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Submit KYC form or lose subsidised LPG connection

NEW DELHI, Dec 7, 2012, DHNS:
Multiple LPG connection holders beware. Your kitchen fuel is all set to cost double next year if you do not furnish the “Know Your Customer” (KYC) form by December 31.

The government has issued a stern warning that a household owning more than one LPG connection and not submitting the KYC form by the end of this month will not be able to avail of the cooking fuel at subsidised rates.

In reply to a question in the Lok Sabha, Minister of State for Petroleum and Natural Gas Panabaka Lakshmi said that cooking gas connections of multiple LPG holders will automatically be converted into non-exempt category if they fail to deposit their KYC by the prescribed date.

The government, which extended the deadline for filling KYC forms three times since November 15, has asked the public sector oil marketing companies to act tough this time
and stick to the December-end deadline.

“The extended date for filling the KYC formalities is 31.12.2012. The LPG gas connection of multiple connection holders who fail to furnish the KYC forms by this date, will be converted into Non Domestic Exempt Categories rate connections,” Lakshmi said.
While a subsidised LPG cylinder weighing 14.2 kg costs Rs 410.50 in Delhi, the non-subsidised one is available only at around Rs 900.

The OMCs have resorted to a nationwide exercise to weed out multiple or ghost connections at same address after the September decision to cap supply of subsidised LPG refills to six per household in a year.

An Oil Ministry official said that only those figuring in the list of suspected households having multiple connections need to fill KYC form.
The oil companies have so far identified over two crore households with multiple connections at the same addresses under different names.

 

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