Dimapur, July 14 (EMN): In exercise of the power conferred under rule 19 (a) of the Nagaland Coal Mining (First Amendment) Rules 2014, and Cabinet decision, the State Government has enhanced the rate of Royalty on Coal from the existing rate of Rs. 290/- per tonne to Rs. 350 per tonne with effect from July 1.
Secretary to the Government of Nagaland, Dellirose M Sakhrie informed that the calculation of royalty on coal was taken at 14% of the basic pithead price Rs. 2500/- of Run Of Mine (ROM) Coal which comes to Coal royalty= 14% X 2500 (pithead value) = Rs.350 per metric tonne.
Royalty shall be collected as per data generated by the Weigh Bridge. Wherever, installation of Weigh Bridge become practically difficult, royalty shall be collected based on volume measurement of the truck body.
