For having failed two reminders and a hearing, the Goa government has fined JSW Steel Limited over Rs 156 crore towards unpaid cess under Goa Rural Improvement and welfare cess Act, 2001, following transport of coal.
According to the notice sent by the government on November 9, the company has to pay the amount by November 24.
Under the Rules of the 2001 Act, an owner of all “carrier transporting material” is supposed to pay a cess under schedule I, with the amount going towards rural improvement. The Goa Government has estimated the cost at Rs 50 per ton for the 3,12,69,986 metric ton of Coal transported through Mormugao Port Trust to the plant in Karnataka between the period of July 2014 and July 2018, the notice reads.
