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No. 2 ] CHANDIGARH, FRIDAY, JANUARY 8, 2021 (PAUSA 18, 1942 SAKA)
PART I
Punjab Government Notifications and Orders
GOVERNMENT OF PUNJAB
DEPARTMENT OF POWER
(Energy Branch)
NOTIFICATION
The 31st December, 2020
No. 10/54/2020-EV4/3444.-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 Chopra Steel and Agro Industries, Village Alour, Bhadla Road, Ludhiana, Punjab 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, Ludhiana vide endorsement no. DIC/LDH/3630 dated the 23rd October, 2020;
(ii) the exemption shall be granted for the period from the 03rd November, 2018 to 2nd November,2025 or the date of exhaustion/utilization of quantum of eligible incentive i.e. Rs. 2,08,45,000 (Rupees Two Crore Eight Lakh Forty-Five Thousand only) whichever is earlier, as per the Eligibility Certificate dated 23rd October, 2020. The date of commercial production of the unit after expansion is certified as 3rd November, 2018;
(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 PART I] PUNJAB GOVT. GAZ., JANUARY 8, 2021 (PAUSA 18, 1942 SAKA) 25 (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 endorsement no. DIC/LDH/ 3630 dated the 23rd October, 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 Department 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 thereundrer and 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 or the rules made thereunder and exemption shall automatically cease for which the supplier and owner of the unit shall be responsible.
Sd/-
ANURAG AGARWAL,
Chandigarh Additional Chief Secretary to Government of Punjab, The 24th December, 2020 Department of Power.