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The state had increased royalty on mining from Rs 100 to Rs 200 per brass [100 cubic feet of sand] in February.
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The Mining industry in India is a major economic activity which contributes significantly to the economy of GDP contribution of the mining industry varies from % to % only but going by the GDP of the total industrial sector it contributes around 10% to 11%. Even mining done on small scale contributes 6% to the entire cost of mineral production.
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Dec 18, 2016· Artificial sand is generally crush sand, ie boulders crushed finely that it acts as a filler between aggregates and cement. In Maharashtra, natural sand rates are as high as ₹7000/brass, that is ₹2500/ whereas crush sand is available at ₹2800/brass, that is .
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Sep 24, 2018· Haryana AAR holds that Annual Dead Rent/Royalty paid by applicant towards mining of stone boulders under license granted by Govt. taxable as 'licensing services for right to use minerals including its exploration and evaluation' covered by Sr. No. 257 of Annexure to Notification No. 11/ 2017 Central Tax (Rate) under CGST/HGST Act; Elucidates that, since services of right to use natural ...
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