Stamp Duty, Transfer Duty And Registration fee Payable on important documents
| DOCUMENT | STAMP DUTY | TRANSFER DUTY | REGISTRATION FEE | STAMP DUTY AND TD PAYABLE ON |
|---|---|---|---|---|
| SALE OF IMMOVABLE PROPERTY | ||||
| IN CORPORATIONS, SPECIAL GRADE AND SELECTION GRADE MUNICIPALITIES | 4% | 1.5% | 0.5% | MV OR CONSIDRATION WHICHEVER IS HIGHER |
| IN OTHER AREAS | 4% | 1.5% | 0.5% | -DO- |
| APARTMENTS/FLATS INCLUDING SEMI FINISHED IN ALL AREAS |
4% | 1.5% | 0.5% | -DO- |
| SALE AGREEMENT CUM GPA | 6% (5% adjustable & 1% not adjustable) | 0% | RS.2,000/- | -DO- |
| SALE AGREEMENT WITH POSSESSION | 4% (adjustable) | 0% | 0.5% ( subject to minimum of Rs.1000/- and maximum of Rs.20,000/-) | -DO- |
| SALE AGREEMENT WITHOUT POSSESSION | 0.5% ((not adjustable) | 0% | 0.5% (subject to a minimum of Rs.1000/- and maximum of Rs.20,000/-) | -DO- |
| DEVELOPMENT AGREEMENT CUM GPA | 1% (not adjustable) | 0% | 0.5% (subject to a maxium of Rs.20,000/- | -DO- |
DEVELOPMENT/ CONSTRUCTION AGREEMENT |
0.5% ((not adjustable) | 0% | 0.5% (subject to a minimum of Rs.1000/- and maximum of Rs.20,000/-) | -DO- |
| PARTITION AMONG FAMILY MEMBERS | 0.5% ON VSS subject to a maximum of Rs.20,000/- | 0% | RS.1000 | -DO- |
| PARTITION AMONG CO OWNERS (OTHER THAN FAMILY MEMBERS) |
1% ON VSS | 0% | RS.1000 | -DO- |
| RELEASE | 3% | 0.5% (subject to a minimum of Rs.1000/- and maximum of Rs.10000/-) | -DO- | |
| SETTLEMENT AMONG FAMILY MEMBERS |
1% | 0 | 0.5% (subject to a minimum of Rs.1000/- and maximum of Rs.10000/-) | -DO- |
| SETTLEMENT TO OUTSIDE FAMILY MEMBERS |
2% | 0 | 0.5% (subject to a minimum of Rs.1000/- and maximum of Rs.10000/-) | -DO- |
| SETTLEMENT CHARITABLE AND RELIGIOUS PURPOSES |
1% | 0 | 0.5% (subject to a minimum of Rs.1000/- and maximum of Rs.10000/-) | -DO- |
| GIFT (IN FAVOURE OF RELATIVES AS DEFINED U/S 56 (2) OF IT ACT,1961 AND GOVT./LOCAL BODIES/UDAs) | 1% | 1.5% | 0.5% (subject to a minimum of Rs.1000/- and maximum of Rs.10000/-) | -DO- |
| GIFT IN OTHER CASES | 4% | 1.5% | 0.5% (subject to a minimum of Rs.1000/- and maximum of Rs.10000/-) | -DO- |
| MORTGAGE WITHOUT POSSESSION | 0.5% | 0% | 0.1% | ON THE MORTGAGE MONEY |
MORTGAGE WITHOUT POSSESSION IN FAVOUR OF GOVT. OR LOCAL BODIES OR UDAs TO ENSURE COMPLIANCE TO BUIDING/ LAYOUT RULES. |
Rs..5000/- | 0% | 0.1% | ON THE MORTGAGE MONEY |
| MORTGAGE WITH POSSESSION |
2% | 1.5% | 0.1% | -DO- |
| DEPOSIT OF TITLE DEEDS | 0.5% subject to a minimum of Rs..50000 | 0 | 0.1% SUBJECT TO A MAXIMUM OF RS.10000 | -DO- |
| GENERAL POWER OF ATTORNERY AUTHORISING AGETNT BEING FAMILY MEMBER TO SELL, TRANSFER OR DEVELOP IMMOVABLE PROPERTY |
RS.1000 | 0 | 0.5% (subject to a minimum of Rs.1000/- and maximum of Rs.20000/-) | |
| GENERAL POWER OF ATTORNERY AUTHORISING AGETNT TO SELL, TRANSFER OR DEVELOP IMMOVABLE PROPERTY GIVEN TO OUTSIDERS (OTHER THANFAMILY MEMBERS) |
1% | 0 | 0.5% (subject to a minimum of Rs.1000/- and maximum of Rs.20000/-) | MARKET VALUE OR CONSIDERATION WHICHEVER IS HIGHER |
| GENERAL POWER OF ATTORNERY FOR ANY PURPOSE OTHER THAN AUTHORISING THE AGENT TO SELL, DEVELOP IMMOVABLE PROPERTY |
RS.50 | 0 | RS.1000 | |
| SPECIAL POWER OF ATTORNEY | RS.20 | 0 | RS.1000 FOR ATTESTATION | |
| WILL | 0 | 0 | RS.1000 | |
| LEASE | please see G.O.Ms.No.588, Revenue (registration-1 ) Department dated: 04.12.2013 | |||