NEW DELHI: The Supreme Court docket dominated on Wednesday that mineral-rich states can acquire royalties and taxes on minerals-bearing land from April 1, 2005, from the Central and mining firms.
The highest courtroom’s choice permits these states to get well excellent dues in a staggered method over the subsequent 12 years. Nonetheless, states are prohibited from charging penalties or curiosity on the arrears.
A nine-judge bench, led by Chief Justice DY Chandrachud, upheld the states’ proper to levy royalties and taxes on mineral-bearing land.
The bench on Wednesday rejected the mineral space improvement authority’s request to implement these levies solely prospectively. The courtroom clarified that whereas states are entitled to gather these previous dues, they’re prohibited from imposing penalties or curiosity on the arrears.
The highest courtroom’s choice permits these states to get well excellent dues in a staggered method over the subsequent 12 years. Nonetheless, states are prohibited from charging penalties or curiosity on the arrears.
A nine-judge bench, led by Chief Justice DY Chandrachud, upheld the states’ proper to levy royalties and taxes on mineral-bearing land.
The bench on Wednesday rejected the mineral space improvement authority’s request to implement these levies solely prospectively. The courtroom clarified that whereas states are entitled to gather these previous dues, they’re prohibited from imposing penalties or curiosity on the arrears.
