Stamp Duty and Registration Fee, Remission on Documents of Purchase of Immovable Properties of Value Not Exceeding Rs.25,000
The Government of Tamil Nadu, Commercial Taxes and Registration (J1) Department issued G.O. Ms. No. 93, dated 4 July 2012, raising the property value ceiling for remission of stamp duty and registration fee from Rs.5,000 to Rs.25,000. The order amends the earlier stamp duty notification and registration fee table, and the higher ceiling took effect on 5 July 2012.
What the order does
G.O. Ms. No. 93 of the Government of Tamil Nadu, Commercial Taxes and Registration (J1) Department, dated 4 July 2012, provides remission of stamp duty and registration fee for qualifying documents involving the purchase of immovable property. It increases the maximum property value eligible for the remission from Rs.5,000 to Rs.25,000.
The Government directed publication of the notifications in an extraordinary issue of the Tamil Nadu Government Gazette dated 5 July 2012. Both amendments came into force on that date.
Property documents covered
G.O. Ms. No. 93 applies to instruments of sale involving the transfer of immovable property where the market value does not exceed Rs.25,000. For such qualifying documents, no stamp duty or registration fee is payable under the remission described in the order.
The document refers to the market value of the immovable property. It does not state that every document with a declared consideration of Rs.25,000 or less automatically qualifies.
Changes made
G.O. Ms. No. 93 makes two related amendments:
- The stamp duty notification is amended by replacing the earlier ceiling of Rs.5,000 with Rs.25,000.
- The applicable entry in the registration Table of Fees is amended by making the same replacement.
- The revised ceiling applies from 5 July 2012.
- Registration officers were asked to display the details on office notice boards so that members of the public could know about and use the benefit.
Who may be affected
G.O. Ms. No. 93 may affect buyers and sellers executing sale instruments for low value immovable property in Tamil Nadu. It is relevant where the property's market value does not exceed Rs.25,000 and the document otherwise falls within the remission described by the notifications.
The order was circulated to registration officials, including Deputy Inspectors General of Registration, District Registrars and Sub-Registrars. Property buyers relying on the remission would therefore deal with the relevant registration office when presenting the qualifying sale document.
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 is the maximum property value eligible for the remission?
The market value of the immovable property must not exceed Rs.25,000. G.O. Ms. No. 93 raised the earlier ceiling from Rs.5,000.
Does the remission cover both stamp duty and registration fee?
Yes. The order amends both the stamp duty notification and the registration Table of Fees for qualifying sale instruments.
When did the Rs.25,000 ceiling take effect?
The amendments came into force on 5 July 2012, when the notifications were to be published in the Tamil Nadu Government Gazette.
Does every property sale priced at Rs.25,000 or less qualify?
The order applies to instruments of sale transferring immovable property whose market value does not exceed Rs.25,000. The source does not say that declared sale consideration alone determines eligibility.
