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Multiple LPG connections holders must fill up KYC forms to avail subsidy

Friday, 7 December 2012 - 3:42pm IST | Place: New Delhi | Agency: PTI
In a written reply to a question in Lok Sabha, minister of state for petroleum and natural gas Panabaaka Lakshmi said the extended date for fulfilling the KYC formalities is December 31.

Cooking gas (LPG) consumers with multiple connections who do not submit Know Your Customer (KYC) forms by the month-end will lose subsidised LPG supply and will be charged commercial rates, the government said on Friday.

"The LPG gas connection of those multiple LPG connections holder who fail to furnish the KYC forms by the prescribed date, will be suo motu converted into Non-Domestic Exempted Categories (NDEC) rate connections," minister of state for petroleum and natural gas Panabaaka Lakshmi told the Lok Sabha.

The government in September decided to restrict supply of subsidised cooking gas (LPG) to six cylinders of 14.2-kg each per household in a year. Any additional requirement is to be bought at non-subsidised rate. The subsidised LPG costs Rs410.50 per cylinder in Delhi and additional requirements for domestic use are to be procured at Rs895.50 per 14.2-kg unit.

A 14.2-kg cylinder for non-domestic use is charged commercial rate as is referred to as NDEC. A 14.2-kg cylinder under NDEC costs Rs1,156. In a written reply to a question in Lok Sabha, she said the extended date for fulfilling the KYC formalities is December 31.

In a nationwide exercise to weed out multiple or ghost connections, the government had previously set November 15 as the deadline for customers to submit their duly filed KYC forms with their respective distributors. Only multiple connection holders should submit the KYC details before the new deadline, officials said, adding oil companies have identified over 2 crore households with multiple connections have been taken at the same addresses under different names.




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