The Finance Department of Rajasthan on July 10, 2024, issued the Rajasthan Stamp (Amendment) Rules, 2024, to further amend the Rajasthan Stamp Rules, 2004.
This shall come into force on July 10, 2024.
The following has been stated namely: -
• Rule 57 – “Facts affecting duty to be set forth in instrument” shall be substituted with:
o “(1) The consideration if any and all other facts and circumstances affecting the chargeability of any instrument with duty, or the amount of the duty with which it is chargeable, shall be fully and truly set forth therein.
o (2) The market value of the immovable property shall be determined on the basis of market value of the open land and the constructed portion separately as per their respective rates.
o (3) The registering officer, for ascertaining the correctness of facts mentioned in the instrument of immovable property affecting stamp duty, may inspect the property himself or may direct his subordinate employee or any officer or employee authorised by the State Government under sub-rule (4) for such inspection.
o (4) The State Government, for the purpose of ascertaining the correctness of the facts affecting the valuation of the immovable property mentioned in the instrument, may by order authorise for inspection any officer or employee of the Government, Local Bodies or State Enterprises or any other person and specify the methods and norms of inspection of such immovable properties through electronic device or otherwise.
o (5) The State Government or Inspector General of Stamps may prescribe a proforma for specific mention of any information and such a proforma duly filled in shall always be deemed to be a part of the instrument.”
[Notification no. - S.O.22]
