SAIL moves Odisha HC to quash demand of Rs 47 crore for excess mining
State run steel maker Steel Authority of India Ltd (SAIL) has moved Odisha High Court for quashing the demand notice asking to pay Rs 47,49, 46,999 by December 31, 2017,The demand notice states that SAIL, the mine lease holder of Bolani mines spreading over an area of 1321.45 hectares, has undertaken production of iron ore from the mining lease hold area in excess of the lower of the approved limits of production under mining plan and consent to operate during 2000-2001 to 2010-2011.The notice also made clear that the demand is relatable to recovery of price of minerals produced without or beyond the mining plan and consent to operate alone under Section 21 (5) of the MMDR act, 1957 and does not include recoveries under Section 21 (5) of the said act for violation of EC (environment clearance ) and FC (forest conservation).Opposing the notice, the Maharatna CPSU stated that for the relevant period ( 2000-2001 to 2010-2011) , it has paid all royalty, rent and taxes to the...19-12-2017
