Finance Department, Rajasthan suppressed an older notification related to interest chargeable on the amount of stamp duty

Jul 11, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Finance Department, Rajasthan, on July 10, 2024, suppressed an older notification No. F.4(6) FD/Tax/2016-231 dated March 08, 2016, related to interest chargeable on the amount of stamp duty.

The following has been stated: -

•The interest chargeable under section 72 on the amount of stamp duty determined under the Rajasthan Stamp Act, for the period commencing from the date of execution of the instrument till the expiry of the period of thirty days from the date of order of the Collector (Stamps), shall be remitted but interest already paid shall not be refunded.

[Notification No. S.O.21]

 


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