The country’s mining sector, distressed by a multitude of levies like royalty and contributions to the (DMF) and (NMET), has advocated a uniform Goods & Services Tax (GST) to overcome the multiplicity of taxes.

Royalty rates on minerals in the country are the highest among resource-rich nations and a cocktail of levies makes India top the list of nations with steep effective rate (ETR) on mining. Read More