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PUNJAB GOVT. GAZ., AUGUST 4, 2023 (SRVN 13, 1945 SAKA)
PART I]
Published by Authority
No. 31]
CHANDIGARH, FRIDAY, AUGUST 4, 2023 (SRAVANA 13, 1945 SAKA)
PART I
Punjab Government Notifications and Orders
( 658 )
GOVERNMENT OF PUNJAB
DEPARTMENT OF POWER
(ENERGY BRANCH)
NOTIFICATION
The 27th September, 2022
No.10/89/2022-EV4- 3404.- 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 GSA Industries, Village Daulatpur-
Rasulpur, Jaura Road, Patiala from the payment of electricity duty (except Social Security Fund) for a period
of four years, in public interest and subject, to the following conditions, namely:-
CONDITIONS
(i)
the exemption, shall be granted to the said firm for its manufacturing Unit at Village Daulatpur-
Rasulpur, Jaura Road, Patiala for an amount of 100% of Fixed Capital Investment as per the conditions
contained in the eligibility certificate issued by the Convener-Cum-General Manager, District Level
Committee, District Industries Centre, Patiala vide Endorsement No. DIC/PTL/FIIP-2013/2941 dated
the 30th August, 2022;
(ii)
the aforesaid Fixed Capital Investment (FCI) for incentives shall be Rs. 6,77,44,491/- (rupees six crore
seventy seven lakh forty four thousand four hundred and ninenty one only) as approved by the District
Level Committee in its meeting held on the 29th October, 2021 and as per recommendations of the
District Level Committee, Patiala.
(iii)
in this case, eligibility period is reduced by three years (as per clause 1.2.1.7 of Fiscal incentive investment
promotion (Revised) 2013) so the net eligibility period for availing the electricity duty exemption shall be
four years from 21st September, 2016 to 20th September, 2020 as per Eligibility Certificate dated the
30th August, 2022 and in accordance with the Clause 1.3.6 of the Fiscal Incentives for Industrial
Promotion (Revised)-2013 or till the date of exhaustion or utilization of quantum of eligible incentives
i.e. 100% of Fixed Capital Investment Rs. 6,77,44,491/-(Rupees six crore seventy seven lakhs forty
PART I]
PUNJAB GOVT. GAZ., AUGUST 4, 2023 (SRVN 13, 1945 SAKA)
659
2891/8-2023/Pb. Govt. Press, S.A.S. Nagar
four thousand four hundred and ninety one only). whichever is earlier. However, the exemption shall
commence from the date of Commercial Operation i.e 21st December, 2016;
(iv)
no incentive shall be provided for the period between the Date of Approval i.e, 21st September, 2016
and the Date of Commercial Operation i.e. 21st December, 2016 as per clause 1.3.6 of Fiscal Incentives
for Industrial Promotion (Revised)-2013;
(v)
in the event of any revision of electricity duty rate at any subsequent point of time. exemption to the
extent of such levied rate of electricity duty (except contributions out of electricity e.g. Social Security
Fund etc) shall be applicable to the Unit:
(vi)
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 the Unit under exemption:
(vii)
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;
(viii)
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.
(ix)
the exemption shall be strictly in accordance with the Eligibility Certificate issued by the Convener-
Cum-General Manager. District Level Committee, District Industries Centre, Patiala vide Endorsement
No. DIC/PTL/FIIP-2013/2941 dated the 30th August, 2022;
(x)
in case any excess claimed exemption is detected at any point of time, it shall be liable for recovery and
penal action shall be taken under the provisions of the said Act.
To ensure the compliance of the above conditions and proper utilization of incentive, the officer or
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 and 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 automatically cease, for which the owner of the Unit shall be responsible.
Sd/-
TEJVEER SINGH,
Chandigarh
Principal Secretary to Government of Punjab,
The 27th September, 2022
Department of Power