Chhattisgarh Govt. waived the Stamp Duty of one percent payable on transfer of immovable property

Aug 25, 2023 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Industry Specific ComplianceThe Government of Chhattisgarh on August 23, 2023, issued a notification related to the waiver of the Stamp Duty of one per cent payable on the transfer of immovable property.

The following has been stated:

Stamp Duty of one percent payable on transfer of immovable property situated within the limits of any Municipality, is hereby waived in full in respect of transfer cases relating to allotment/settlement of government land under encroachment and conversion of non-concessional/ concessional permanent lease into bhumiswami rights.

The above waiver shall come into effect from August 23, 2023, and shall be applicable till the financial year dated March 31, 2024.

[Notification No. F.5-9/2020/18]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT