Adjustment of Stamp duty on sales agreement and Sales deed Adjustment of Stamp duty on sales agreement and Sales deed

2 months ago

Hi ,
I bought a flat in Bengaluru, Builder and I entered into Sale Agreement and got it registered in Sub Registrar office after paying stamp duty of 0.5% percent of total sale consideration.
1. is stamp duty which we will pay during the sales agreement is adjustable during sales deed.
2. is there any time period for adjustment.

Anik

Responded 2 months ago

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A.Dear Client,

Stamp duty is non-adjustable with previous registrations and must be paid for each document or deed registration. The concept of a time limit does not apply since there is no opportunity for adjustment.
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Vidhi Samaadhaan Vidhi Samaadhaan

Legal Counsel Vidhikarya

Responded 2 months ago

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A.Dear Client,
As regards your Q.No.1) Stamp duty is not adjustable with the earlier registration and is payable on every registration of a document/deed. Query No.2) As there is no scope for adjustment question of the time limit does not arise.
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Vidhi Samaadhaan Vidhi Samaadhaan

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