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Questions and Answers
What is the royalty rate for the colliery lease?
What is the royalty rate for the colliery lease?
The royalty rate for the colliery lease is Rs. 1.50 per tonne.
What is the minimum rent for the colliery lease?
What is the minimum rent for the colliery lease?
The minimum rent for the colliery lease is Rs. 20,000.
How many years does the lessee have to recoup shortworkings?
How many years does the lessee have to recoup shortworkings?
The lessee has four years to recoup shortworkings.
