What is the significance of setting up a Bench in Supreme Court to address pleas of States on mineral royalty and tax dues recovery
The Supreme Court has agreed to establish a Bench to hear State pleas regarding the recovery of royalty and tax dues on minerals.
- Ensuring fair and timely resolution: Establishment of a dedicated Bench in the Supreme Court will help expedite the resolution of disputes related to mineral royalty and tax dues, ensuring a fair and efficient process.
- Specialized expertise: The Bench will likely comprise judges with expertise in mining laws and taxation, enhancing the quality of judgment and decisions in such cases.
- Uniformity in decisions: Centralizing these cases in one Bench can help in achieving consistency and uniformity in rulings, which is crucial for maintaining transparency and accountability in the mining sector.
- Reducing backlog: By designating a specific Bench for these cases, it can help reduce the backlog of pending cases related to mineral royalties and tax dues.
- Legal clarity: The establishment of a specialized Bench can provide legal certainty and guidance on complex issues pertaining to mineral royalties and taxation.
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7 months ago