Published by Authority
No. 36 ] CHANDIGARH, FRIDAY, SEPTEMBER 4, 2020 (BHADRA 13, 1942 SAKA)
PART I
Punjab Government Notifications and Orders
GOVERNMENT OF PUNJAB
DEPARTMENT OF POWER
(Energy Branch)
NOTIFICATION
The 20th August, 2020
No. 10/33/2020-EV4/ 1735.-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 Panama Alloys (INC) VPO Jugiana, GT Road, Ludhiana frorn the payment of electricity duty (except Social Security, Fund) for a period of seven years under terms of the Detailed Scheme and Operational Guidelines, 2018 (lndustrial 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 its expansion manufacturing 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-2237 dated 18th June, 2020;
(ii) the exemption shall be granted for the period from lst February, 2019 to 31st January, 2026 or the date of exhaustion of quantum of eligible incentive earlier as per Eligibility Certificate i.e.rupees 463.06/- lakhs (rupees four hundred sixty-three lakhs and six thousand only) whichever is earlier, as per, the Eligibility Certificate;
(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 Chief Electrical Inspector to record the consumption of unit under exemption;
666 PUNJAB GOVT. GAZ., SEPTEMBER 4, 2020 (BHDR 13, 1942 SAKA) PART I] 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 electricityconnection 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 its unit for the purpose of availing exemption from the 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-2237 dated 18th June, 2020;
(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 Aditors of the Office of the Chief Electrical Inspector any time. In case, any violation of any of the provisions of the Punjab Electricity (Duty) Act, 2005 or the rules made there under 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 be automatically be ceased for which the supplier and owner of the unit shall be responsible.
Sd/-
ANIRUDH TEWARI
Additional Chief Secretary to Government of Punjab, Chandigarh
Department of Power.