Stamp duty refund

Santu Bandyopadhyay (Querist) 16 July 2017 This query is : Resolved
If the buyer has paid the stamp duty and the seller does not want to sell property because of sudden financial crisis of seller, can buyer refund stamp duty? Or seller is liable to get fined by law?

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P. Venu (Expert) 16 July 2017
It appears that you have not disclosed the complete facts.

Rajendra K Goyal (Expert) 16 July 2017
Stamp duty, if not used, can be claimed back after deduction to the extent of some %age (10% in some states). Amicably settle the deducted amount between purchaser and the seller.

Guest (Expert) 16 July 2017
Agree with Mr.RK Goyal

Guest (Expert) 16 July 2017
Well Advised Please...................

Guest (Expert) 16 July 2017
Settle the deducted amount as advised please

Guest (Expert) 16 July 2017
Agree with Experts Please

Santu Bandyopadhyay (Querist) 17 July 2017
Thanks for the advice.. but I want to know wheather purchaser can take any legal steps against seller and the seller will be fined.

Dr J C Vashista (Expert) 18 July 2017
Submit unused stamp papers to your area SDM for refund.

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Stamp duty refund

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