G.O.Ms.No.49, Revision of Registration Fee, 2017
The Commercial Taxes and Registration (J2) Department issued G.O.Ms.No.49 on 8 June 2017, revising the registration fee for deeds of conveyance, exchange, gift and settlement among non-family members to 4 per cent from 9 June 2017. The order amends the Table of Fees under the Registration Act, 1908, and calculates the fee on the value or amount on which stamp duty is payable.
What the order changes
G.O.Ms.No.49 of the Commercial Taxes and Registration (J2) Department, dated 8 June 2017, revises the registration fee for specified documents among non-family members. The revised fee applies from 9 June 2017.
The order covers:
- Deeds of conveyance.
- Deeds of exchange.
- Deeds of gift.
- Deeds of settlement.
- Only transactions described as being among non-family members.
For these documents, the registration fee is fixed at Rupees four per Rupees hundred, or part thereof, on the value or amount on which stamp duty under the Indian Stamp Act, 1899 is payable. This is expressed in the order as a 4 per cent registration fee.
Who may be affected
G.O.Ms.No.49 may affect a buyer, owner, donor, recipient or other party registering a conveyance, exchange, gift or settlement deed involving non-family members in Tamil Nadu. The source does not define who qualifies as a family member or non-family member.
The revised registration fee is separate from the stamp duty referred to in the calculation. The order uses the value or amount on which stamp duty is payable as the basis for calculating the registration fee.
Reason for the revision
G.O.Ms.No.49 records that the Inspector General of Registration proposed the 4 per cent fee following a decision of the Valuation Committee to revise Market Value Guidelines downward. The Government examined and accepted that proposal.
The Valuation Committee referred to in the order was constituted under the Indian Stamp Act, 1899. The order does not provide the revised guideline values themselves.
Amendment and publication
G.O.Ms.No.49 amends the existing Table of Fees by adding a further proviso under Article 1. The amended table originated in a Judicial Department notification dated 30 March 1909 and had subsequently been amended.
The Government also directed that the appended notification be published in an extraordinary issue of the Tamil Nadu Government Gazette dated 9 June 2017. The notification was made by the Governor of Tamil Nadu under the Registration Act, 1908.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
When did the revised 4 per cent registration fee take effect?
The revised registration fee took effect on 9 June 2017.
Which documents are covered by G.O.Ms.No.49?
It covers deeds of conveyance, exchange, gift and settlement among non-family members.
How is the registration fee calculated?
The fee is Rupees four per Rupees hundred, or part thereof, calculated on the value or amount on which stamp duty is payable.
Does G.O.Ms.No.49 define a non-family member?
No. The source states that the fee applies to transactions among non-family members, but it does not define that term.
