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Kaushik   21 August 2015

Stamp duty on registration of agreement to sell

Dear experts,

Would the stamp duty payable for registering an agreement to sell a property be the same as the stamp duty required to register the final sale deed of the property?

Thanks,

Kaushik.



Learning

 3 Replies

Jayashree Hariharan (Advocate)     21 August 2015

No. But please check with the lawyers in your State as to the exact amount.

1 Like

Sankha Mukherjee (Legal Advisor)     22 August 2015

yes it is same in West Bengal

Stamp Duties & Fees
Rate of Stamp Duty : The existing rate of stamp duty on some important Article of Schedule 1A of the Indian Stamp Act are mentioned below :

Sl. No.

No. & Name of Article

Rate of Stamp Duty

Rate of Regn. Fee

1.

4 Affidavit

Rupees Ten (Rs.10/-)

Rs.7.00

2.

5 Agreement
     (1) If relating to sale of  immovable            property
     (2) Others

The same as conveyance for market value (No.23)

Rs.7.00

3.

15 Bond

4% of value secured

 

4.

23 Conveyance (1% Addl SD if MV exceeds 25 lakhs)

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)

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/-.

2 Like

Anil Upadhyay (Lawyer)     22 August 2015

Please clear the state in which property is situated and detail of buyer (male or female)..

 

Thanks

1 Like

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