The Maharashtra E Payment of Stamp Duty and Refund Rules PDF Form
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People also ask
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What is Section 47 of the Maharashtra Stamp Act?
Allowance for spoiled stamps. no legal proceeding has been commenced in which the instrument could or would have been given or offered in evidence and that the instrument is given up [to be cancelled, or has been already given up to the Court to be cancelled.]
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Who pays stamp duty buyer or seller in Maharashtra?
If the property is worth Rs 40 lakhs, the buyer must pay 2% of that amount in stamp duty, or Rs 80,000. If the property is registered for less than that amount, the buyer must still pay 2% of Rs. 40 lakhs in stamp duty because the property cannot be registered for less than the RR rate.
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What is the validity of stamp duty challan in Maharashtra?
Once the stamp duty is paid the document needs to be signed and registered within 6 months of such stamping/ challan date. In case the document gets signed within 6 months, you will automatically get extension of 4 months for registration as per law.
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What is the penalty for late payment of stamp duty on share certificate in Maharashtra?
What is the Penalty for not paying the stamp duty on share certificate? Penalty will be 2% per month, maximum 4 times of stamp duty value. This penalty need to be adjudicated at collector office.
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Can stamp duty be paid online in Maharashtra?
In case of Online Simple Receipt option the duty payer can make payment online with the help of Net Banking and can take a print of the Simple Receipt which is generated after successful payment, at his desk only and need not go to the bank.
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What are the rules for stamp duty refund in Maharashtra?
Whenever a sales deed is cancelled, the property buyer can get a refund of 98% of the stamp duty when an application is made for a refund. You must attach the original agreement and the original cancellation deed with the refund application for registration.
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What is the validity of stamp duty paid in Maharashtra?
The holder of the simple receipt mentioned in clause (e) shall get it defaced from the Registering Officer with whom the instrument is to be registered or from the Collector if related with the payment of stamp duty in ance with relevant sections of the said Act, within six months from the date of purchase of ...
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Is stamp duty refundable in India?
REFUND OF STAMP DUTY PAID If the claim is within 6 months the Stamp Duty will be refunded after deducting 10% of the total Stamp Duty Paid.
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