Stamp duty rate increased after I paid the duty for buying house. What to do?
2 years ago
I paid stamp duty at lower rates in March 2021 to buy house in Pune. Agreement registration not done yet due to Covid situation. Stamp duty has increased in Maharashtra after 31st Mar, 2021. Do I need to pay additional stamp duty if I register the agreement now?
A.Hello
If the agreement registration has not been done yet then you'll have to pay the increased stamp duty. The amount paid to the builder for stamp duty and stilll not done would not make any exceptions. You'll have to pay the increased stamp duty.
Thanks.
Please rate if you find this advice helpful.
If the agreement registration has not been done yet then you'll have to pay the increased stamp duty. The amount paid to the builder for stamp duty and stilll not done would not make any exceptions. You'll have to pay the increased stamp duty.
Thanks.
Please rate if you find this advice helpful.
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Ayantika Mondal @ Prime Legal
Responded 2 years ago
A.Hello
If you have not already paid the stamp duty to the registrar or revenue officer, then in that case you would he required to pay the new stamp duty that is the additional stamp duty. You couldn't do anything about this you'll have to pay the said stamp duty.
Thanks.
If you have not already paid the stamp duty to the registrar or revenue officer, then in that case you would he required to pay the new stamp duty that is the additional stamp duty. You couldn't do anything about this you'll have to pay the said stamp duty.
Thanks.
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A.Unless you have paid the stamp duty to the authorities that is the revenue department/sub-registrar (paying to the builder does not mean PAID) then you you have to pay with the new rate on the date of the registration of the property.
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Vaidehi Samant
Responded 2 years ago
A.Stamp duty paid is valid for 6 months from the date of payment so I believe you will not have any problem before September 2021 if you happen to register your document. Thank you.
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Advocate Sinjari Bandyopadhyaya
Responded 2 years ago
A.As per Rule 8 of the Maharashtra e-Registration and e-Filing Rules, 2013:--
A document may be completed and submitted within 30 days from the next day of first data entry made. If document is not submitted within 30 days, then fresh data entry has to be made. The Stamp duty, Registration fees and any other charges if already paid, shall be adjusted up to six months from the date of payment.
A document may be completed and submitted within 30 days from the next day of first data entry made. If document is not submitted within 30 days, then fresh data entry has to be made. The Stamp duty, Registration fees and any other charges if already paid, shall be adjusted up to six months from the date of payment.
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Pardeep Kumar Dhiman Dhiman
Responded 2 years ago
A.Stamp fees us din deni hoti hai jis din aap documents ko execute kara rahe hai. Isliye aap is satamp fees deni hogi. Uske liye koi excuse nhi hoga. Kyoni satamp aap ne khrida hai but documents ko executed nhi kiya.
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Tanmoy Chattopadhyay
Responded 2 years ago
A.Stamp duty is only applicable during the registration of the document so if the stamp duty has increased within the interregnum and the registration is incomplete then the current stamp duty has to be paid.
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Jagannath S Pawar
Responded 2 years ago
A.Stamp duty is paid on registration of Agreement. If you are registering Agreement in the current situation where stamp duty has increased you will have to pay it if there is no agreement between you and the seller in contravention.
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