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July 2026 Supreme Court Judgments: Key Rulings and Case Law

Read 104 LawLens analyses of Supreme Court judgments published in July 2026, covering key rulings, legal principles and case law.

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July 2026 Judgments

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### Exclusion of Royalty and Statutory Contributions from Sale Value for ASP Calculation Upheld as Constitutional Key Takeaways for Legal Professionals: * Validity of Measure: The inclusion of royalty, DMF, and NMET in "sale value" for computing Average Sale Price (ASP) is a valid regulatory measure to prevent revenue evasion. * Nature vs. Measure: A clear distinction exists between the subject matter of a levy (royalty) and the standard by which it is measured; the legislature possesses broad discretion to design such measures. * Anti-Evasion Doctrine: Provisions loaded into the measure of a levy to counter price manipulation and under-invoicing are neither "manifestly arbitrary" nor *ultra vires* the parent Act. * No "Royalty on Royalty" Bar: Such computation does not violate the three-year cap on royalty rate revision under Section 9(3) of the MMDR Act, as the rate remains constant while only the base value is defined. * Economic Policy Deference: Courts will allow "free play in the joints" for the State to experiment with different pricing mechanisms (e.g., Coal vs. Iron Ore) based on market realities.. Kirloskar Ferrous Industries Limited vs Union Of India. Supreme Court. LawLens

Supreme Court·

Tax LawConstitutional Law

### Exclusion of Royalty and Statutory Contributions from Sale Value for ASP Calculation Upheld as Constitutional Key Takeaways for Legal Professionals: * Validity of Measure: The inclusion of royalty, DMF, and NMET in "sale value" for computing Average Sale Price (ASP) is a valid regulatory measure to prevent revenue evasion. * Nature vs. Measure: A clear distinction exists between the subject matter of a levy (royalty) and the standard by which it is measured; the legislature possesses broad discretion to design such measures. * Anti-Evasion Doctrine: Provisions loaded into the measure of a levy to counter price manipulation and under-invoicing are neither "manifestly arbitrary" nor *ultra vires* the parent Act. * No "Royalty on Royalty" Bar: Such computation does not violate the three-year cap on royalty rate revision under Section 9(3) of the MMDR Act, as the rate remains constant while only the base value is defined. * Economic Policy Deference: Courts will allow "free play in the joints" for the State to experiment with different pricing mechanisms (e.g., Coal vs. Iron Ore) based on market realities.

The petitioners, holders of mining leases for iron ore acquired through auctions post-2015, challenged the constitutional validity of the Explanations to Rule 38 of the Minerals (Other than Atomic and Hydro Carbons En...

3 MIN READ