AAR: Royalty/Rent paid under the quarrying lease/licensing agreement entered with State Govt. taxable at 18% from July 2017

Gujarat AAR classifies the mining activity of “BLACKTRAP” material undertaken by the applicant on a plot of land leased from Gujarat Govt. under Heading 9973 (Leasing or rental services, with or without operator), under sub-heading 997337 of Notification Number 11/2017-C.T. (Rate), dated June 28, 2017; Observes that the applicant entered into Quarrying lease/license agreement with Govt. of Gujarat, where the Govt. provides the licensing service for the right to use m...