The Hindu : 5 p.c. electricity tax levied on consumers

Online edition of India's National Newspaper
Thursday, Aug 28, 2003

Southern States

Southern States - Tamil Nadu

5 p.c. electricity tax levied on consumers

By Our Special Correspondent

CHENNAI AUG. 27. A five per cent electricity tax is being charged on consumers of different segments.

The levy came into force in June consequent upon the Governor's assent to a legislation adopted by the Assembly during the budget session.

Official sources said the authorities had started collecting the tax based on power bill amounts of consumers.

The tax was applicable to all consumers except agriculture, hut services, government buildings and local bodies.

The legislation also provided for levy of a minimum of five per cent and a maximum of 10 per cent on the net charge for energy sold by all licensees including captive power plants (CPPs).

In respect of the CPPs for self-consumption, the minimum rate was 10 paise per unit and the maximum 20 paise per unit, the sources said, adding that the proceeds would go to the Government.

According to the budget document, the tax rationalisation would bring in an additional revenue of Rs. 80 crores in the current year.

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