This notification, issued by the Petroleum and Natural Gas Regulatory Board (PNGRB) on March 27, 2020, introduces the Petroleum and Natural Gas Regulatory Board Determination of Natural Gas Pipeline Tariff Amendment Regulations, 2020. These regulations amend the Petroleum and Natural Gas Regulatory Board Determination of Natural Gas Pipeline Tariff Regulations, 2008, specifically Schedule A, paragraph 3. The amendment clarifies that when an entity has multiple nominal income tax rates available, the lowest rate will be used to gross-up the post-tax rate of return of twelve percent when calculating the pre-tax rate of return on capital employed. The regulations take effect on the date of publication in the Official Gazette. The notification number is F.No. PNGRB/COM2-NGPLTariff/3-2019 (Vol-II). The Principal regulations were notified vide G.S.R. 807(E), dated 20.11.2008 and amended vide G.S.R. 986(E), dated 20.12.2010, F.No. PNGRB/MC/1-Final Tariff Filing, dated 30.05.2012, F. No. PSSecy./MC/2012, dated 13.09.2012, F. No. PNGRB/MC/48, dated 17.02.2014, F.No. PNGRB/MC/100, dated 27.02.2014, F.No. LMIS/CVII-2007, dated 01.01.2015, F.No. PNGRB/MC/110, dated 08.01.2016 and F.No. PNGRB/COM2-NGPL Tariff/3-2019, dated 27.05.2019.
Key Entities Referenced
Petroleum and Natural Gas Regulatory Board: A regulatory body in India responsible for the petroleum and natural gas sector.
Petroleum and Natural Gas Regulatory Board Act, 2006: An Indian law that established the Petroleum and Natural Gas Regulatory Board.
Petroleum and Natural Gas Regulatory Board Determination of Natural Gas Pipeline Tariff Regulations, 2008: Regulations established by the Petroleum and Natural Gas Regulatory Board governing natural gas pipeline tariffs.
Petroleum and Natural Gas Regulatory Board Determination of Natural Gas Pipeline Tariff Amendment Regulations, 2020: Amendments made in 2020 to the 2008 regulations concerning natural gas pipeline tariffs.
New Delhi: The location where the notification was issued.
VANDANA SHARMA: Secretary of the regulatory board who signed the notification
Section 61: Section of the Petroleum and Natural Gas Regulatory Board Act, 2006 that grants the board certain powers.
Official Gazette: The official government publication where the regulations are published.
रजजस्ट्री स.ं डी.एल.-33004/99 REGD. NO. D. L.-33004/99
सी.जी.-डी.एxलx.x-GअI.D-H2x7x0x3 2020-218943
CG-DLxx-xEG-I2D7E0x3x2x0 20-218943
ऄसाधारण
EXTRAORDINARY
भाग III—खण्ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 136] नइ ददल्ली, िक्रु िार, माच ड27, 2020/चत्रै 7, 1942
No. 136] NEW DELHI, FRIDAY, MARCH 27, 2020/CHAITRA 7, 1942
परे ोजलयम और प्राकृजतक गसै जिजनयामक बोड ड
ऄजधसचू ना
नइ ददल्ली, 27 माचड, 2020
फा. स.ं पीएनजीअरबी/िाजणजययक/2-एनजीपीएल/िल्ु क (3)/2019/खडं -II.—पेरोजलयम और प्राकृजतक गैस
जिजनयामक बोडड ऄजधजनयम, 2006 (2006 का 19) की धारा 61 की ईप-धारा (2) के खंड (छ) द्वारा प्रदत्त िजियों
का प्रयोग करते हुए पेरोजलयम और प्राकृजतक गैस जिजनयामक बोडड एतद्द्वारा पेरोजलयम और प्राकृजतक गैस
जिजनयामक बोडड (प्राकृजतक गैस पाआपलाआन िुल्क का जनधाडरण) जिजनयम, 2008 म ें अग े संिोधन करन े के जलए
जनम्नजलजखत जिजनयम बनाता ह,ै नामतः:-
1. सजं िप्त िीर्कड और प्रारंभण :-
(1) आन जिजनयमों को पेरोजलयम और प्राकृजतक गैस जिजनयामक बोडड (प्राकृजतक गैस पाआपलाआन िुल्क
का जनधाडरण) संिोधन जिजनयम, 2020 कहा जाएगा।
(2) ये िासकीय राजपत्र म ें आनके प्रकािन की तारीख़ स े प्रिृत्त होंग।े
2. पेरोजलयम और प्राकृजतक गैस जिजनयामक बोडड (प्राकृजतक गैस पाआपलाआन िुल्क का जनधाडरण) जिजनयम,
2008 म ेंऄनुसूची क के खंड 3 में स्ट्पष्टीकरण सजममजलत होगा, नामतः
“स्ट्पष्टीकरण: संिय को दरू करने के जलए यह स्ट्पष्ट दकया जाता ह ै दक यदद कंपनी के जलए अयकर स े
संबंजधत जिजध के ऄंतगडत जिकल्प के रूप म ें अयकर की एक स े ऄजधक नाममात्र दरें ईपलब्ध ह ैं तो
पूंजीगत जनयोजजत पर पूिड-कर की दर की गणना के जलए बारह प्रजतित की िापसी की दर अयकर की
ऐसी नाममात्र दरों में स ेसबसे कम कर के बाद की अय की गणना के ईद्देश्य से मानी जाएगी।"
िन्दना िमा,ड सजचि
[जिज्ञापन-III/4/ऄसा./521/19]
1621 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
पाद टिप्पणी : मुख्य जिजनयम सा.का.जन. 807(ऄ), ददनांक 20/11/2008 के माध्यम से ऄजधसूजचत हुए थे और
सा.का.जन. 986(ऄ), ददनांक 20/12/2010, फा. सं. पीएनजीअरबी/एम(सी)/11/फाआनल िल्ु क
फाआललग, ददनांक 30/5/2012, फा.सं.पीएस/एसइसीिाय./एम (सी)/2012, ददनांक 13/9/2012,
फा. सं. पीएनजीअरबी/एम(सी)/48, ददनांक 17/2/2014, फा. सं. पीएनजीअरबी/एम(सी)/100,
ददनांक 27/2/2014, फा. सं. एल-जमस/VI/I/2007, ददनांक 01/01/2015, फा. सं.
पीएनजीअरबी/एम(सी)/110, ददनांक 08/01/2016 और फा. सं. पीएनजीअरबी/िाजण./2
एनजीपीएल िल्ु क (3)/2019, ददनांक 27/5/2019 के माध्यम से संिोजधत दकए गए थे।
PETROLEUM AND NATURAL GAS REGULATORY BOARD
NOTIFICATION
New Delhi, the 27th March, 2020
F.No. PNGRB/COM/2-NGPL/Tariff (3)/2019 Vol-II.—In exercise of the powers conferred
by clause (g) of sub-section (2) of Section 61 of the Petroleum and Natural Gas Regulatory Board
Act, 2006 (19 of 2006), the Petroleum and Natural Gas Regulatory Board hereby makes the following
regulations further to amend the Petroleum and Natural Gas Regulatory Board (Determination of
Natural Gas Pipeline Tariff) Regulations, 2008, namely: --
1. Short title and commencement.
(1) These regulations may be called Petroleum and Natural Gas Regulatory Board
(Determination of Natural Gas Pipeline Tariff) Amendment Regulations, 2020.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Petroleum and Natural Gas Regulatory Board (Determination of Natural Gas Pipeline
Tariff) Regulations, 2008, in Schedule A, in paragraph 3, the following explanation shall be
inserted namely:-
“Explanation- For removal of doubt, it is clarified that in case more than one nominal rates of
income tax are available as an option to the entity under the law relating to income tax, the
lowest of such nominal rates of income tax shall be considered for the purpose of grossing-up
the post-tax rate of return of twelve per cent for computing pre-tax rate of return on capital
employed.”
VANDANA SHARMA, Secy.
[ADVT.-III/4/Exty./521/19]
Foot Note : Principal regulations were notified vide G.S.R. 807(E), dated 20.11.2008 and amended
vide G.S.R. 986(E), dated 20.12.2010, F.No. PNGRB/M(C)/11/Final Tariff Filing, dated
30.05.2012, F. No. PS/Secy./M(C)/2012, dated 13.09.2012, F. No. PNGRB/M(C)/48,
dated 17.02.2014, F.No. PNGRB/M(C)/100, dated 27.02.2014, F.No. L-MISC/VI/I/
2007, dated 01.01.2015, F.No. PNGRB/M(C)/110, dated 08.01.2016 and F.No. PNGRB/
COM/2 NGPL Tariff (3)/2019, dated 27.05.2019
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.