Updated: Sunday September 25, 2011/AlAhad
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Asvina 03, 1933, at 02:49:39 PM
The Natural Gas (Development Surcharge) Rules, 1967
In exercise of the powers conferred by section 7 of the
Natural Gas (Development Surcharge) Ordinance, 1967 (I of 1967), the Central
Government is pleased to make the following Rules, namely:---
1. Short title.
These Rules may be called the Natural Gas (Development Surcharge) Rules, 1967.
2. Monthly statement.
Every company shall, in respect of each calendar month, submit to the Central
Government, before the close of the month next following, a statement
showing,---
(a) the quantity of natural gas sold;
(b) the rates at which the development charge has been calculated; and
3. Manner and time of payment. Every company shall,---
(a) deposit at the Government treasury the amount of
development surcharge payable by it in respect of the sales during a calendar
month within two months of the close of that month, and
(b) submit to the Central Government, within fifteen days
of such deposit, a statement showing the amount deposited, the number and date
of the treasury challan through which the deposit was made and such other
particulars, if any, as the Central Government may direct.
4. Annual returns.
Every company shall, within thirty days of the close of each calendar year,
submit to the Central Government a consolidated annual return, certified by
their auditors to be correct and true as per company's books, showing, in
respect of each month of that year, the quantity of natural gas sold, the rates
at which the development surcharge has been calculated and the amount of such
surcharge paid.
5. Special procedure in relation to the period from 1st
June, 1964 to 31st December, 1966. The
provisions of Rules 2, 3 and 4 shall not apply to the period commencing on the
1st June, 1964, and ending on the ,31st December, 1966, in respect of which
every company shall,---
(1) Submit to the Central Government, on or before the
15th February, 1967, a consolidated statement, showing in respect of each month
of that period;
(a) the quantity of natural gas sold,
(b) the rates at which the development surcharge has been
calculated; and
(c) the amount of development surcharge payable;
(2) deposit at the Government Treasury, on or before the
15th March, 1967, the amount of development surcharge payable; and
(3) submit to the Central Government, on or before the
30th September, 1967, a consolidated return certified by then auditors to be
correct and true as per company's books, showing, in respect of each month, the
quantity of natural gas sold, the rates at which the development surcharge has
been calculated and the amount of such surcharge.
Oil and Gas
Development Corporation Ordinance, 1961
Natural Gas
(Development Surcharge) Ordinance, 1967
Natural Gas
Regulatory Authority Ordinance, 2000
Natural Gas
Regulatory Authority (Licencing) Rules, 2001
Oil and Gas
Regulatory Authority Ordinance, 2002
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