Amendment status not verified — confirm the current text below against the official source.
Added by section 3 (i) of Madras Act VIII of 1945 re-enacted permanently by section 2 of, and the First Schedule to Act VII of 1948. Levy of a duty in certain sales of electrical energy. [Act No.V of 1939] 3 12[Provided that no duty under this sub-section shall be payable on and in respect of sale of energy effected,- (a) by the 13Telangana State Electricity Board to any other licensee; (b) by the National Thermal Power Corporation to the 13Telangana State Electricity Board.] 14[(2) A licensee shall be exempt from duty under sub- section (1) in any month if in the previous month the total sales of energy effected by him at whatever price together with the energy consumed by him for purposes other than those connected with the construction, maintenance and operation of his electrical undertaking, did not exceed 16,666 units: Provided that if at the end of any financial year, it is found that in such year the total sales of energy effected by the licensee at whatever price together with the energy consumed by him for purposes other than those connected with the construction, maintenance and operation of his electrical undertaking, were not less than 200,000 units, the licensee shall pay the duty in respect of any month or months comprised in such year in which the total of the sales and of the consumption as aforesaid did not exceed 16,666 units.] (3) Where a licensee holds more than one licence, duty shall be calculated and levied under this section separately in respect of each licence.