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On July 29, the Supreme Court of India, in an overwhelming majority of 8:1, declared that the royalty charged on mining is not a tax, affirming that states are competent to levy taxes on mineral rights. This ruling comes in the context of a decades-old case involving the Centre and mineral-rich states. On July 31, the Centre opposed pleas in the Supreme Court seeking a refund of the royalty levied on mines and mineral-bearing lands retrospectively since 1989. The Supreme Court has reserved its order on this matter.
The Supreme Court on Wednesday reserved its order on the issue of whether royalty levied by the Centre on mines and mineral-bearing lands since 1989 https://t.co/m2tYUwB3yZ . . . #supremecourt | #mines | #minerals | #royaltylevied | #minesandminerals | #indianews | #indiaupdates…
Centre Opposes Pleas Seeking Refund Of Royalty On Minerals To States Retrospectively https://t.co/noRm54kYRD
The Centre on July 31 opposed in the Supreme Court a plea of the mineral-rich States seeking a refund of the royalty levied by it on mines and mineral-bearing land since 1989. https://t.co/khpuVfXYEI
