SEIGNIORAGE Fee



Mines and Minerals – Revision of Rates of Seigniorage Fee and Dead Rent - Orders– Issued.

G.O.MS.No. 67 Dated: 26/09/2015: INDUSTRIES AND COMMERCE (MINES.I) DEPARTMENT

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.

ORDER:

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
  Brick Earth used in      
14 The manufacture ofBricks includingMangalore Tiles - Rs.6000/- per kiln per annum
15

Granite useful for

cutting and polishing

Gangsaw above 270 x above 150 Below 270X below 150 Equal and below70
a Black Granite 3000 2300 1200
b Colour Granite 2300 2000 1000

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 perhectare per Annuam (in Rs.)
1 Black Granite 1,00,000
2 Colour Granite 80,000
3 Limestone other than classified as Major Minerals used for Limeburning or building construction purposes,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,purposes, Chalcedeny Pebbles used in the Limeshell for burning used for building purposes 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 

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