Published by Authority
No. 27 ] CHANDIGARH, FRIDAY, JULY 3, 2020 (ASADHA 12, 1942 SAKA)
PART I
Punjab Government Notifications and Orders
GOVERNMENT OF PUNJAB
DEPARTMENT OF POWER
(Energy Branch)
NOTIFICATION
The 4th May, 2020
No.10/3/2019-EV4/809.-In exercise of the powers conferred by section 12 of the punjab Electricity (Duty) Act, 2005 (Punjab Act NO.9 of 2005), and all other powers enabling him in this behalf, the Governor of Punjab is pleased to exempt M/s Garg Acrylics Limited, Village Jiwan Singh Wala Talwandi Sabo Road, Bathinda from the payment of Electricity Duty (except Social Security Fund) for a period of ten years, in terms of Detailed Scheme and Operational Guidelines, 2018 (Industrial and Business Development Policy, 2017) in public interest and subject to the following conditions, namely:-
CONDITIONS
(i) the exemption shall be granted to the said Firm for Expansion as per the conditions contained in the Eligibility Certificate issued by the Convenor-cum-Additional Director (Incentive), State Level Comittee vide Endst. No. Inc/FI/IBDP/26/Garg/BTH/12111-A, dated the 3rd December, 2019;
(ii) this exemption shall be granted for the period from 1st October, 2018 to 30th September, 2028(except the overlapping period of already availed Electricity Duty exemption under the Industrial Policy 2009 (i.e. 1.10.2018 to 30.9.2019) or the date of exhaustion of quantum of eligible incentive whichever is earlier, as per the Eligibility Certificate i.e. rupees 53,85,32,572/-(fifty -three crores eighty- five; lakh thirty -two thousand and five hundred seventy -two only);
(iii) in the event of any revision of rate of Electricity Duty at any subsequent point of time, the exemption to the extent of revised levied rate of Electricity Duty (except contributions out of Electricity Duty e.g. Social Security Fund etc.) shall be applicable to the unit;
(iv) the usage of the power by the Firm during the aforesaid period shall be regulated through a transparent metering arrangement, installed or approved by the Punjab State Power Corporation Limited or the PART I] PUNJAB GOVT. GAZ., JULY 3, 2020 (ASAR 12, 1942 SAKA) 413 Chief Electrical Inspector, to record the consumption of the unit under exemption; (v) this exemption shall not be applicable for the r esidential area of the said premises and to that effect, an undertaking shall be submitted by the unit that no residential area exists in the premises. If there is a residential area in the premises, in that event, a separate- meter has to be installed or a separate electricity shall be obtained in order to record the electricity consumption of that residential area, which shall be excluded from the total electricity consumption of the unit;
(vi) it shall be ensured that the firm does not connect the load of any other unit with this unit for the purpose of availing exemption from Electricity Duty;
(vii) the exemption shall be strictly in accordance with the Eligibility Certificate issued by the Convener-cum- Additional Director (Incentive) State Level Committee vide Endst. No. Inc/FI/IBDP/26/Garg/BTH/ 12111-A, dated the 3rd December,2019 to the said Firm;
(viii) in case any excess claimed exemption, is detected at any point of time, it shall be liable for recovery.
The compliance of the above conditions can be verified by the Officer or the Auditors of the office of the Chief Electrical Inspector at any time. In case, any. violation of any of the provisions of the Punjab Electricity (Duty) Act, 2005 or the rules made thereunder the conditions contained in the above said notification, is detected, the owner of the unit shall be liable for action under section 8 of the said Act and the rules made thereunder and the exemption shall be automatically cease for which the Supplier and owner of the Unit shall be responsible.
A.VENU PRASAD,
Principal Secretary to Government of Punjab,
Department of Power.