Tag: royalty on royalty
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India: Supreme Court upholds existing iron ore average sale price framework
Royalty, DMF, NMEDT levies to remain part of sale value for ASP calculation Ruling offers no immediate relief to miners on royalty-linked cost concerns The Supreme Court has upheld the existing pricing framework for the calculation of the iron ore average sale price (ASP) in its recent judgement, bringing clarity to the mining and steel industries.…