Odisha miners have knocked the High court’s door against the state government’s decision to levy stamp duty . The miners have earlier failed to convince the Odisha government for a relaxation of stamp duty. Tata Steel has already approached the Odisha high court over the issue. Meanwhile, mining lobby group, Federation of Indian Mineral Industries (FIMI), public sector steel giant SAIL and Mahanadi Coalfields Ltd (MCL) have filed separate petitions in the high Court against the state government’s move.
Sources have said that almost every big miner is operating under deemed extension and if its orders are implemented, it will severely impact the mining industry in Odisha.
The miners have urged the High Court to discontinue Odisha Governments order on collection of stamp in their petition. The High Court is yet to hear about the case. .
T he state government had instructed the district collectors to collect stamp duty from the mines operating which are operating under deemed extension by 9th of this month or take steps to close down mining operation.
The miners have brought in front a complained that they have not received any notice regarding the payment of specific amount on stamp duty. “The government has not calculated any specific amount to be paid. In this case it is not possible for us to pay the stamp duty in such a short time period” said Prabodh Mohanty,spokesperson of Eastern Zone mining Association.
On the other hand SAIL Chairman C.S.Verma has said that the company will urge the state government to let the company to continue mining activity. He said this after his meeting with the Odisha Chief Minister Naveen Pattnaik . SAIL’s Bolani, Barsuan and Kalta iron ore mines will be affected adversely if the July 9 deadline is imposed .
According to the formula to calculate stamp duty on the basis of the Indian Stamp (Odisha Amendment) Act, 2013 and Odisha Stamp Rules, 1952 as amended by the amending rules of 2013 , the mining Industry have to pay a sum of Rs.50,000 crore to the government. Also if mining operation stops by Wednesday, it will be a big jolt, not only for the mining Industry, but for the Steel, Aluminium and the Power Industry also.