive at a fair estimate of the yearly depreciation from computing the wastage in such metal.
Note 4 :- The local officers should work out the % rate of depreciation for heavy plant and machinery by dividing the cost by its normal life, i.e. total number of hours for which the plant and machinery is expected to give service (assuming 8 hours for working day.)
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