[Goanet] Octroi on mining

[rajendra kakodkar]

Quepem municipality has decided to levy an octroi of 2% on mining profit. The 
profit on ore is Around Rs 5000 per ton. So the octroi will be Rs 100 per ton. 
Around 20 lac tonne is transported through Quepem. This means the municipality 
will earn Rs 20 crore a year.
Rajendra
Read: 
http://timesofindia.indiatimes.com/city/goa/QMC-plans-to-levy-2-octroi-on-mining-cos/articleshow/7147876.cms