Seigniorage Fee



GOVERNMENT OF TELANGANA  ABSTRACT
Mines and Minerals – Revision of Rates of Seigniorage Fee and Dead Rent-Orders – Issued.
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INDUSTRIES AND COMMERCE (MINES.I) DEPARTMENT

G.O.MS.No. 67 Dated: 26/09/2015

Read the following

1) G.O.Ms.No.198, Industries & Commerce (M.I) Dept., dt:13.08.2009

2) Government Memo No.418/M.I(1)/2015, dated:08.07.2015.

3)  From the Director of Mines and Geology, Hyderabad Letter  No.3305/MR/2014, dated:08.07.2015.  

O R D E R:   

The following notification will be published in the Extra-Ordinary Issue of the Telangana Gazettee dated:the 26th September, 2015.  

NOTIFICATION  

In exercise of the powers conferred by Section Sub-Section (1) of  15 of the Mines & Minerals (Development & Regulation) At, 1957 (Central Act No.67 of 1957), the Government of Telangana hereby issue the following amendments to the A.P. Minor Mineral Concession Rules, 1966 issued in G.O.Ms.No.1172, Industries & Commerce (Mines-I) Department, dated:04-09-1967 and as amended subsequently from time to time and as adapted vide G.O.Ms.No.55, Industries & Commerce (Mines.I) Department, dated:26.08.2015 as A.P. Minor Mineral Concession Rules, 1966 (Telangana Adaptation) order, 2015.  

AMENDMENTS

In the said rules, under rule 10 for Schedules I and II the following shall be substituted, namely

SCHEDULE-I RATES OF SEIGNIORAGE FEE 

Sl. No. Name of the Minor Mineral Unit Rate of Seigniorage fee (In Rupees)
1 Building Stone, Rough Stone/ Boulders, Road Metal and Ballast M3/MT 75/50
2 Dimensional Stone used for  Kerbs & Cubes       MT  100/MT
3 Lime Kankar/Limestone MT The rate of royalty as applicable to Limestone(other  than  LD  Grade)  in  respect  of  major Minerals as per the 2nd Schedule of the Mines & Minerals (D&R) Act, 1957
4 Marble M3/MT 250/100
5 Mosaic chips MT 45
6 Morrum/Gravel & Ordinary Earth M3/MT 30/20
7 Ordinary Sand M3/MT 40/27
8 Shingle M3/MT 25/17
9 Chalcedony Pebbles M3/MT 75/50
10 Fullers Earth/ Bentonite MT 150
11 Shale/Slate MT 150
12 Rehmatti MT 25
13 Limestone slabs M2/MT 8/100
14 Brick Earth used inthe manufacture of Bricks including Mangalore Tiles. Rs.6000/- per kiln per annum
15 Granite useful for cutting and polishing Gangsaw above 270 x above 150 Below 270 X below 150
a Black Granite 3000 2300
b Colour Granite 2300 2000

The rates shown at Sl.No.15 shall come into force w.e.f., two years from the date of this G.O. until then the rates ordered in G.O.Ms.No.198, Industries & Commerce (M.I) Dept., dt:13.08.2009 shall continue to be inforce. 

SCHEDULE-II

Rates of Dead Rent 

Sl. No Name of the mineral  Rate of Dead Rent per hectare per Annuam  (in Rs.) 
1 Black Granite  1,00,000
2 Colour Granite  80,000
3 Limestone other tha n classified as Major Minerals used for Limeburning or building construction purposes, Marble, Boulders, Building Stone including Stone used for Road Metal, Fullers Earth, Ballast Concrete and other Constructions purposes, Slate and Pyllites. 50,000
4  Gravel Morrum, Shingle, Limestone Slabs,building purposes Chalcedeny Pebbles used in the Limeshell for burning used for building used for Flooringpurposes and Rehmatti., 40,000

2. The rate of royalty revised by Government of India with effect from 01.09.2014 in respect of (31) Major Minerals now declared as Minor Minerals and transferred to the State Government in the extra-ordinary issue of the Gazette Government of India Notification No.423(E) dated:10.02.2015 shall be continued, until further orders.     

3. This order issues with the concurrence of Finance Department vide their U.O.No.11350/292/EBS-VII/I&C/2015, dated:18-09-2015.  

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF TELANGANA)  

ARVIND KUMAR SECRETARY TO GOVERNMENT & CIP 

 

//Forwarded::By order//

SECTION OFFICER 

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