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PUNJAB GOVT. GAZ., FEBRUARY 19, 2021 (MAGHA 30, 1942 SAKA)

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Published by Authority

Published by Authority

Published by Authority

Published by Authority

Published by Authority

No. 8 ]

CHANDIGARH, FRIDAY, FEBRUARY 19, 2021 (MAGHA 30, 1942 SAKA)

PART I

Punjab Government Notifications and Orders

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GOVERNMENT OF PUNJAB

DEPARTMENT OF POWER

(ENERGY BRANCH)

NOTIFICATION

The 28th January, 2021

No.10/72/2020-EV4/278.-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 V.K Castings having its manufacturing unit

located at Village Jadu Janda Post Office Nasrala, Hoshiarpur 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 parts and accessories for motor

Vehicles and other iron and steel casting as per the conditions contained in the Eligibility Certificate

issued by the Convener-cum-General Manager, District Level Committee, DIC Hoshiarpur vide

Endorsement No. 2598-2604 dated 25th November, 2020;

(ii)

the exemption, shall be granted for the period from the 26th June, 2019 to 25th June, 2026 to as per the

Eligibility Certificate dated 25th November, 2020. However, the date of commercial production of the

unit is certified as 11th July, 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 the

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

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(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 the 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, DIC Hoshiarpur vide Endorsement No. 2598-2604 dated

25th 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 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 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 18th January, 2021

Department of Power.

2227/02-2021/Pb. Govt. Press, S.A.S. Nagar