LPG dealers still accepting Know Your Customer forms

City residents welcomed the Centre’s decision to raise the annual cap on subsidised LPG cylinders from six to nine.

City residents welcomed the Centre’s decision to raise the annual cap on subsidised LPG cylinders from six to nine.

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The new cap will come into effect from April 1 but the price remains unchanged at R405 per cylinder.

Meanwhile, out of the 30,000 defaulters identified by LPG dealers in Gurgaon, nearly 30% have not yet submitted their Know Your Customer (KYC) form.

The last date for submission of forms was November 15 last year, which was extended from the initial date of October 31. But LPG agencies are still accepting pending KYC forms.

“Agencies have decided to accept KYC forms that are submitted late. As a penalty, however, they will decide if the defaulter should be included in the subsidy bracket or not,” said Shashikant Sharma, president of the All India LPG Distributor, Gurgaon.

The defaulting consumers are those with multiple gas connections in the same name but different addresses.

Of these, approximately 3,500 consumers have multiple gas connections in the same name and same address.

The KYC form became mandatory in the wake of increasing sale of cylinders in the black market and multiple gas connections becoming common. Gurgaon has about 3.5 lakh LPG consumers and approximately 25 dealers.