AdvocateKhoj
Login : Advocate | Client
Home Post Your Case My Account Law College Law Library
  
  
    

The First Schedule

[See Section 16(1)]

Rates of Royalty

1. Brown ilmenite (leucoxene), Ilmenite, Rutile and Zircon Two per cent. of sale price on ad valorem basis.
2. Dolomite Forty rupees per tonne.
3. Garnet Three per cent. of sale price on ad valorem basis.
4. Gold One and half per cent. of London Bullion Market Association price (commonly referred to as "London Price") chargeable on the contained gold metal in ore produced.
5. Limestone and Lime mud Forty rupees per tone.
6. Manganese Ore Three per cent. of sale price on ad valorem basis.
7. Monazite One hundred and twenty-five rupees per tonne.
8. Sillimanite Two and half per cent. of sale price on ad valorembasis.
9. Silver Five per cent. of London metal Exchange price chargeable on the contained silver metal in ore produced.
10. All other minerals not hereinbefore specified. Ten per cent. of sale price on ad valorem basis.








  

Client Area | Advocate Area | Blogs | About Us | User Agreement | Privacy Policy | Advertise | Media Coverage | Contact Us | Site Map
Powered by Neosys Inc
Information provided on advocatekhoj.com is solely available at your request for informational purposes only and should not be interpreted as soliciting or advertisement