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Mineral Concession Rules 2020united Rentals

directorate of mines & geology government of goa,india,extraction of minor minerals without a valid lease is an offence punishable under rule 62 (1) (2) of the goa daman and diu minor mineral concession rules 1985. hence it is obligatory on the part of extractors to obtain a valid quarrying lease before indulging in extraction of any minor minerals..ifrs 16 — leases - ias plus,ifrs 16 specifies how an ifrs reporter will recognise, measure, present and disclose leases. the standard provides a single lessee accounting model, requiring lessees to recognise assets and liabilities for all leases unless the lease term is 12 months or less or the underlying asset has a low value. lessors continue to classify leases as operating or finance, with ifrs 16’s approach to.pdf mineral digest -,and removal of minor mineral under a quarry permit. the competent authority may grant the quarry permit in the prescribed form for extraction and removal of any minor mineral not exceeding one thousand tonnes under any one permit from the specified land, on advance payment of dues such as royalty, cess, surface rent and compensatory.mineral concession rules, 1960 - bare acts,provided that the mining operations shall continue to be governed by the existing mining plan approved prior to commencement of the mineral concession (amendment) rules, 2020, until the same is modified; (b) any modification in the existing mining plan during the operation of a mining lease shall also be done in accordance with clause (a).] [22aa..

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