990

PUNJAB GOVT. GAZ., DECEMBER 20, 2024 (AGHN 29, 1946 SAKA)

PART I]

Published by Authority

No. 51]

CHANDIGARH, FRIDAY, DECEMBER 20, 2024 (AGRAHAYANA 29, 1946 SAKA)

CONTENTS

Pages

PART I—Punjab Government Notifications and Orders

.. 991-1008

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 ;

.. 579-591

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

PART I]

PUNJAB GOVT. GAZ., DECEMBER 20, 2024 (AGHN 29, 1946 SAKA)

991

Published by Authority

No. 51]

CHANDIGARH, FRIDAY, DECEMBER 20, 2024 (AGRAHAYANA 29, 1946 SAKA)

PART I

Punjab Government Notifications and Orders

GOVERNMENT OF PUNJAB

DEPARTMENT OF POWER

(ENERGY BRANCH)

NOTIFICATION

The 30th June, 2023

No.10/74/2023-EV4/2998.-In exercise of the powers conferred by section 12 of the Punjab Electricity

(Duty) Act, 2005 (Punjab Act 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 Bansal Ispat Udyog having its

manufacturing unit located at Village Ajnali, Grand Trunck Road, Sirhind Side, Mandi Gobindgarh,

Tehsil Amloh, District Fatehgarh Sahib 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 H.R. Coil Round Flat and TMT

Bar as per the conditions contained in the Eligibility Certificate issued bythe Convener-cum-Joint Director

(Incentive) State Level Committee, vide Endorsement. No. Inc/FI/IBDP/299/Bansal Ispat/FGS/1848-A,

dated the 24th April, 2023/ 02nd May, 2023;

(ii) the exemption shall be granted from the 2nd December, 2021 to 1st December, 2028 or the date of

exhaustion or utilization of quantum of eligible incentive i.e. rupees 22,22,93,000 (rupees twenty-two

crore twenty-two lakh-ninty three thousand only) whichever is earlier, as per the Eligibility Certificate

dated the 24th April, 2023/ 02nd May, 2023. However, the date of commercial production of the Unit

after expansion is certified as 02nd December, 2021;

( 991 )

992

PUNJAB GOVT. GAZ., DECEMBER 20, 2024 (AGHN 29, 1946 SAKA)

PART I]

(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

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-

Joint Director (Incentive) State Level Committee, vide Endorsement No. Inc/FI/IBDP/299/Bansal

Ispat/FGS/1848-A, dated the 24th April, 2023/02nd May, 2023; and

(viii) in case any exemption claimed in excess 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 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 23rd June,2023

Department of Power.

3269/12-2024/Pb. Govt. Press, S.A.S. Nagar