Tamil Nadu Government Gazette, No. 4, Part II, Section 2 (2024)
The Government of Tamil Nadu published notifications from the Commercial Taxes and Registration Department under G.O. Ms. No. 136 dated 12 December 2023 and G.O. (Rt.) No. 506 dated 22 December 2023, and from the Home Department under G.O. Ms. No. 749 and G.O. Ms. No. 750, both dated 29 December 2023, covering stamp duty for specified leases and insurance policies and the establishment of courts at Elumathur Village in Erode District. The Labour Welfare and Skill Development Department also referred three employment disputes for adjudication under G.O. (D) No. 707 dated 28 December 2023, G.O. (D) No. 675 dated 15 December 2023 and G.O. (D) No. 682 dated 15 December 2023.
What the Gazette covers
The Tamil Nadu Government Gazette dated 24 January 2024 contains separate notifications issued by the Commercial Taxes and Registration Department, the Home Department and the Labour Welfare and Skill Development Department. For property readers, the main provision is a stamp duty remission for qualifying lease instruments at a specified State Industries Promotion Corporation of Tamil Nadu Limited industrial park.
Stamp duty provisions
G.O. Ms. No. 136 of the Commercial Taxes and Registration Department, dated 12 December 2023, remits stamp duty on lease instruments entered into by industries or allottees at the State Industries Promotion Corporation of Tamil Nadu Limited Industrial Park, Oragadam Phase-II (Vaippur Mathur Scheme), Kancheepuram District. The remission applies to the Medical Devices Park promoted under the Government of India scheme called “Promotion of Medical Devices Park”. The notification is deemed to have come into force on 30 March 2022.
G.O. (Rt.) No. 506 of the Commercial Taxes and Registration Department, dated 22 December 2023, provides for consolidated stamp duty of Rs.75,00,000 for insurance policies issued by the Life Insurance Corporation of India, NB Department, Divisional Office, Madurai, from 1 October 2023 to 31 March 2024.
Courts at Elumathur Village
G.O. Ms. No. 749 of the Home Department, dated 29 December 2023, makes the following arrangements:
- The number of District Munsifs for Erode District becomes ten when the District Munsif at Elumathur Village assumes charge.
- One District Munsif is fixed for the Elumathur Village court in Modakurichi Taluk.
- The Subordinate Judge's Courts at Erode receive original jurisdiction over the District Munsif's Court at Elumathur Village, in addition to their existing jurisdiction.
G.O. Ms. No. 750 of the Home Department, dated 29 December 2023, establishes a Court of Judicial Magistrate at Elumathur Village after consultation with the High Court, Madras.
Employment disputes
The Labour Welfare and Skill Development Department refers disputes involving Venture Lighting India Limited, Tamil Nadu State Transport Corporation (Madurai) Limited and the State Express Transport Corporation at Tirunelveli to the relevant Industrial Tribunal or Labour Court. The disputes concern bonus and ex gratia payments, withholding of an annual increment, absence treatment, salary loss and disciplinary penalties. Each tribunal or court is requested to give its decision within three months after receiving the relevant order.
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Common questions
Does the stamp duty remission apply to every industrial lease in Tamil Nadu?
No. It applies to lease instruments entered into by industries or allottees at the State Industries Promotion Corporation of Tamil Nadu Limited Industrial Park, Oragadam Phase-II (Vaippur Mathur Scheme), for the Medical Devices Park.
From what date does the Medical Devices Park lease remission apply?
The notification is deemed to have come into force on 30 March 2022.
What court arrangements were made for Elumathur Village?
The Government fixed one District Munsif for Elumathur Village, placed that court within the original jurisdiction of the Subordinate Judge's Courts at Erode, and established a Court of Judicial Magistrate at Elumathur Village.
Does the consolidated stamp duty provision apply to property insurance generally?
The Gazette only specifies insurance policies issued by the Life Insurance Corporation of India, NB Department, Divisional Office, Madurai, for the period from 1 October 2023 to 31 March 2024.
