https://www.taxtmi.com/caselaws?id=282491 The fourth proviso to Section 14 of the Electricity Act, 2003 was read as preserving the non-inconsistent provisions of the Damodar Valley Corporation Act, 1948 for tariff determination, and those preserved provisions were held to prevail over conflicting tariff regulations. On tariff heads, the treatment of depreciation and sinking fund was upheld, the debt-equity ratio was accepted, recovery of pension and gratuity liabilities through tariff was sustained, and common expenditure attributable to the Corporation's mandatory non-power activities was also allowed. The two-year transition period and the choice of the Central Electricity Regulatory Commission were sustained, given the Corporation's special statutory functions and central ownership. en-us Mon, 23 Jul 2018 00:00:00 +0530 Fri, 09 Aug 2019 13:56:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282491 The fourth proviso to Section 14 of the Electricity Act, 2003 was read as preserving the non-inconsistent provisions of the Damodar Valley Corporation Act, 1948 for tariff determination, and those preserved provisions were held to prevail over conflicting tariff regulations. On tariff heads, the treatment of depreciation and sinking fund was upheld, the debt-equity ratio was accepted, recovery of pension and gratuity liabilities through tariff was sustained, and common expenditure attributable to the Corporation's mandatory non-power activities was also allowed. The two-year transition period and the choice of the Central Electricity Regulatory Commission were sustained, given the Corporation's special statutory functions and central ownership. Case-Laws Indian Laws Mon, 23 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282491