PART I]
PUNJAB GOVT. GAZ., APRIL 19, 2024 (CHTR 30, 1946 SAKA)
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Published by Authority
No. 16]
CHANDIGARH, FRIDAY, APRIL 19, 2024 (CHAITRA 30, 1946 SAKA)
PART I
Punjab Government Notifications and Orders
( 197 )
GOVERNMENT OF PUNJAB
DEPARTMENT OF POWER
(ENERGY BRANCH)
NOTIFICATION
The 2nd August, 2022
No.10/55/2022-EV4/2902.-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 Amar Singh Chawalwala (Unit-II),
Village Chabba, Tarn Taran Road, Amritsar from the payment of electricity duty (except Social Security
Fund) for a period of ten years, in public interest subject, to the following conditions, namely: -
CONDITIONS
(i)
the exemption, shall be granted to the said firm for its manufacturing unit at Village Chabba, Tarn Taran
Road, Amritsar up to an amount of twenty-three percent (23%)of fixed capital invesment as per the
conditions contained in the eligibility certificate issued by the Convener-cum-Joint Director (Incentive),
State Level Committee vide no. Inc/FI/FIIP/21/AS Chawalwala/Asr./348-A, dated the 25th January,
2022;
(ii)
the aforesaid Fixed Capital Investment (FCI) for incentives shall be rupees 25,55,18,138 (rupees twenty-
five crore fifty-five lakh eighteen thousand one hundred and thirty eight only) as approved by State
Level Committee in its meeting held on the 06th January, 2022;
(iii)
the eligibility period for availing the electricity duty exemption shall be ten years i.e. from 07th October,
2015 to 06th October, 2025 or till the date of exhaustion or utilization of quantum of eligible incentives
i.e. rupees 5,87,69,171/- (rupees five crore eighty-seven lakh sixty-nine thousand one hundred and
seventy one only) i.e. twenty three percent (23%) of fixed capital investment whichever is earlier.
However, the date of commercial operation is 17th October, 2017;
(iv)
no incentive shall be provided for the period between the Date of Approval and the Date of Commercial
Production i.e. 07th October, 2015 to 16th October, 2017 as per FIIP(R) 2013;
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PUNJAB GOVT. GAZ., APRIL 19, 2024 (CHTR 30, 1946 SAKA)
PART I]
(v)
in the event of any revision of rate of electricity duty at any subsequent point of time, exemption to the
extent of revised 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 power by the Firm 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 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-Joint Director (Incentive), State Level Committee, vide Endorsement No. Inc/FI/FIIP/21/Asr./
348-A, dated the 25th January, 2022; and
(x)
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 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 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 be automatically cease for which the owner of the Unit shall be responsible.
Sd/-
TEJVEER SINGH,
Chandigarh
Principal Secretary to Government of Punjab,
The 27th July, 2022
Department of Power.
3082/4-2024/Pb. Govt. Press, S.A.S. Nagar