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2021-5-30 · Depreciation under Companies Act, 2013. 1 SCHEDULE II 2 (See section 123) USEFUL LIVES TO COMPUTE DEPRECIATION. PART 'A' 1. Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life. The depreciable amount of an asset is the cost of an asset or other amount substituted for cost, less its residual value
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The depreciation allowance rate for this new class is 30 in order to gradually limit the depreciation of the third class property the rules will specify that an operator may not claim a depreciation allowance regarding the fourth class property until the ,Depreciation Rate Applicable To Crusher Units
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Depreciation Rate Depreciation for Income Tax and as well as Companies Act. Depreciation Schedule as per Companies Act, 2013. Nature of Assets Useful Life Rate [SLM] Rate [WDV] (I) Buildings [NESD] (a) Building (other than factory buildings) RCC Frame Structure 60 1.58% 4.87% (b) Building (other than factory buildings) other than RCC
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2021-6-23 · Then, we must charge a WDV depreciation rate of 45.07% as per the companies act, 2013. Depreciation amount for 1st year is 100,000 x 45.07%= Rs 45,070. Below is the journal entry to record depreciation on office equipment. Depreciation on computers Dr 45,070. To Office equipment 45,070
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2017-2-13 · In all ore dressing and milling Operations, including flotation, cyanidation, gravity concentration, and amalgamation, the Working Principle is to crush and grind, often with rob mill & ball mills, the ore in order to liberate the minerals. In the chemical and process industries, grinding
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2015-5-15 · A) Total Apparent Volumetric Charge Filling – including balls and excess slurry on top of the ball charge, plus the interstitial voids in between the balls – expressed as a percentage of the net internal mill volume (inside liners). B) Overflow Discharge Mills operating at low ball fillings – slurry may accumulate on top of the ball
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2017-10-18 · The following information shall also be disclosed in the accounts, namely:—. (i) Depreciation methods used; and. (ii) The useful lives of the assets for computing depreciation, if they are different from the life specified in the Schedule. (a) Useful life specified in Part C of
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2007-1-1 · Milling and grinding assets (including flakers, hammer mills and roller mills) 20 years: 10.00%: 5.00%: 1 Jul 2012: Prepared animal and bird feed manufacturing (11920): Prepared animal and bird feed manufacturing assets generally: Batching, grinding and mixing assets:
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2020-11-7 · The Depreciation Rates – Companies Act 2013 is different from rate charged as per Income Tax Act. The prescribed rate as per Income Tax Act is useful for calculation of taxable income and tax payable on the income thereon. What is not covered in Schedule II of the Companies Act, 2013. Schedule II is applicable to all companies except the
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2021-2-17 · 3.1 Introduction. The unit cost of logging or road construction is essentially derived by dividing cost by production. In its simplest case, if you rented a tractor with operator for $60 per hour - including all fuel and other costs - and you excavated 100 cubic meters per hour, your unit
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2002-4-8 · 1.. IntroductionIt is known that in a tumbling mill, a material can be ground faster in water than in air. The influence of liquid physical properties such as density, surface tension and viscosity on the rate of grinding has been the subject of numerous investigations , , , .In another approach, some investigators , , chose to study the effect of bulk slurry rheology on the efficiency of
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Small item write-off allowance. There is a general small item write-off allowance for items that cost less than R7 000.00 provided that: 1. The item is not part of a set. For example, a dining room set consists of the chairs and the table. You may not claim each item in the set separately as they function together as a
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A practical approximation to the fundamental integro-differential equation for batch grinding is presented and a solution developed. The solution is written in terms of two experimentally determined basic parameters of the system, (1) rates of breakage and (2) breakage function, and is in a form suitable for simple extension to describe continuous grinding systems
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Overcharging results in poor grinding and losses due to abrasion of rods and liners. Undercharging also promotes more abrasion of the rods. The height (or depth) of charge is measured in the same manner as for ball mill. The size of feed particles to a rod mill is coarser than for a ball mill. The usual feed size ranges from 6 to 25 mm
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