The dispute centered on the calculation of the Average Sale Price (ASP), a benchmark used to determine royalty payments and mining lease premiums. Miners, led by Kirloskar Ferrous, argued that including royalty, DMF and NMET payments in the sale value effectively resulted in a cascading levy, inflating their financial burden.
The dispute centered on the calculation of the Average Sale Price (ASP), a benchmark used to determine royalty payments and mining lease premiums. Miners, led by Kirloskar Ferrous, argued that including royalty, DMF and NMET payments in the sale value effectively resulted in a cascading levy, inflating their financial burden.
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