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Granting of license to extract minerals is classified under SAC 99733.

Classification of Service — The Applicant is engaged in mining and sale of ”rough diamonds“. The Applicant sought specific ruling about clarification on classification of royalty payments to Government in respect of Mining lease under “Licensing services for Right to use minerals falling under the heading 9973”and determination of the liability to pay tax on contributions made to District Mineral Foundation and National Mineral Exploration trust as per MMDR Act, 1957. Authority Ruled; service of granting license to extract minerals is classified under Tariff Heading 99733. — Nmdc Limited, In Re… [2019] 14 TAXLOK.COM 089 (AAR-Madhya Pradesh)