The Telegraph
Wednesday , October 17 , 2012
Since 1st March, 1999
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KYC form mandatory for all

- 3 cylinders till March 31, unique identity for consumers

All cooking gas consumers in the state would have to fill up the KYC form, senior Indian Oil Corporation officials said on Tuesday.

“The oil marketing companies have undertaken the KYC (know your customer) exercise in a phased manner starting with the consumers with multiple connections. It (furnishing of KYC) is mandatory for all the customers in Bihar. The idea behind this is to ensure that genuine customers get LPG cylinders without any difficulty,” Sajjan Kumar, the state IOC general manager, said.

According to rulebook, only one LPG connection per household is permitted, he said, adding that KYC would let the company know about the LPG connections a family have.

About the October 31 deadline for submitting KYC forms, Kumar said it had been fixed for customers suspected of having multiple connections. He, however, made it clear that there was no hard and fast rule for filling up the KYC forms for customers having single connection in his/her name by the end of October. “They can fill up the form till the end of December,” he said.

Three types of customers have to fill up the KYC forms before October 31, failing which the firms would block LPG supply to them, Kumar said. The first category of consumers are those who have more than one LPG connection at the same address under the same name, he said. The supply had already been blocked to them, he said. The second category comprises those who have more than one connection at the same address but under names of different family members. The third segment is those who have mentioned their names with incomplete addresses, Kumar said.

“Each consumer will get three subsidised cylinders till March 2013 irrespective of the number of cylinders they have used till September,” he said, adding that the consumers would be issued a unique 10-digit number to make the system foolproof.