Andhra Pradesh minor minerals (amendment) rules, 2021
Andhra Pradesh minor minerals (amendment) rules, 2021
The Industries and Commerce Department (Andhra Pradesh) on October 11, 2021 has issued the Andhra Pradesh minor minerals (amendment) rules, 2021 to further amend the Andhra Pradesh minor minerals ules, 1966. The following amendment has been made: In rule 10, which specifies Seigniorage fee or dead rent, sub-rule (7) has been inserted, namely: “(7)” When a quarry lease is granted, (i) the lessee for Silica Sand shall pay an amount of Rs.212/- per Mt towards consideration amount in addition to the seigniorage fee and other applicable levies. Provided that such consideration amount shall be applicable and shall be levied for mineral dispatches from March 23, 2021. (ii) the lessee for Granite shall pay an amount equivalent to 0.50 times of seigniorage fee towards consideration amount in addition to the seigniorage fee and other applicable levies. Provided that the consideration amount shall be applicable and shall be levied for mineral dispatches from June 07, 2021. (iii) the lessee for other minor minerals, except Silica Sand, Granite and Ordinary Sand, shall pay amount equivalent to one time seigniorage fee towards consideration amount in addition to the seigniorage fee and other applicable levies. Provided that the consideration amount shall be applicable and shall be levied for mineral dispatches from June 07, 2021. (iv) Notwithstanding anything contained in these rules, every quarry lease holder including temporary permit holder shall pay Consideration amount in addition to the seigniorage fee and other applicable levies."