https://www.taxtmi.com/caselaws?id=286707 The Court held that the establishment of District Mineral Foundations (DMFs) from a date prior to the notifications is not retrospective. Contributions to DMFs cannot be insisted upon from 12th January 2015 due to the lack of prescribed rates. Contributions for minerals other than coal, lignite, and sand for stowing are required from 17th September 2015, and for coal, lignite, and sand for stowing from 20th October 2015 or the date of DMF establishment, whichever is later. The notification dated 31st August 2016 was deemed invalid and struck down. Parties were given until 31st December 2017 to make full contributions to DMFs, with interest at 15% per annum for late payments. en-us Fri, 13 Oct 2017 00:00:00 +0530 Thu, 12 Mar 2020 07:15:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286707 The Court held that the establishment of District Mineral Foundations (DMFs) from a date prior to the notifications is not retrospective. Contributions to DMFs cannot be insisted upon from 12th January 2015 due to the lack of prescribed rates. Contributions for minerals other than coal, lignite, and sand for stowing are required from 17th September 2015, and for coal, lignite, and sand for stowing from 20th October 2015 or the date of DMF establishment, whichever is later. The notification dated 31st August 2016 was deemed invalid and struck down. Parties were given until 31st December 2017 to make full contributions to DMFs, with interest at 15% per annum for late payments. Case-Laws Indian Laws Fri, 13 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286707