Regulatory Background
The Central Government notified The Mines and Minerals (Development and Regulation) Amendment Act, 2026 on August 22, 2026, amending the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR). The amendment restricts the imposition of taxes, cess, and other levies by State Government(s) on mineral rights or mineral-bearing lands.
Key Provisions of Amendment
- Any levy not paid or collected by State Governments before the Amendment Act 2026 shall be deemed invalid
- Amounts already deposited or recovered before the amendment shall not be liable to be refunded
- Effective date of amendment: August 22, 2026
Company's Historical Payments
Dalmia Bharat Limited and its subsidiaries have been paying the following taxes/cess:
- Mineral Bearing Land Tax @ ₹160 per ton of limestone in Tamil Nadu
- Mineral Bearing Land Tax @ ₹10 per ton of limestone in Assam
- Mineral Cess @ ₹60 per ton of limestone in Meghalaya
Financial Impact
- Total payments made in FY26: ₹127 Crore
- Total payments made in current year FY27 (until disclosure date): ₹38 Crore
Current Status
As of August 22, 2026, the Company and its subsidiaries are no longer required to pay Mineral Bearing Land Tax and/or Mineral Cess due to the amended provisions of the MMDR Act.