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SC Upholds Royalty-on-Royalty Computation Under MMDR Rules

Case Law Details

Case Name
Kirloskar Ferrous Industries Ltd. And Anr. Vs Union of India & Anr. (Supreme Court of India)
Date of Judgement/Order
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Kirloskar Ferrous Industries Ltd. And Anr. Vs Union of India & Anr. (Supreme Court of India) Material Facts The petitioners challenged the constitutional validity of the Explanation to Rule 38 of the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016 and the identical Explanation to Rule 45(8)(a) of the Mineral Conservation and Development Rules, 2017. The challenge was confined to the provisions requiring that, while computing sale value, no deduction be made for royalty, contributions to the District Mineral Foundation (DMF) and the National Mineral Exp...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,080

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