Inclusion of Royalty, DMF and NMET in Average Sale Price for Royalty Computation Constitutionally Valid: Supreme Court

The Supreme Court of India has upheld the constitutional validity of regulatory rules that include royalty, District Mineral Foundation (DMF), and National Mineral Exploration Trust (NMET) payments in the “sale value” of minerals for computing the Average Sale Price (ASP). Dismissing a writ petition filed by mining leaseholders, a bench comprising Justice J.B. Pardiwala and

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