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Iron Ore Mining Royalties from July 2017 to December 2018 Subject to 18% GST on Licensing Services.
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....Rate of GST - royalty paid to Government for mining of Iron Ore for the period July, 2017 to December 2018 - The licensing services for the right to use minerals including its exploration and evaluation received by the Applicant is taxable @18% of GST....
TaxTMI
TaxTMI