Published by AuthorityPublished by AuthorityPublished by AuthorityPublished by AuthorityPublished by Authority
No. 1] CHANDIGARH, FRIDAY, JANUARY 5, 2024 (PAUSA 15, 1945 SAKA)
CONTENTS
Pages
PART I—Punjab Government Notifications and Orders
.. 1-9 PART I-A—Notifications by Local Government
.. Nil PART I-B—Notifications by Commissioners and Deputy Commissioners .. Nil PART II—Statutory Notifications and Republications from Gazette of India/Punjab .. Nil PART III—Notification by High Court, Labour Commissioner ; Advertisements ; .. 1-16 Director of Lotteries, Punjab and Notices etc.
PART III-A—Notifications by Universities
.. Nil PART III-B—Court Notices
.. Nil PART IV—Acts and Bills
.. Nil PART V—Notification by Punjab State Legislature
.. Nil SUPPLEMENT PART I—Statistical
.. Nil SUPPLEMENT PART II—General
.. Nil LEGISLATIVE SUPPLEMENT—Contents
.. Nil Ditto PART I—Acts
.. Nil Ditto PART II—Ordinances
.. Nil Ditto PART III—Delegated Legislation
.. Nil Ditto PART IV—Correction slips, Republications and Replacements .. NilPUNJAB GOVT. GAZ., JANUARY 5, 2024 (PAUSA 15, 1945 SAKA) PART I]
Published by Authority
No. 1] CHANDIGARH, FRIDAY, JANUARY 5, 2024 (PAUSA 15, 1945 SAKA)
PART I
Punjab Government Notifications and Orders
GOVERNMENT OF PUNJAB
DEPARTMENT OF POWER
(ENERGY BRANCH)
NOTIFICATION
The 31st October, 2022
No.10/114/2022-EV4/3812.-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 Lakshmi Steel Rolling Mills having its manufacturing unit located atVillage-Alour, Badinpur Road, Khanna, District Ludhiana from the payment of electricity duty (except Social Security Fund) for a period of seven years,in terms of the Detailed Schemes and Operational Guidelines, 2018 (Industrial and Business Development Policy, 2017) in public interest subject to the following conditions, namely:-
CONDITIONS
(i) the exemption, shall be granted to the said Firm for manufacturing of hot-rolled and cold-rolled products of steel 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/3316, dated the 05th August, 2022;
(ii) the exemption shall be granted for the period from the 20th April, 2022 to 04th May, 2027 or the date of exhaustion or utilization of quantum of eligible incentive i.e. rupees 3,84,80,000/- (rupees three crore eighty-four lakh eighty thousand only) whichever is earlier, as per the Eligibility Certificate dated 05th August, 2022. However, the date of commercial production of the Unit is certified as 05th May, 2020.
As the unit has already availed Electricity Duty exemption under Fiscal Incentive Investment Promoton (Revised) policy 2013, the eligibility period of which is upto 19.04.2022 and as per one time option given by the investor, the period of exemption from Electricity Duty approved by District Level Committee is 20thApril, 2022 to 04thMay, 2027;
(iii) in the event of any revision of rate of electricity duty at any subsequent point of time, the exemption to
( 1 )2 PART I] PUNJAB GOVT. GAZ., JANUARY 5, 2024 (PAUSA 15, 1945 SAKA) 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 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, Ludhiana vide Endorsement No. DIC/LDH/3316, dated the 05th August, 2022; and
(viii) in case any excess claimed exemption is detected at any point of time, it shall be liable for recovery and penal action under the provisions of the said Act.
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 provision of the said Act 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 and the rules made thereunder and the 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 28th October, 2022
Department of Power