Regarding grant hundred percent(100%) exemption to M/s Ganga Castings having its manufacturing unit

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No. 1 ] CHANDIGARH, FRIDAY, JANUARY 1, 2021 (PAUSA 11, 1942 SAKA)

PART I

Punjab Government Notifications and Orders

GOVERNMENT OF PUNJAB

DEPARTMENT OF POWER

(Energy Branch)

NOTIFICATION

The 24th December, 2020

No. 10/61/2020-EV4/3375.- 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 hundred percent(100%) exemption to M/s Ganga Castings having its manufacturing unit at Village Sounti, Tehsil Amloh, District Fatehgarh Sahib from the payment of electricity duty (except Social Security Fund) for a period of seven years under 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) the exemption shall be granted to the said Firm for manufacturing of steel ingots as per the conditions contained in the Eligibility Certificate issued by the Convener-cum-General Manager, District Level Committee, Fatehgarh Sahib vide endorsement no.DIC/MGG/1261 dated the 4th November, 2020;

(ii) the exemption shall be granted for the period from the 15th January, 2019 to 14th January, 2026 or the date of exhaustion/utilization of quantum of eligible incentive i.e. `1,23,64,000/- (Rupees One Crore Twenty-Three Lakh Sixty-Four Thousand only) whichever is earlier, as per the Eligibility Certificate dated 4th November, 2020. The date of commercial production of the unit after expansion is also certified as 15th January, 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;

Limited and 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, Fatehgarh Sahib vide endorsement no. DIC/MGG/1261 dated the 4th November, 2020; and

(viii) in case any excess claimed exemption is detected at any point of time, it shall be liable for recovery and penal action.

To ensure the compliance of the above conditions and proper utilization of incentive, the Auditors of the office of the 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 or the rules made thereunder and exemption shall be automatically be ceased for which the supplier and owner of the Unit shall be responsible.

Sd/-

ANURAG AGARWAL,

Chandigarh Additional Chief Secretary to Government of Punjab, The 19th December, 2020 Department of Power.

2190/12-2020/Pb. Govt. Press, S.A.S. Nagar

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