AAR : Royalty paid towards mining rights of 'stone boulders' taxable at 5% under 'reverse charge'

Haryana AAR holds that Annual Dead Rent/Royalty paid by applicant towards mining of stone boulders under license granted by Govt. taxable as ‘licensing services for right to use minerals including its exploration and evaluation’ covered by Sr. No. 257 of Annexure to Notification No. 11/ 2017- Central Tax (Rate) under CGST/HGST Act; Elucidates that, since services of right to use natural resources is classifiable under Tariff 9973 and description of services unde...