Big Win For Mineral Rich States In Court, Can Collect Past Dues On Royalty | Read
The Supreme Court today allowed mining-rich states to collect past dues on royalties from mining companies. The court ordered that states can impose levies with effect from April 1, 2005 and the payments will be staggered in 12 years.
The bench, however, directed the states to not impose a penalty of any kind on payment of dues.
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