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Section 14: Payment of Interest

Mineral (Auction) Rules., 2015Central Rules · 1957

The State Government shall charge simple interest at the rate of twenty four per cent.

per annum on any payment due to State Government under these rules the payment of which is delayed beyond sixty days from the due date thereof.

Where this provision sits

ActMineral (Auction) Rules., 2015
Section14
Marginal notePayment of Interest
JurisdictionCentral
StatusIn force as published by the source

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