Published by Authority
No. 11] CHANDIGARH, FRIDAY, MARCH 15, 2024 (PHALGUNA 25, 1945 SAKA)
PART I
Punjab Government Notifications and Orders
GOVERNMENT OF PUNJAB
DEPARTMENT OF POWER
(ENERGY BRANCH)
NOTIFICATION
The 12th October, 2022
No.10/106/2022-EV4/3572.-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 Sarita Castings having its manufacturing unit located at Village Rajgarh, HadBast NO.243, Doraha, Tehsil Payal, District Ludhiana 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 subject to the following conditions, namely:-
CONDITIONS
(i) the exemption, shall be granted to the said Firm for casting of iron and steel manufacturing of parts and accessories for motor vechicles, Manufacture of Railway Locomotives and rolling stock 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/2821, dated the 06 July, 2022;
(ii) the exemption shall be granted for the period from the 04 October, 2017 to 03rd October, 2024 as per the Eligibility Certificate dated the 06th July, 2022. However, the date of commercial production of the Unit is certified as the 30th October, 2017:
(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 PART I] PUNJAB GOVT. GAZ., MARCH 15, 2024 (PHGN 25, 1945 SAKA) 115 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 thisUnit 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/2821, dated the 06th July, 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 Auditor 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 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 10th October, 2022
Department of Power.