Stamp duty
G.Padmanabhan
(Querist) 18 December 2011
This query is : Resolved
Would any of our experts advise as to the stamp duty for grant of license in respect of a residential accommodation for 3 years in Chennai, Tamil Nadu?
Sailesh Kumar Shah
(Expert) 18 December 2011
Stamp duty is differ from state to state. So, Expert advocate,who is from tamilnadu or only local advocate can tell you.
ajay sethi
(Expert) 18 December 2011
mr tom is from tamil nadu . right person to advise you .
Raj Kumar Makkad
(Expert) 18 December 2011
Anyone even resident outside of Tamilnadu can also calculate the stamp duty if he has knowledge about its rates. You can study the following notification of State of Tamilnadu for the this purpose:
DTP—II-1 Ex. (167)
TAMIL NADU
GOVERNMENT GAZETTE
EXTRAORDINARY PUBLISHED BY AUTHORITY
No. 167] CHENNAI, WEDNESDAY, JULY 8, 2009
Aani 24, Thiruvalluvar Aandu–2040
©
GOVERNMENT OF TAMIL NADU [Regd. No. TN/CCN/467/2009-11.
2009 [Price : Rs. 1.60 Paise.
COMMERCIAL TAXES AND REGISTRATION DEPARTMENT
Part II—Section 1
Notifications or Orders of specific character or of particular interest to the public
issued by Secretariat Departments.
NOTIFICATIONS BY GOVERNMENT
[ 1 ]
REDUCTION OF RATES OF STAMP DUTY UNDER INDIAN STAMP ACT.
AMENDMENT TO NOTIFICATION
[G.O. Ms. No. 96, Commercial Taxes and Registration (J1), 7th July 2009.]
No. II(1)/CTR/23(a-1)/2009.
In exercise of the powers conferred by clause (a) of sub-section (1) of Section 9 of the Indian Stamp Act, 1899
(Central Act II of 1899), the Governor of Tamil Nadu hereby makes the following amendment to the
Commercial Taxes Department Notification No. II(1)/CT/12(a-10)/2004, published at page 5 of Part II—Section 1 of the
Tamil Nadu Government Gazette Extraordinary, dated the, 12th February 2004.
AMENDMENT
In the said Notification, in the TABLE, for the expression “Rs. 20,000 (Rupees twenty thousand only)” appearing in
column (3) against the entry “mortgage deed-when possession is not given or agreed to be given under Article 40 (b)
of the Indian Stamp Act, 1899” in column (2) against Serial number thereof, the expression “40,000 (Rupees forty thousand
only)” shall be substituted.
2. The amendment hereby made come into force on the 8th July 2009.
2 TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY
REDUCTION OF MAXIMUM FEES PAYABLE IN RESPECT OF THE INSTRUMENTS DESCRIBED IN THE TABLE BELOW
UNDER THE REGISTRATION ACT.
AMENDMENT TO NOTIFICATION
[G.O. Ms. No. 96, Commercial Taxes and Registration (J1), 7th July 2009.]
No. II(1)/CTR/23(a-2)/2009.
In exercise of the powers conferred by Section 78-A of the Registration Act, 1908 (Central Act XVI of 1908),
the Governor of Tamil Nadu hereby makes the following amendment to the Commercial Taxes Department Notification
No. II(1)/CT/12(a-12)/2004, published in Part II—Section 1 of the Tamil Nadu Government Gazette Extraordinary, dated
the 12th February 2004.
AMENDMENT
In the said Notification, in the TABLE, for the expression “Rs. 5,000 (Rupees five thousand only)” in column (3) against the
entry “Mortgage deed-when possession is not given or agreed to be given under Article 40 (b) of the Indian Stamp Act, 1899”,
in column (2) against serial number 2 thereof, the expression “Rs. 10,000 (Rupees ten thousand only)” shall be substituted.
2. The amendment hereby made shall come into force on the 8th of July, 2009.
REDUCTION OF RATE OF DUTY CHARGEABLE UNDER THE INDIAN STAMP ACT.
[G.O. Ms. No. 96, Commercial Taxes and Registration (J1), 7th July 2009.]
No. II(1)/CTR/23(a-3)/2009.
In exercise of the powers conferred by clause (a) of sub-section (1) of Section 9 of the Indian Stamp Act, 1899(Central
Act II of 1899), the Governor of Tamil Nadu hereby reduces the rate of duty chargeable and maximum duty chargeable
in respect of instrument described in column (1) of the TABLE specified under column (2) thereof:—
THE TABLE
Description of Instrument. Rate.
(1) (2)
Instruments imposing a further charge on mortgaged One Rupee for every Rs.100 or part thereof of the
property — if possession is not so given as described amount secured by such deed subject to the
under Article 32(b)(ii) of Schedule-I to the Indian maximum of Rs.40,000 (Rupees forty thousand
Stamp Act, 1899 only)
2. The Notification shall come into force on the 8th of July, 2009.
REDUCTION OF MAXIMUM FEES PAYABLE IN RESPECT OF THE INSTRUMENTS DESCRIBED IN THE TABLE
BELOW UNDER THE REGISTRATION ACT.
[G.O. Ms. No. 96, Commercial Taxes and Registration (J1), 7th July 2009.]
No. II(1)/CTR/23(a-4)/2009.
In exercise of the powers conferred by Section 78-A of the Registration Act, 1908 (Central Act XVI of 1908),
as the Governor of Tamil Nadu is of the opinion that it is necessary so to do as in the public interest,
hereby reduces the maximum fees payable under Article 1(a) of the Table of Fees prepared under Section 78 of the said
Act, in respect of instruments described under column (1) of the TABLE given below to the extent mentioned under
column (2) thereof:—
TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY 3
THE TABLE
Description of Instrument. Maximum fee.
(1) (2)
Instruments imposing a further charge on mortgaged Rs. 10,000 (Rupees ten thousand only)
property — if possession is not so given as described
under Article 32(b)(ii) of Schedule-I to the Indian
Stamp Act, 1899.
Security Bond or Mortgage Deed as described under Rs. 10,000 (Rupees ten thousand only)
Article 57 of Schedule-I to the Indian Stamp Act, 1899.
2. The Notification shall come into force on the 8th July, 2009.
RAJEEV RANJAN,
Secretary to Government.
PRINTED AND PUBLISHED BY THE DIRECTOR OF STATIONERY AND PRINTING, CHENNAI
ON BEHALF OF THE GOVERNMENT OF TAMIL NADU
Shonee Kapoor
(Expert) 18 December 2011
Better let the local person reply to the same.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
Advocate. Arunagiri
(Expert) 18 December 2011
Mr.Padmanabhan,
You can go through this url. stamp duty depends upon the value. The url is self explanatory.
In case of any doubt come back to us.
http://www.tnreginet.net/english/dutyfees.asp
Guest
(Expert) 19 December 2011
I endorse the views of Shri Arunagiri.
