Maharashtra Revokes 2023 Circular on Minor Mineral Levy
The Maharashtra government has rescinded its May 2023 circular that outlined a formula for calculating royalty on minor minerals extracted during construction and land development. This decision is expected to alleviate concerns for developers and contractors embroiled in legal battles regarding the controversial framework. The revenue and forest department issued a new circular on July 9, stating that the previous policy had led to legal disputes as many of its stipulations were deemed inconsistent with rulings from the Supreme Court and the Bombay High Court. The government has immediately canceled the 2023 circular. The retracted document established a method for…