Cement News tagged under: Jharkhand
Indian Supreme Court ruling assigns duties to mining operations22 August 2024, Published under Cement NewsOn 14 August 2024, the Supreme Court of India issued a ruling allowing states to impose taxation and royalties on minerals separately from government duties. The ruling also allows states to recover historic duties, which may lead to substantial financial obligations for major industries such as cement, steel, and coal. The ruling decreed that royalties paid to states are not considered taxes under the Mines and Minerals (Development and Regulation) Act of 1957. This means that relevant c... |
Page
1
of
1
1