9911796707
TMI Blog2020 (3) TMI 1423X X X X Extracts X X X X X X X X Extracts X X X X ..... in the name M/s Balaji Iron Ore Mine situated at Bandhburu, Village- Balijore, Noamundi Protected Forest Block No. 40 in District Singhbhum West in the state of Jharkhand. The applicant has submitted that:- 1. That M/s Anil Khirwal has the mines under his name w.e.f 09.08.1983, since then this mine was under mining operation for the production of iron ore by the present lessee and the first term of lease expired on 01.05.2002. Out of the total Mining lease area of 22.662 hectares, an area of 3.331 hectares was applied for surrender by the lessee. The renewal application for the reduced area was submitted in due time on 18.04.2001, for a period of 20 years, which is under active consideration with the State Government. The Extended Mining ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... plicant is eligible to seek Advance Ruling under Sub-Para (e) i.e determination of the liability to pay tax on any goods or services or both; of Section 97(2) of the CGST/SGST Act, 2017. 5. The Applicant with regard to question has interpreted and submitted that,- 1. That it is stated and submitted that the State Government grants mining rights for extraction of various minerals like iron ore lumps and iron ore fines having HSN Code 26011140, 26011110 etc to business entities. 2. That the business entities are required to discharge GST on a reverse charge basis for the mining rights granted by the Government on the rate applicable on such mining rights granted and liability to pav GST on Royalty paid to the State Government for availin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1140, 26011110 are leviable to GST on their supply at the rate of 5%) . Therefore, reverse charge should be paid at the rate of 5% on royalty. 6. Personal Hearing Proceedings: The Personal hearing of the applicant's Representatives as well as the concerned Jurisdictional Officer was conducted and concluded on 17-01-2020. 7. Findings & Discussions: We have considered the submissions made by the Applicant in their application for Advance Ruling as well as the submissions made by his representative during Personal Hearing. We also considered the questions/issues on which Advance Rulings have been sought for by the applicant, relevant facts having bearing on the questions/issues raised, the applicant's understanding/interpretation o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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