Annual Returns (Simplified and Enhanced Explanation)
Submission Deadline:
- Every year, by the 1st of February, the owner, agent, or manager of a mine must submit annual returns for the previous year.
- These returns should be sent to the following authorities:
- Chief Inspector
- Regional Inspector
- District Magistrate
- The format and method of submission will be as specified by the Chief Inspector.
Special Cases for Submission:
- If any of the following events occur, the returns must be submitted within a specific timeframe:
- Abandonment or Closure of a Mine:
- Submit returns within 30 days of the abandonment or closure.
- Change of Ownership:
- Submit returns within 30 days of the ownership change.
- Discontinuation of Workings (for more than 60 days):
- Submit returns within 90 days of the discontinuation.
- Abandonment or Closure of a Mine:
- If any of the following events occur, the returns must be submitted within a specific timeframe:
Purpose and Importance:
- These returns ensure that regulatory authorities have up-to-date records about the mine's operations, ownership, and status.
- They help maintain transparency and accountability in the mining industry.