Performance Audit of Goa – CAG – Mining pages

Performance Audit of Goa - CAG - Mining pages

Short recoveries of mining revenue
· The penalty of Rs.15.92 crore recoverable from a mining company, for excess extraction of ore over the Environment Clearance limit, was not recovered. (Paragraph 2.3.5)
· The Director of Mines and Geology short levied stamp duty of Rs.4.50 crore in respect of two mining lease deeds executed in May 2015 and June 2015. (Paragraph 2.3.7)
· In case of two lessees, sale price for computation of royalty for iron ore fines and lumps for the respective months of production notified by Indian Bureau of Mines was not taken into account while levying the royalty resulting in short recovery of Rs.1.43 crore. (Paragraph 2.3.2)

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