Community Information
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Several states of India fixed royalty rates on mineral assets ad valorem basis except Bengal. Hence Bengal Govt receives low royalty. Bengal govt must amend it retrospectively & bring it at par with other states as SC judgment also now permitted to collect royalty on retrospective basis.
Several states of India fixed royalty rates on mineral assets ad valorem basis except Bengal. Hence Bengal Govt receives low royalty. Bengal govt must amend it retrospectively & bring it at par with other states as SC judgment also now permitted to collect royalty on retrospective basis.4
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