23 conveyance
Malay Bhattacharya
(Querist) 04 January 2016
This query is : Resolved
Sir,
I want to know the meaning of the said 23 conveyance in the partition registration and how is it calculated.
any consideration of valuation of old building above 35 years without renovation while partition registration.
Thank u sir, please let me know.
Dr J C Vashista
(Expert) 06 January 2016
It is a local terminology therefore consult a local prudent lawyer for proper advise.
Rajendra K Goyal
(Expert) 06 January 2016
23 Conveyance (1% Addl SD if MV exceeds 25 lakhs)
Rate of Stamp Duty:
5% on maeket value in Panchayet Area
6% on market value in Municipal Areas,
Corporation Areas and Development Authority Areas (Additional Stamp Duty of 2% for KIT & HIT areas has ben abolished since 01.08.2006)
Rate of Regn. Fee:
Up to Rs.250/- is Rs.2/-
Up to Rs.500/- is Rs.7/-
Up to Rs.1000/- is Rs.8/-UP to Rs.5000/- is Rs.9/-
For Rs. 1000 or part thereof in excess of Rs.1000/-.
Above Rs.5000/- is Rs.11/- for Rs.1000 or part thereof in excess of Rs.5000/-.
Please visit:
http://wbregistration.gov.in/(S(n4zblkroxjvgk5thuzxkhzzp))/Stamp_duty.aspx