Case Law Details
Macrotech Developers Ltd. Vs State of Maharashtra (Bombay High Court)
a. It is declared that the Petitioners are entitled to the benefits of Order bearing No. Mudrank-2020/ C.R.No.136/ M-1(Policy) dated 29.08.2020 issued by the State of Maharashtra under the Maharashtra Stamp Act and subsequent orders granting concession in payment of stamp duty on the instrument of conveyance or agreement to sell of any immovable property in addition to the benefits already granted as per the Notification dated 08.03.2019 issued by the Government of Maharashtra, Urban Development Department, Mantralaya, Mumbai – 400032 for Integrated Township Project.
b. If any excess stamp duty is levied by the Respondent and recovered from the Petitioner or their purchasers without giving benefit of Order bearing No.Mudrank-2020/ C.R.No.136/ M-1(Policy) dated 29.08.2020 issued by the State of Maharashtra and benefit of Integrated Township project, the Petitioner shall provide to the Respondents a statement of their claim of excess stamp duty within four weeks from the date of receipt of the certified copy of this order and if such claim is made, the Respondents to refund the said excess stamp duty within four weeks from the date of receipt of application, failing which they will have to pay interest @ 12% p.a.
FULL TEXT OF THE HIGH COURT ORDER /JUDGEMENT
1. Rule. Rule made returnable forthwith. Heard by consent.
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This judgement of Hon’ble Bombay High Court has been set aside by the Hon’ble Supreme Court of India in CIVIL APPEAL NO.3187/2022 (arising out of SLP (C) No.8968/2021) – The State Of Maharashtra vs Macrotech Developers Ltd. on 26 April, 2022.