Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

State of Bihar - Section

Section 72 in Bihar Minor Mineral Rules, 2017

72. Payment of Royalty and Interest thereon.

- Every Settlee/licensee shall make the payment of royalty due to be paid as in the manner prescribed through challan/e-Challan. In case of defaults in making payments on the due date, they will be liable to pay interest in the manner prescribed. Interest being a civil liability, the issuance of notice is not required for the purpose of levy. In fact, under circumstances warranting payment of interest, the Settlee/Licensee is supposed to compute it suo motto, pay the same and furnish the challan evidencing such payments.