(1) The trading licensee shall calculate the expected revenue from charges, which, it is permitted to recover as a trading margin, in accordance with the provisions of the Act, the regulations of the Commission, the tariff terms and conditions and other guidelines, orders and directions issued by the Commission from time to time.
(2) The trading licensee shall file the expected revenue calculation in the manner provided in and consistent with the regulations framed under section 61 of the Act.
(3) Unless otherwise provided in the specific conditions or in any order or direction made by the Commission the trading licensee shall every year, not later than 30 th November, submit to the Commission a statement with full details of its expected aggregate revenues and cost of service for the ensuing financial year for its licensed business, based on the trading margin allowed by the Commission, in accordance with the provisions of the Act and the regulations, guidelines and 1 orders issued by the Commission from time to time.
1 For Fixation of Intra-State Trading Margin Order, 2008 see Not. No. HPERC/382 dated 5 th Sept., 2008, published in R H.P. dated 26 th Sept., 2008 at p. 3973-3974.
Compendium of HPERC Regulations, March 2021 9