Section 14A
of Forest Rules 1969 Reprinted 1995
State Subsidiary LegislationIn forceProvision 15 of 25
Section 14A
(1)
Notwithstanding any provisions under these Rules or the provisions of any other written law for the time being in force to the contrary, the Chief Conservator may, with the approval of the Minister of Finance, adjust the declared f.o.b. value of any forest produce for the purposes of timber royalty rates calculation.
(2)
For the purposes of this rule, “f.o.b. value” shall mean the price which the exporter would receive for the forest produce calculated at the time when the forest produce shall be on board the vessel by which the forest produce were exported.
Late fees for unpaid royalty bills.