Amendment status not verified — confirm the current text below against the official source.
(i) Captive coal and lignite mines, auctioned for power sector through reverse bidding under the Coal Mines (Special Provisions) Act, 2015 (11 of 2015) Equivalent to two hundred per cent. of the royalty payable 49 (ii) Captive coal and lignite mines allocated through allotment route [other than mines covered under item no. (iv)] Equivalent to the royalty payable (iii) Captive coal and lignite mines allocated through auction route [other than mines covered under item nos. (i) and (iv)] Equivalent to the royalty payable (iv) For captive coal and lignite mines that were auctioned and allotted with condition allowing sale of coal up to twenty-five per cent. of annual production— (a) for sale of coal up to twenty-five per cent. of annual production Additional amount payable as per the condition mentioned in the tender document or allotment document (b) for sale of coal more than twenty-five per cent. and up to fifty per cent. of annual production Fifty per cent. of the royalty payable Explanation.—For the purposes of this Schedule, it is hereby clarified that— (a) the additional amount shall be in addition to royalty or payment to the District Mineral Foundation and National Mineral Exploration Trust or any other statutory payment or payment specified in the tender document or the auction premium (wherever applicable). (b) Ad valorem royalty for the purpose of calculating the additional amount for coal and lignite shall be based on National Coal Index and Representative Price of coal excluding the taxes, levies and other charges.] 50 1[THE SEVENTH SCHEDULE [See sections 3 (aaa), 10BA(2) and 10BA(3)] Minerals