1989 Ruling

Supreme Court Reverses 1989 Ruling, Declares Royalty On Minerals ‘Not a Tax’

On Thursday, the nine-judge Bench of the Supreme Court overturned its 1989 Constitution Bench verdict, ruling that royalties payable on minerals do not constitute a tax. In an 8:1 majority verdict, the apex court also determined that Parliament lacks the authority to impose taxes on mineral rights under the Constitution's...