Goa : The State Government has exported iron ore worth INR 14768 crore for the financial year 2011-2012. This includes direct exports or iron ore as well as penultimate sales which are also considered as exports for the purposes of Central Sales Tax Act, 1956.
Chief Minister Mr. Manohar Parrikar said that as per budget estimates the total estimated royalty to be collected by the state during 2012-13 are INR 890 crore. The state government has collected Value Added Tax (VAT) worth INR 28.38 crore on local sale of iron ore and INR 83.01 crore was collected in form of Central Sales Taxes on inter-state sale of iron ore.
The revenue earned in the form of income tax from mining sector for the year 2011-2012 is INR 1756 crores. Mr. Parrikar in a written reply in assembly maintained that "Central government also earns substantial revenue by taking exports duty at 30% of ore price.”
Further, Chief Minister also announced that the Goa State Pollution Control Board is carrying out ambient air quality monitoring at nine locations and water quality monitoring at 11 locations and is prepared to take appropriate action on receipt of results.