G.O.Ms.No.49, Revision of Registration Fee to 4%, 2017
The Tamil Nadu Commercial Taxes and Registration (J2) Department issued G.O.Ms.No.49, dated 8 June 2017, revising the registration fee for deeds of conveyance, exchange, gift and settlement among non-family members to 4%, with effect from 9 June 2017. It amends the existing Table of Fees under the Registration Act, 1908.
What the government order does
The Tamil Nadu Commercial Taxes and Registration (J2) Department issued G.O.Ms.No.49, dated 8 June 2017, to revise the registration fee for specified transactions among non-family members. The revised fee applies from 9 June 2017 and amends the Table of Fees published under the Registration Act, 1908.
The revision followed a proposal from the Inspector General of Registration. The proposal was made after the Valuation Committee decided on a downward revision of Market Value Guidelines.
Transactions covered
G.O.Ms.No.49 applies to deeds involving non-family members in the following categories:
- Conveyance
- Exchange
- Gift
- Settlement
The source does not define who qualifies as a family member or non-family member. It only states that the revised rate applies to transactions among non-family members.
How the fee is calculated
The notification sets the registration fee at four rupees for every hundred rupees, or part of a hundred rupees, of the relevant value or amount. This is described in the government order as a 4% registration fee.
The calculation is based on the value or amount on which stamp duty is payable under the Indian Stamp Act, 1899. The notification does not state that the registration fee replaces stamp duty. It identifies the stamp duty value or amount as the basis for calculating the registration fee.
Who may be affected
G.O.Ms.No.49 may affect a buyer, owner, donor, recipient or other party registering a covered deed where the parties are non-family members. Professionals preparing or presenting conveyance, exchange, gift or settlement deeds may also need to account for the revised fee.
The revised rate took effect on 9 June 2017. The government also directed publication of the appended notification in an extraordinary issue of the Tamil Nadu Government Gazette dated 9 June 2017.
Legal change made
The appended notification adds a further proviso to Article 1 of the existing Table of Fees. The Governor of Tamil Nadu made the amendment 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
What registration fee applies to a sale or other conveyance between non-family members?
For a deed of conveyance among non-family members, G.O.Ms.No.49 sets the registration fee at 4% of the value or amount on which stamp duty is payable.
Does the 4% fee also apply to gift and settlement deeds?
Yes. The revised fee covers deeds of gift and settlement among non-family members, as well as conveyance and exchange deeds.
When did the revised registration fee take effect?
The revised registration fee took effect on 9 June 2017.
Does G.O.Ms.No.49 explain who counts as a family member?
No. The document refers to transactions among non-family members but does not define family member or non-family member.
