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C’garh demands additional levy on coal from Centre

| | RAIPUR
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C’garh demands additional levy on coal from Centre

Friday, 24 January 2020 | Staff Reporter | RAIPUR

nChief Minister Bhupesh Baghel has demanded of the Centre to sanction additional levy on coal extracted from coal mines of Chhattisgarh as soon as possible.

As per the state government's estimate additional levy will be to the tune of Rs 4140.21 crore.

Chief Minister has written a letter to Union Minister for Mines and Coal Prahlad Joshi and has said that according to the provisions of Indian Constitution, Mineral Act and the orders issued by the Supreme Court in the context, the state government is entitled to the ownership of minerals, and to recover royalty, levy and other taxes.

Quoting the relevant provisions, Chief Minister has requested sanction of additional levy worth nearly Rs 4140.61 crore as soon as possible, in larger interest of Chhattisgarh state.

Chief Minister has    mentioned in the letter about Supreme Court's order that the additional royalty on coal excavated from coal blocks in Chhattisgarh state should be payable to the state government. He also mentioned about the letters sent to Coal Ministry of Government of India in last five years, regarding payment of royalty to Chhattisgarh government.

Chief Minister stated in the letter that eight coal allottees of Chhattisgarh have deposited additional levy to government of India's Coal Ministry at the rate of Rs 295 per metric ton. This includes Rs 112.35 crore deposited by Jaiswal Nicco Ltd, Rs 1185.20 crore deposited by Jindal Power Ltd, Rs 2082.23 crore deposited by Jindal Steel and Power Ltd, Rs 238.09 crore deposited by Monnet Steel Ltd, Rs 234.23 crore deposited by Prakash Industries Ltd, Rs 142.63 crore deposited by RAPL, and Rs 145.49 crores deposited by Rajasthan State Electricity Production Corporation. Chief Minister has requested payment of these additional levies by aforementioned organisations to Chhattisgarh         government.

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