Mineral Area Development Authority Etc vs M/S Steel Authority Of India
Judges (8)
Case Significance
Mineral Area Development Authority Etc vs M/S Steel Authority Of India is a Supreme Court of India decision dated August 14, 2024 (citation: insc-2024-607). This is the consequential order of the landmark 9-judge Constitution Bench decision upholding State power to levy taxes on mineral lands under Entries 49 and 50 of List II. The Court rejected the argument for purely prospective application but imposed conditions: tax demands shall not operate on transactions before 1 April 2005, payments shall be staggered over 12 years from 1 April 2026, and interest and penalties for pre-25 July 2024 demands are waived for all assessees. The bench comprised Justices Abhay S. Oka, Augustine George Masih, Dhananjaya Y Chandrachud, Hrishikesh Roy and J.B. Pardiwala. The judgment was delivered by Justice Dhananjaya Y Chandrachud.
Summary
This is the consequential order of the landmark 9-judge Constitution Bench decision upholding State power to levy taxes on mineral lands under Entries 49 and 50 of List II. The Court rejected the argument for purely prospective application but imposed conditions: tax demands shall not operate on transactions before 1 April 2005, payments shall be staggered over 12 years from 1 April 2026, and interest and penalties for pre-25 July 2024 demands are waived for all assessees.
What was the outcome of Mineral Area Development Authority Etc vs M/S Steel Authority Of India?
This is the consequential order of the landmark 9-judge Constitution Bench decision upholding State power to levy taxes on mineral lands under Entries 49 and 50 of List II. The Court rejected the argu...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (insc-2024-607)