SC seeks govt’s response on Vedanta’s plea challenging double taxation1 min read . Updated: 15 Aug 2015, 12:13 AM IST
Vedanta Ltd has sought exemption from contributing twice towards social impact funds set up in Goa
New Delhi: The Supreme Court on Friday sought responses from the Centre and the Goa government in a plea by Vedanta Ltd seeking exemption from contributing twice towards social impact funds set up in Goa.
After the amendments to the Mines and Minerals (Development and Regulation) Act, the Goa government had set up a District Mineral Foundation (DMF) for collecting funds to ensure sustainable development in mining activities. Vedanta (formerly Sesa Goa Ltd and Sesa Sterlite Ltd) said that the DMF should replace the court-directed 10% of sale proceeds to the Goan Iron Ore Permanent Fund.
A bench comprising justices F.M.I. Kalifulla and U.U. Lalit directed the Goa government, the court-appointed central empowered committee and the environment ministry to furnish compliance reports of the court’s directions in the Goa mining judgment last year. The court had directed that appropriate action be taken against illegal mining activities in Goa.