Centre seeks review of SC's mineral royalty judgment, points out 'apparent errors'
Previously, the apex court on Wednesday said it will set up a bench to hear subsequent pleas of mineral-rich states like Jharkhand seeking to recover royalty and tax dues on mineral rights and mineral-bearing lands worth thousands of crore of rupees from the Centre and mining firms.
Read More: How Tata Steel and JSW Steel will be impacted by SC ruling on mining royalty
On July 25, a nine-judge bench headed by Chief Justice D Y Chandrachud, in a majority 8:1 verdict, had ruled that the legislative power to tax mineral rights vests in states and not Parliament.
In a subsequent order on Aug 14, SC clarified that the judgement will not have prospective effect and permitted mineral-rich states recover from the Centre and mining firms the royalty and tax dues on mineral rights and mineral-bearing lands worth crore since April 1, 2005 over a period of 12 years.
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