Section 11
Application To Be Made For Fixation Of Tariff
The service provider shall make an application in the prescribed format, accompanied by the following details, to the Commission on having the tariff fixed:
(a) Criteria on which the proposed tariff has to be fixed,
(b) If the rate of the tariff has to be changed, grounds thereof,
(c) A comparative price index so prepared as clearly reflecting the tariff being collected previously and the rate of proposed tariff,
(d) Reasonable profit that the service provider may earn from the tariff proposed by the service provider, also taking into account of the operational and repair and maintenance expenses of the service, depreciation, repayment of principal and interest of loans borrowed by the service provider for the operation of the service, and expenses that may increase as a result of annual price hike,
(e) If the proposed tariff does not appear to be adequate to maintain the expenses as referred to in Clause (d) and earn profits or if the tariff cannot be increased for the time being, reasonable grounds of the financial source and long-term planning identified by the service provider,
(f) A comparative analysis of yearly increase in operational expenses of the service and the proposed tariff,
(g) Grounds set in relation to providing concession of tariff to the users who cannot afford the proposed tariff and likely additional burden on the other users as a result of such tariff concession,
(h) Where the service provider has obtained license from or entered agreement with any body established under the prevailing laws to operate the service, a copy of such a license or agreement,
(i) Such other matters as prescribed.