The Department of Mines and Minerals (Assam) vide notification dated November 01, 2021 has issued the Assam Minor Mineral concession (Amendment) Rules, 2021. The amendment prescribes the rates at which Royalties shall be paid when minor minerals are used or consumed by Government Agencies. Urban local bodies shall collect Royalty in 4 (four) equal installments. The first installment shall be collected at the time of granting of building construction permission, the next two installments during construction and the final installment on completion of the” construction works. The Royalties as collected by the Urban Local Bodies shall be deposited the Head of Account or Bank account as shall be notified by the Government.
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