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PC Agrawal (PCS)     01 July 2009

Stamp duty in Maharashtra doubled from today 1.7.09

Dear friends,

Stamp duty in Maharashtra on hypothecation and equitable mortgage (Article 6 of Bombay Stamp Act) for an amount exceeding Rs.5 lacs has been doubled from 0.10% to 0.20% without maximum ceiling w.e.f. 1.7.2009 (Copy of Amendment Act has been uploaded in Files Section).

Regards,

 



Learning

 3 Replies

Harinarayan R. Tripathi (Professional (Advocate))     10 July 2009

Dear Agarwalbhai

Thanks! for such an Important Notification. 

Pramod Harkisondas Divecha (private)     31 December 2009

Dear Mr. Agarwalji,

Thanx for the info.  However, kindly clarify whether the duty leveiable flat or slabwise, i.e below and above Rs. 5 lacs.

with warm regards and best whishes for the new year

Pramod Divecha


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