[THE FIFTH SCHEDULE]
[See sections 8(4), 8A(8) and 17A(2C)]
S.No.
Mineral
Additional amount on grant or extension of mining lease
1.
Iron ore and chromite
Equivalent to one hundred and fifty per cent. of the
royalty payable
2.
Copper
Equivalent to fifty per cent. of the royalty payable
3.
Coal and lignite
Equivalent to the royalty payable
4.
Other minerals (other
than coal and lignite)
Equivalent to the royalty payable
Explanation.—For the purposes of this Schedule, the additional amount shall be in addition to royalty or payment to the District Mineral Foundation and National Mineral Exploration Trust or any other statutory payment.
THE SIXTH SCHEDULE
[See sections 8(5) and 8A(7A)]
(i) For non-auctioned captive mines (other than coal and lignite):
(i) the additional amount shall be in addition to royalty or payment to the District Mineral Foundation and National Mineral Exploration Trust or any other statutory payment or payment specified in the tender document or the auction premium (wherever applicable)
(ii) Ad valorem royalty for the purpose of calculating the additional amount for coal and lignite shall be based on National Coal Index and Representative Price of coal excluding the taxes, levies and other charges.”.