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AfzalROYALTY FEES FOR THE YEAR 2011

Afzal

Voted 10/10

Government of Pakistan has approved reduction in mountain royalty fee for the calendar Year 2011 as per details given below:
i) Zero royalty fee for peaks up to 6500-M.
ii) 10% royalty fee on mountains situated in Chitral, Gilgit and Ghizer except on Spantik/Golden Peak.
iii) 05% royalty fee on all peaks during winter season (December-February)
iv) 40% discount on royalty fee on all peaks except as mentioned in (i) and (ii) above as per following break-up:

1- K-2 (8611-M): 7200 US$ for a team of one to seven members and 1200 US$ for each additional member exceeding 7 per team.

2- 8001-8500-M: 5400 US$ for a team of one to seven members and 900 US$ for each additional member exceeding 7 per team.

3- 7501-8000-M: 2400 US$ for a team of one to seven members and 300 US$ for each additional member exceeding 7 per team.

4- 7001-7500-M: 1500 US$ for a team of one to seven members and 180 US$ for each additional member exceeding 7 per team.

5- 6501-7000-M: 900 US$ for a team of one to seven members and 120 US$ for each additional member exceeding 7 per team.
Posted Aug 2, 2011 4:53 am

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