Tag: Royalty is not a tax

India: SC allows States to collect mineral tax with retrospective effect from April 2005

Aug 14, 2024

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by

Vaibhav Dubey

in Fines/Lumps

The Supreme Court on Wednesday, 14 August 2024, allowed states to collect past dues on royalty on mineral-bearing land from the Centre and mining companies from 1 April, 2005 onwards. A nine-judge SC bench held that the tax on mineral rights and mineral lands will apply from 1 April 2005. The apex court has clarified…