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Section 64: How the fees and deposit to be made

Mineral Concession Rules,1960State Rules of Chhattisgarh · 1957

Any amount payable under the Act or these rules except that payable in respect of revision petition under subrule (1) of rule 54, shall be paid in such manner as the State Government may specify in this behalf.

64A. The State Government may, without prejudice to the provisions contained in the Act or any other rule in these rules, charge simple interest at the rate of twenty four percent per annum on any rent, royalty or fee (other than the fee payable under sub-rule (1) of rule 54) or other sum due to that Government under the Act or these rules or under the terms and conditions of any prospecting licence or mining lease from the sixtieth day of the expiry of the date fixed by that Government for payment of such royalty, rent, fee or other sum and until payment of such royalty, rent, fee or other sum is made.

1 [64B.Charging of Royalty in case of minerals subjected to processing:

(1) In case processing of run-of-mine mineral is carried out within the leased area, then , royalty shall be chargeable on the processed mineral removed from the leased area.

(2) In case run-of-mine mineral is removed from the leased area to a processing plant which is located outside the leased area, then, royalty shall be chargeable on the unprocessed run-of-mine mineral and not on the processed product.

Where this provision sits

ActMineral Concession Rules,1960
Section64
Marginal noteHow the fees and deposit to be made
JurisdictionState of Chhattisgarh
StatusIn force as published by the source

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