Published by Authority
No. 2] CHANDIGARH, FRIDAY, JANUARY 12, 2024 (PAUSA 22, 1945 SAKA)
PART I
Punjab Government Notifications and Orders
GOVERNMENT OF PUNJAB
DEPARTMENT OF POWER
(ENERGY BRANCH)
NOTIFICATION
The 2nd August, 2022
No.10/60/2022/EV4/2917.-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 Parshotam Lal & Company, having its manufacturing Unit located at Faridkot Road, Guruharshai, Tehsil Guruharsahai, District Ferozepur from the payment of electricity duty (except Social Security Fund) for a period of ten years, in terms of the Detailed Scheme 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 Rice, Rice Bran, Khudi Phuk, Cleaning, Grading and Polishing as per the conditions contained in the Eligibility Certificate issued by the Convener-cum-General Manager District Level Committee, District Industries Centre, Ferozepur vide Endorsement No. 657, dated the 15th June, 2022;
(ii) the exemption shall be granted for the period from the 01st February, 2022 to 31st January, 2032 or the date of exhaustion or utilization of quantum of eligible incentive i.e. rupees 3,96,31,000/- (rupees three crore, ninety-six lakh and thirty-one thousands only) whichever is earlier, as per the Eligibility Certificate dated 15th June, 2022. However, the date of commercial production of the Unit after expansion is certified as 01st February, 2022;
(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;
PART I] PUNJAB GOVT. GAZ., JANUARY 12, 2024 (PAUSA 22, 1945 SAKA) 15 (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 TheChief 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, District Industries Centre, Ferozepur vide Endorsement No. 657, dated the 15th June, 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 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 and 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 1st August, 2022
Department of Power