Determination and Payment of Cess-

5. Determination and Payment of Cess- (1) The cess payable under this Act shall be assessed in accordance with the provisions of section 3 and the Rules made thereunder, by the prescribed authority. (2) The amount of cess on mineral bearing land at such rate(s) as may be specified shall be payable by the holder on the quantity of such Run-of- mine/minerals as made at the time of dispatch of such Run-of- mine/minerals from mineral bearing land by such date as prescribed. (3) In case where the holder dispatches the Run-of-mine/minerals without payment of cess, or as the case may be any variation in the assessment of cess payable, the prescribed authority shall cause to issue a notice of demand served upon the holder for payment of the cess due along with an interest at the rate of not exceeding 5% per month or part thereof on such value of cess due, in such manner as may be prescribed. Explanation- The words, “cess due”; for the purpose of this Act shall mean any cess payable under section 3, but not paid after the prescribed due date, and also after expiry of such date, as provided in notice of Demand as issued under this section. (4) For the purpose of registration of the holder, under this Act; the holder means holder of mineral right i.e. mining or quarry lease or exploring license or prospecting license of the mineral bearing land(s) under the Mines and Mineral (Regulation and Development) Act, 1957, the Coal Bearing Areas (Acquisition and Development) Act, 1957, the Coking Coal Mines (Nationalisation) Act, 1972, the Coal Mines (Nationalisation) Act, 1973, the Coal Mines (Special Provisions) Act, 2015, Petroleum & Natural Gas Rules, 1959; and lessee/deemed lessee/allocated under which they are already registered under the respective mining laws for the time being in force, shall apply mutatis mutandis for the purpose of this Act.