26

PUNJAB GOVT. GAZ., JANUARY 8, 2021 (PAUSA 18, 1942 SAKA)

PART I]

Published by Authority

Published by Authority

Published by Authority

Published by Authority

Published by Authority

No. 2 ]

CHANDIGARH, FRIDAY, JANUARY 8, 2021 (PAUSA 18, 1942 SAKA)

PART I

Punjab Government Notifications and Orders

(26)

GOVERNMENT OF PUNJAB

DEPARTMENT OF POWER

(ENERGY BRANCH)

NOTIFICATION

The 31st December, 2020

No.10/55/2020-EV4/3457.-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 exemption to M/s Saraswati Agro Industries, Village Kauri, Ludhiana,

Punjab from the payment of electricity duty (except Social Security Fund) for a period of seven years, in terms

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 Plywood or Block Board 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/3639 dated the 23rd October,

2020;

(ii)

the exemption, shall be granted for the period from the 24th September, 2019 to 23rd September, 2026

or the date of exhaustion or utilization of quantum of eligible incentive i.e. Rs 3,00,000,00 (rupees three

crore only) whichever is earlier, as per the Eligibility Certificate dated 23rd October, 2020. However,

The date of commercial production of the unit after expansion is certified as 24th September, 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

metering arrangement installed or approved by the Punjab State Power Corporation Limited and Chief

Electrical Inspector to record the consumption of the unit under exemption;

PART I]

PUNJAB GOVT. GAZ., JANUARY 8, 2021 (PAUSA 18, 1942 SAKA)

27

(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/3639

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

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 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 exemption shall 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.

2195/01-2021/Pb. Govt. Press, S.A.S. Nagar