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PUNJAB GOVT. GAZ., APRIL 5, 2024 (CHTR 16, 1946 SAKA)

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Published by Authority

No. 14]

CHANDIGARH, FRIDAY, APRIL 5, 2024 (CHAITRA 16, 1946 SAKA)

PART I

Punjab Government Notifications and Orders

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GOVERNMENT OF PUNJAB

DEPARTMENT OF POWER

(ENERGY BRANCH)

NOTIFICATION

The 28th July, 2022

No.10/58/2022-EV4/2730.-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 Forgix Private Limited having its

manufacturing unit located at Village Jandiali, Budhewal Road, 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 and subject to the following

conditions, namely:-

CONDITIONS

(i)

the exemption, shall be granted to the said Firm for its unit of Forging, Pressing, Stamping and Roll-

forming of Metal and Powder Metallurgy 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/2129 dated 25th May, 2022;

(ii)

the exemption shall be granted for the period from the 07th October, 2021 to 06th October, 2028 as per

the Eligibility Certificate dated 25th May, 2022. The date of commercial production of the unit is certified

as 15th January, 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;

(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 Chief

PART I]

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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 aren 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 vide Endorsement No.DIC/LDH/2129 dated

25th May, 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 there under 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 26th July, 2022

Department of Power.

3076/4-2024/Pb. Govt. Press, S.A.S. Nagar