Status Check, Procedures, Facilities

Organisation : Directorate of Registration & Stamp Revenue West Bengal
Facility : Stamp Duties & Registration Fees

Home Page : http://www.wbregistration.gov.in/%28S%28kf4ywksjed2r1hguzqu1lc41%29%29/index.aspx
Fee here:http://www.wbregistration.gov.in/%28S%28gwqawlanv21h00wlpmqdjcnz%29%29/Stamp_duty.aspx

Stamp Duties & Fees :

Rate of Stamp Duty :
The existing rate of stamp duty on some important Article of Schedule 1A of the Indian Stamp Act are mentioned below :

Related / Similar Service : West Bengal e-Payment of Registration Fees

1.4 Affidavit :
** Rate of Stamp Duty Rupees Ten (Rs.10/-)
** Rate of Regn. Fee Rs.7.00

2. 5 Agreement :
(1) If relating to sale of immovable
(2) Others
** Rate of Stamp Duty The same as conveyance for market value (No.23)
** Rate of Regn. Fee Rs.7.00

3. 15 Bond :
** Rate of Stamp Duty Rupees
** Rate of Stamp Duty 4% of value secured

4. 23 Conveyance (1% Addl SD if MV exceeds 25 lakhs) :
Rate of Stamp Duty
** 5% on maeket value in Panchayet Area
** Rate of Regn. Fee 6% on market value in Municipal Areas,
** Corporation Areas and Development Authority Areas (Additional Stamp Duty of 2% for KIT & HIT areas has ben abolished since 01.08.2006)
** Rate of Regn. Fee
** Up to Rs.250/- is Rs.2/-
** Up to Rs.500/- is Rs.7/-
** Up to Rs.1000/- is Rs.8/-UP to Rs.5000/- is Rs.9/-
** For Rs. 1000 or part thereof in excess of Rs.1000/-.
** Above Rs.5000/- is Rs.11/- for Rs.1000 or part thereof in excess of Rs.5000/-.

5. Exchange of property :
** Rate of Stamp Duty Same duty as conveyance (No. 23) on market value of the property of greatest value
** Rate of Regn. Fee Same as above

6. 33 Gift
(1) When made to a member of a family
(2) When made to an another person
** Rate of Stamp Duty 0.5% of the market value of the property
** Rate of Regn. Fee Same duty as conveyance (No.23) on market value Same as above

7. 35 Lease :
(a)Only rent is fixed
Rate of Stamp Duty i)less than one year
Rate of Regn. Fee i)1-5 year

Partnership Capital :
Rate of Stamp Duty
(a)Up to Rs.500/-
(b)Up to Rs.10000/-
(c)Up to Rs. 50000/-
(d)Exceeding Rs.50000/-
Rate of Regn. Fee
Rs. 20/-
Rs. 50/-
Rs. 100/-
Rs.150/-
Rs.7.00

25 lac & its below :
(a)Corporation (Kolkata/Howrah) Area 6%
(b)Municipal Corp./Municipality/Notified Area 6%
(c)Other then those included in clause (a) or (b) 5%

FAQs :
1. In case of construction or flat or apartment, which area is taken into account for assessment of true market value – carpet, built-up or super built-up?
For the purpose of assessment of true market value, super built-up area is taken into account.

2. What is stamp duty?
It is a type of tax which is paid for the transaction performed by way of document or instrument under the provisions of the Indian Stamp Act, 1899.

3. Why stamp duty has to be paid?
The payment of proper stamp duty on instruments bestows legality on them. Such instruments get evidentiary value and are admitted as evidence in Court of law. The instruments which are not duly stamped are not admitted as evidence.

4. On what basis stamp duty should be paid – market value or consideration amount?
Stamp duty has to be paid on the market value and not on the consideration amount.

5. At what point of time stamp duty is payable on instrument executed in India?
Section 17 of the Indian Stamp Act, 1899 states that all instruments chargeable with duty and executed by any person in India shall be stamped before or at the time of execution.

6. At what point of time stamp duty is payable on instrument executed out of India?
Section 18 of the Indian Stamp Act, 1899 states that every instrument chargeable with duty and executed out of India may be stamped within three months after it has been first received in India.

7. Who is liable to pay the stamp duty?
Section 29 of the Indian Stamp Act, 1899 states who is liable to pay stamp duty in any type of instrument. In a nutshell, in the absence of an agreement to the contrary, the expense of providing the proper stamp duty shall be borne-

a) by the purchaser in case of instrument of sale or agreement to sale,
b) by the lessee or intended lessee in case of instrument of lease or agreement to lease,
c) by the donor in case of instrument of gift,

d) by the settler in case of instrument of settlement ,
e) by the parties thereto in proportion to their respective shares in case of instrument of partition,
f) by the parties in equal shares in case of instrument of exchange.