The Finance Department, Rajasthan on July 10, 2024, suppressed an older notification related to stamp duty chargeable on the subsequent conveyance deed of a unit of multistory buildings exceeding four floors.
The following has been stated:
• It has stated that the stamp duty chargeable on the subsequent conveyance deed of a unit of multistory buildings exceeding four floors, executed within three years after registration of first conveyance deed of such unit, shall be reduced and charged at the rate of 3 percent on the market value.
[Notification No S.O.19]