What mining royalty do I pay for minerals extracted near Madurai?
IM Asked by Imran Sheikh from India
Quick Answer
Mining royalty near Madurai is fixed by the Tamil Nadu Rent Control Act 1960 on the basis of mineral value and quantity.
Detailed Legal Analysis
Mining royalty near Madurai is fixed by the Tamil Nadu Rent Control Act 1960 on the basis of mineral value and quantity. The Madras High Court has held that royalty is a consideration for a mineral concession, not a tax.
You pay royalty to the state through the lessee. The rate is notified by the central government and adopted by states.
Arrears attract interest. Non-payment can lead to cancellation of the lease.
A dispute goes to the mining tribunal.
Disclaimer: AI-generated for educational purposes only. Does not constitute legal advice. Consult a qualified practitioner.