GRANITES DEADRENT PER ANNUM AND ROYALITY PRICES IN ANDHRAPRADESH

All holders of the minor mineral leases shall, in addition to the Seignorage Fee pay to the respective Trust:
(i) An amount equivalent to 30% of Seigniorage fee , if the lease has not been granted through auction.
(ii) 10% of Seigniorage fee as fixed by the State Government if the lease has been granted through auction; and
(iii) Any other voluntary contribution which is exempted under section 80 (G) of the Income Tax Act 1961.
(iv) The amount under sub-rule (a) and (b) shall become payable and be paid on the same day on which such royalty was payable           to the Government.

 

ROYALITY

DEADRENT

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