What is Stamp duty?
Stamp duty is the tax amount an individual pays to the Government (Central and/or State of Gujarat) for executing various types of deeds or documents which have some sort of financial exchange, transaction or obligation associated with it. Stamp duty is also chargeable on the registration of sale, purchase or transfer of immovable property. Stamp duty is paid during the registration of a document or deed for e.g. for registration of Partnership deed or LLP agreement in case of LLP registration, the stamp duty is levied.
How to pay stamp duty?
- Stamp duty value is printed on stamp paper or e-stamp paper after the stipulated duty is paid.
- Stamp papers have different stamp values and each type of document/deed has to be executed on a stamp paper of a requisite value.
- Stamp value varies from region to region, and also on the value of the deed or transaction is executed.
Modes of Payment of Stamp duty in Gujarat:
| No. | Mode of Payment for Stamp Duty | Availability |
| 1. | Traditional Stamp Paper | Yes |
| 2. | e-Stamp Paper | Yes |
| 3. | Franking | Yes |
| 4. | Adhesive Stamps | Yes |
| 5. | GRAS | No |
| 6. | Notary Stamp | Yes |
| 7. | Revenue Stamps | Yes |
| 8. | Agreement Stamps | Yes |
| 9. | Non- Judicial | Yes |
Stamp duty rates in Gujarat:
Stamp duty charges vary from one state to another and may depend on gender, municipal areas or income groups within the state too. In Gujarat Basic rate of Stamp duty is 3.50% and Total rate is 4.90% i.e., Rs. 4.90 for every Rs. 100/- need to be paid as stamp duty for Gujarat Property Registration. The registration fee is 1.05%.
Here is a table showing Stamp duty rates in Gujarat for different documents, and agreements.
Table showing Stamp duty rates in Gujarat
|
Stamp duty rates in Gujarat |
|||
| Sr. No. | Particulars | rates | |
| Up to 04.08.19 Rs. |
W.e.f 05.08.2020 Rs. | ||
| 1 | Affidavit | 20 | 50 |
| 2 | Agreement or memorandum of agreement or its record | 100 | 300 |
| 3 | Partnership deed (If any partner brings immovable property as capital then stamp duty @ 3.5% of Jantri Value will be leviable on it) | 1% of total capital or Maximum 10,000/- | |
| 4 | Change in Constitution Partnership | 1% of additional capital | |
| Due to Increase in capital | (This will be in accordance with the duty payable under point no. 3. The additional duty payable will be computed after deducting the stamp duty already paid. The stamp duty shall not exceed INR 10,000/- (threshold limit for stamp duty payable)) | ||
| Any other reason | 100 | 200 | |
| 5 | Dissolution of Reason | 100 | 200 |
| 6 | Apprenticeship Deed | 100 | 300 |
| 7 | Power of Attorney | 100 | 300 |
| 8 | Notary Public Attestation | 35 | 50 |
| 9 | Indemnity bond, Inspector ship Deed | 100 | 300 |
| 10 | Release deed in blood relation (Documents for foregoing inheritance Rights) | 100 | 300 |
| 11 | Administration Bond | 100 | 300 |
| 12 | Adoption Bond | 100 | 200 |
| 13 | Appointment in Execution of Power | 100 | 300 |
| 14 | Appraise ment or Valuation | 100 | 300 |
| 15 | Award | 100 | 300 |
| 16 | Cancellation | 100 | 300 |
| 17 | Composition Deed | 100 | 300 |
| 18 | Copy or extract | 100 | 300 |
| 19 | Counterpart or Duplicate | 100 | 300 |
| 20 | Customs Bond of Exercise Bond | 100 | 300 |
| 21 | Divorce | 100 | 300 |
| 22 | Letter of Guarantee | 100 | 300 |
| 23 | Letter of License | 100 | 300 |
| 24 | Marriage registration | 100 | 200 |
| 25 | Memorandum of Association of a Company | 100 | 300 |
| 26 | Notarial Act | 20 | 50 |
| 27 | Note of Memorandum | 100 | 300 |
| 28 | Note or Protest by Master of Ship | 100 | 300 |
| 29 | Protest of Bill or Note | 100 | 300 |
| 30 | Re-conveyance Mortgaged Property | 100 | 300 |
| 31 | Record of Transaction | 100 | 300 |
| 32 | Release | 100 | 300 |
| 33 | Security bond or Mortgage deed | 100 | 300 |
| 34 | Surrender of Lease | 100 | 300 |
| 35 | Transfer | 100 | 300 |
| 36 | Trust | 100 | 300 |
| Stamp Duty rates and Registration Charges For Immovable property | |||
|
Stamp Duty for Immovable Property |
|||
| S.No | Stamp Duty | Rate | |
| 1 | The basic rate of Stamp duty | 3.50 % | |
| 2 | Surcharge at the rate of forty percent on basic rate | 1.40% | |
| 3 | Total Stamp Duty | 4.90% | |
|
Registration Charges for Immovable property |
|||
| 1 | Male | 1% | |
| 2 | Female | Nil | |
| 3 | (For Joint name) Male-Female | 1% | |
| 4 | (For Joint name) Female-male | Nil | |
*****
About EbizFiling.com: EbizFiling.com is a motivated and progressive firm managed by like-minded people. It helps a variety of small, medium and large businesses to cater to all compliance requirements of Indian Laws. Get in touch for a free consultation on info@ebizfiling.com or call 9643203209.
Author Bio
how to calculate Stamp duty & registration on Leave and liocense for 3 years in Gujarat State
Mr. A has purchase a apartment in 2002 directly from builder (With out paying Stamp duty) and I have purchased it from Mr. A in 2006 and paid stamp duty at the time of purchase. As per new changes in stamp duty law if I want to sell the apartment, is it necessary to pay stamp duty for the first purchase? if, yes at which jantri current or as on 2002?
i am a shareholder in kolkata. i am applying for duplicate share certificates to a co with regd office in gujarat . i will buy stamp paper in kolkata for indemnity bond , so the duty will go to bengal govt . so the value of stamp paper will be as per bengal rate or gujarat rate ? KINDLY GUIDE
Who will be responsible to pay stamp duty & in what amount in Ahmedabad Gujarat?
In 2000 @ Rs. 180000 Purchase by A from contactor
In 2004 @ Rs. 325000 Purchase by ME from A
In 2022 @ Rs. 1800000 me selling to C
Can you guide me?
what is the stamp duty for assignment deed? Provide reference for the same.
Whether stamp duty is exempted for BPL beneficiaries who are availing free3 LPG connection under Ujjawala scheme ?
On affidavit how much amount of notarial tickets are required to affix.
What is the rate of stamp duty applicable on Gold Loan Agreement in Gujarat
May I know the stamp duty levied by the Credit Co-operative society on loan amount of Rs.500000
Stamp Paper for Change in Constitution Partnership
May i know how much stamp duty pay for agriculture lend lease agreement (up to 1 year) in Gujarat
i want guidenance for partneship desolution
Is there any rule that the frenking touch to the words
In Gujarat: How much can a rental agreement be written on stamp paper?
Can u inform present stamp duty for Maninagar/ a’bad old apartment house flat transfer when a girl is purchasing .Is it possible to do on line or any ho d authorised/ local agent available.regs
please tell me :Who has to pay stamp duty for registration of a lease deed—the Lessor or Lessee?
please tell me :Who has to pay stamp duty for registration of a lease deed—the Lessor or Lessee?
For issue counter bank guarantee in Gujarat what stamp duty is impacted..
Please inform me how much Registration fee rate for female & men jointly buyers?
May i know how much stamp duty is to be paid by male on immovable property Land 618.43 sq. met + construction on land, survey no. 102, Village Vasana chacharwadi,Ta:Sanand, District:Ahmedabad, Gujarat
May i know how much stamp duty of construction on land 618.43 sq. met in survey no 102, village vasna chacharwadi, Ta: Sanand, Distr: Ahmedabad
is to be paid. It is immovable property. Purchaser is male.