Subsidised LPG cylinders: Those who missed Know Your Customer (KYC) deadline to enter high-cost exempted category

Jan 03 2013, 13:51 IST
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SummaryNew rates of subsidised LPG are Rs 437 in PMC and Rs 447 in PCMC area

New rates of subsidised LPG are Rs 437 in PMC and Rs 447 in PCMC area

With the deadline over for submission of the Know Your Customer (KYC) forms on December 31, an official directive has been issued by oil companies that blocked connections of all those who had missed the KYC deadline will be transferred to the exempted category, which means they have to shell out much more for these connections.

Unless the customers submit details, they would continue to have connections blocked, said LPG association state head Usha Poonawalla.

With there still being many customers who have not submitted the KYC, their connections will continue to be blocked and transferring them to the exempted category will see them paying Rs 1,233 instead of the normal subsidised or non-subsidised domestic cylinder.

Meanwhile, oil companies also released the new rates for January which will see subsidised LPG cylinder within PMC costing Rs 437, while in PCMC it will Rs 447. For the non-subsidised LPG cylinder the rates will be Rs 924 for the city while it will be Rs 947 for the PCMC areas and exempted category cylinders to be used by government institutions and hostels will cost Rs 1233 while commercial cylinders will cost Rs 1729 in the city and Rs 1728 in the PCMC area

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