Sale Agreement
5 months ago
I want to sell my two wheeler. For that how much cost of stamp paper duty required ? (Indore, Madhya Pradesh)
There is no specified value of stamp paper for the execution of a sale agreement to sell a two-wheeler. A Non-Judicial Stamp Paper valued Rs 10 to 50 as available from the stamp vendor meets the purpose well, provided it should be made stating the agreed sale price of the vehicle, mode and time of payment by the buyer, and fair terms and conditions between the parties witnessed by at least two witnesses and notarized by a Notary Public to make it a valid document.
Vidhikarya
To determine the exact amount of stamp duty required for selling your two-wheeler, you would need to check the prevailing stamp duty rates in your state. You can usually find this information on the website of the State Government's Revenue Department or by visiting the local Sub-Registrar's office. Because it will various state to state.
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