Punjab State Sand and Gravel Mining Policy, 2023

Jan 25, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Government of Punjab on January 24, 2023, published Punjab State Sand and Gravel Mining Policy, 2023.

The following has been stated-

The para 2 (i), 2(ii), and 2(vii) of the mining policy dated 24.08.2022 are hereby repealed, and the Royalty and other rates are reinstated as per the policy notification dated 10.11.2021. i.e Rate of Royalty is Rs 0.73/cft, DMF at Rs 0.20/cft and EMF at Rs 0.07/cft along with other charges. 

The para 2 (viii) of the mining policy dated August 24, 2022 is hereby amended as under:- 

“State Govt. shall collect Royalty and penalty amount from all the vehicles carrying processed or unprocessed minor minerals, which do not possess requisite documents, across the interstate borders into the State of Punjab provided that the sum collected from each vehicle shall not be less than the total sale price cap fixed for sale of sand or gravel, as the case may be, at the pit head. The Chief Minister shall approve the rate, from time to time, at which the sum is to be collected. Further, confirmation receipt in a form prescribed by the govt. shall be issued immediately to all such vehicles. ” 

The Director Mining is hereby authorized to review the termination of any Agreement arising as a result of–

A.Failure of the Concessionaire to execute a fresh agreement in line with the revised Policy dated August 24, 2022, in which case no penalty shall be imposed, nor any dues recovered, for the period between August 24, 2022, the notification of this present policy when no mining was permitted as a result of widespread failure to execute fresh agreements.

B.Failure of the Concessionaire to deposit any installment/ dues in which case the contractor will have to deposit all his dues to date, but no penalty shall be imposed, nor any dues recovered, for the period between August 24, 2022, till the notification of this present policy when no mining was permitted as a result of widespread failure to execute fresh agreements.

This policy shall come into force with immediate effect.

[Notification No. PB/POLICY/2023/349]


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