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N K Agrawal   09 February 2020

1234

What is the stamp duty fee for a flat constructed by a housing co operative society which was acquired by transfer of shares before completion of construction and on what value stamp duty playable


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SHIRISH PAWAR, 7738990900

SHIRISH PAWAR, 7738990900 (Advocate)     09 February 2020

Dear querist,

You have to pay stamp duty on govt. value or agreement value whichever is higher.

Regards,
Joy Bose

Joy Bose   09 February 2020

Hello,

The stamp duty is decided between the ready reckoner rate (circle rate) and the agreement value of the property, whichever is higher. The stamp duty ranges from three percent to ten percent depending upon the particular state.


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