Iron Ore, Royalty and Excise duty

Royalty on Iron ore -An overview with a special reference ...

2016-9-9 · Royalty on Iron ore -An overview with a special reference to India Dr. P. K. Jain Abstract - Levy of royalty on minerals is a universal concept. Royalty in law means a payment made to the owner of certain types of rights by those who ... Panchayat tax) and stamp duty. The royalty is a variable return and it varies with the quantity of minerals ...

Excise duty on iron ore [Resolved] | Excise

2011-8-23 · 25 August 2011 Iunderstand that it will be charged as per the tariff rate but as per 4/2006 iron ore is exmpted from excise duty so please tell me wheather there is

Chapter 72: Iron and Steel Central Excise Duty and Tariff.

7203. India Central Excise Duty of Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms; Iron Having Minimum Purity By Weight Of 99.94%, In Lumps, Pellets Or Similar Forms. 7204. India Central Excise Duty of Ferrous waste and scrap; remelting scrap ingots of iron or steel.

CENTRAL EXCISE - hostgator.co

2013-8-26 · No Central excise duty is leviable on iron ore concentrate. 2. Whether the addition and mixing of polymers and additives to base bitumen results in the manufacture of a new marketable commodity and as such exigible to excise duty? CCE v. Osnar

26011140 - Iron ore fines (below 62% fe) Central Excise ...

2021-8-19 · 26011140 - Iron ore fines (below 62% fe) Search updated Central Excise Duty and Tariff of Years 2009, 2008, 2007 and 2006. Details of Modvat and cenvat.

State Government Mining Royalties: Requited Taxes or ...

2006-5-24 · Certain mining royalties could be deemed duties of excise on the basis of the principles held by the ... Platinoids, Silver), 7.5% (Bauxite, Calcite, Diamonds, Gems, Precious & Semi-Precious Stones, Iron Ore [lump ore], Manganese and Quartz Crystal) and 5% for all other minerals with some minimum value per tonne for Garnet, Ilmenite, Leucoxene ...

Mining Industry Overview - IRS tax forms

2012-7-31 · 1964 272 Disposal of Coal or Domestic Iron Ore 1964 631 Sales & Exchanges of Timber, Coal, or Domestic Iron Ore 1969 636 Mineral Production Payments 1977 192 Contributions to Black Lung Trust 1984 468 Mine Reclamation and Closing 1984 29 Nonconventional Fuel Credit 1984 291(a)(2) Reduction in Percentage Depletion

Rates of Royalty - IBM

2 天前 · Rates of Royalty in respect of item 11 relating to Coal including Lignite as revised vide notification number G.S.R. 572(E), dated the 16th August, 2002 of Government of India, in the Department of Coal, will remain in force until revised through a separate notification by

service tax mining royalty

service tax mining royalty, Income Tax, Goods and services Tax, GST, Service Tax, Central Excise, Custom, Wealth Tax, Foreign Exchange Management, FEMA, Delhi Value ...

GST on royalty for Mining Lease including exploration ...

2019-9-21 · The royalty paid in respect of Mining Lease is a part of the consideration payable for the Licensing services for right to use minerals including exploration and evaluation falling under the Head 9973 which is taxable at the rate applicable on supply of like goods involving transfer of title in goods upto 31.12.2018 and taxable at 9% CGST and 9 ...

26011140 - Iron ore fines (below 62% fe) Central Excise ...

2021-8-19 · 26011140 - Iron ore fines (below 62% fe) Search updated Central Excise Duty and Tariff of Years 2009, 2008, 2007 and 2006. Details of Modvat and cenvat.

CENTRAL EXCISE - hostgator.co

2013-8-26 · No Central excise duty is leviable on iron ore concentrate. 2. Whether the addition and mixing of polymers and additives to base bitumen results in the manufacture of a new marketable commodity and as such exigible to excise duty? CCE v. Osnar

APPENDIX - IV CESS ON IRON ORE Act, 1976 (55 of 1976)

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New tax and excise rates approved by Verkhovna Rada ...

2021-7-1 · Subsoil -use royalties and taxes. The amended policy (a) introduces graduated rate system for royalties on iron ore to bring it in line with IODEX 62% FE CFR China, (b) lowers rates of iron ore royalties – from 11-12% to 3,5-10%, (c) updates calculating rates for rental payments on special uses of water . Land and farming tax amendments

Rates of Royalty - IBM

2 天前 · Rates of Royalty in respect of item 11 relating to Coal including Lignite as revised vide notification number G.S.R. 572(E), dated the 16th August, 2002 of Government of India, in the Department of Coal, will remain in force until revised through a separate notification by

Compilation of Royalty on Iron ore in different States of ...

2018-7-18 · Royalty is the payment of tax to the Government (owner of mineral) for the privilege granted for extraction and processing of minerals. The system of levying of royalties for Iron ore is enacted in the Section 9 (3) of Mines and Minerals (Regulation & Development) Act (MMDR) 1957. The relevant provisions of Royalty on minerals are administered ...

Calzada, Manuel --- "State Government Mining Royalties ...

2019-4-15 · To the extent that a royalty payment secures access to the particular resource, by which I mean the extraction of raw materials [ores], it is requited and therefore not a duty of excise. However to the extent that a payment taxes a step in the production of a good from the raw materials it could be argued that the payment constitutes a duty of ...

Philippine Mining and Minerals Industry - Triple i ...

The Philippines is situated along a well-defined belt of volcanoes called the Circum-Pacific Rim of Fire where the process of volcanism and plate convergence resulted in the formation of abundant and important metallic mineral deposits of gold, copper, iron, chromite, nickel, cobalt and platinum.

Mining taxes and royalties remain strong pillar for ...

2020-5-13 · “These tax and royalty payments again demonstrate how the minerals sector had underpinned Australia’s prosperity for decades.” Iron ore helped last year’s record tax/royalty take The growth in taxes and royalties paid by miners has been generally strong over 11 financial years, reflecting the explosion of mine development and expansion ...

GST on royalty for Mining Lease including exploration ...

2019-9-21 · The royalty paid in respect of Mining Lease is a part of the consideration payable for the Licensing services for right to use minerals including exploration and evaluation falling under the Head 9973 which is taxable at the rate applicable on supply of like goods involving transfer of title in goods upto 31.12.2018 and taxable at 9% CGST and 9 ...

IV CESS ON IRON ORE Act, 1976 (55 of 1976) - Service Tax

2017-11-27 · Chrome Ore Mines Labour Welfare Cess Act, 1976(No. 55 of 1976), the Central Government hereby fixes, with effect from 1st August, 1990, the rate of one rupee per metric tonne as the rate at which the duty of excise and duty of customs on all iron ore produced in any mine for the purpose of the said Act, shall be levied and collected as cess.

APPENDIX - IV CESS ON IRON ORE Act, 1976 (55 of 1976)

2021-5-25 · excise€and€duty€of€customs€on€all€iron ore€produced€in€any€mine€for€the€purpose€of€the€said€Act,€shall€be levied€and€collected€as€cess. Footnote: The€notification€fixing€the€rate€of€cess€on€iron€ore€produced€in€any€mine€as€50€paise€per

CENTRAL EXCISE - hostgator.co

2013-8-26 · No Central excise duty is leviable on iron ore concentrate. 2. Whether the addition and mixing of polymers and additives to base bitumen results in the manufacture of a new marketable commodity and as such exigible to excise duty? CCE v. Osnar

Mineral Royalty Rates - jtsi.wa.gov.au

Solutions argued that alumina and iron ore rates should be raised to 10%. • The Shire of Ashburton argued that the basis of the royalty rate should consider the costs of servicing the communities within the areas royalties come from, i.e. the provision of schools, hospitals, housing and transport.

Compilation of Royalty on Iron ore in different States of ...

2018-7-18 · Royalty is the payment of tax to the Government (owner of mineral) for the privilege granted for extraction and processing of minerals. The system of levying of royalties for Iron ore is enacted in the Section 9 (3) of Mines and Minerals (Regulation & Development) Act (MMDR) 1957. The relevant provisions of Royalty on minerals are administered ...

Mineral Royalties - Department of Mines, Industry ...

It applies one of three royalty rates depending on the form in which the mineral is sold (ore, concentrate or final form), and the extent to which it is processed. Specific rate royalties, calculated at a rate per tonne of production, generally apply under the Mining Regulations 1981 to

Mining Industry Overview - IRS tax forms

2012-7-31 · 1964 272 Disposal of Coal or Domestic Iron Ore 1964 631 Sales & Exchanges of Timber, Coal, or Domestic Iron Ore 1969 636 Mineral Production Payments 1977 192 Contributions to Black Lung Trust 1984 468 Mine Reclamation and Closing 1984 29 Nonconventional Fuel Credit 1984 291(a)(2) Reduction in Percentage Depletion

Calzada, Manuel --- "State Government Mining Royalties ...

2019-4-15 · To the extent that a royalty payment secures access to the particular resource, by which I mean the extraction of raw materials [ores], it is requited and therefore not a duty of excise. However to the extent that a payment taxes a step in the production of a good from the raw materials it could be argued that the payment constitutes a duty of ...

Labrador Iron Ore Royalty Corporation

2020-4-22 · Labrador Iron Ore Royalty Corporation. April 2020 . Notice to reader. 2. All dollar figures are stated in Canadian (“CDN”) dollars unless noted otherwise. The information contained in this presentation is derived from publicly available sources, such as annual and

GST on royalty for Mining Lease including exploration ...

2019-9-21 · The royalty paid in respect of Mining Lease is a part of the consideration payable for the Licensing services for right to use minerals including exploration and evaluation falling under the Head 9973 which is taxable at the rate applicable on supply of like goods involving transfer of title in goods upto 31.12.2018 and taxable at 9% CGST and 9 ...