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No. 31 ] CHANDIGARH, FRIDAY, JULY 31, 2020 (SRAVANA 9, 1942 SAKA)
PART I
Punjab Government Notifications and Orders
GOVERNMENT OF PUNJAB
DEPARTMENT OF POWER
(Energy Branch)
NOTIFICATION
The 24th July, 2020
No. 10/26/2020-EV4/1543.-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 grant 100% exemption to M/s Somik Enterprises Private Limited, Village Dharaur, Delhon Road, Ganpati Estate, Sahnewal, Ludhiana from the payment of Electricity Duty (except Social Security Fund) for a period of seven years as an MSME in terms of clause 10.1 (v) of Chapter-10 of the Detailed Scheme and Operational Guidelines, 2018 (Industrial and Business Development Policy, 2017) in public interest and subject to the following conditions, namely:-
CONDITIONS
(i) 100% exemption shall be granted to the said Firm for manufacturing of Forging Pressure Die Casting Machined Components, General Engineering Good Machined Components and Automobile Parts unit as per the conditions contained in the Eligibility Certificate issued by the Convener-cum-General Manager, District Level Committee, Ludhiana, vide endst.No. DIC/LDH-1975-83 dated the 19th May, 2020;
(ii) this exemption shall be granted for the period from the 5th April, 2019 to 4th April, 2026 and upto 100% of FCI (Rs. 879.96 lac) made during expansion or diversification or modernisation, whichever is earlier, from the date of Commercial Production after expansion as per the Eligibility Certificate dated 19th May, 2020. However, the date of commercial production of the unit after expansion is certified as 05th April ,2019 ;
(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 528 PUNJAB GOVT. GAZ., JULY 31, 2020 (SRVN 9, 1942 SAKA) PART I] metering arrangement installed or approved by the Punjab State Power Corporation Limited or the Chief Electrical Inspector to record the consumption of the unit under exemption; (v) the exemption shall not be applicable for the residential 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 connection 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- General Manager, District Level Committee, Ludhiana vide endst. No. DIC/LDH-1975-83 dated the 19th May, 2020; and
(viii) in case any excess claimed exemption is detected at any point of time, it shall be liable for recovery and also penal action.
To ensure compliance of the above conditions and proper utilization of the incentive, the Officer or Senior Auditors of the Office of Chief Electrical Inspector may inspect the Unit at any time. In case, any violation of any of the provisions of the Punjab Electricity (Duty) Act, 2005 or the rules made thereunder and the above conditions, is detected, the owner of the Unit shall be liable for action under section 8 of the said Act and the exemption shall automatically cease for which the supplier and owner of the Unit shall be responsible.
Sd/-
ANIRUDH TEWARI, IAS,
Additional Chief Secretary to Government of Punjab, Chandigarh
Department of Power.