Andhra Pradesh Govt. issued a notification regarding the exemption of stamp duty and registration fee

Oct 24, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Government of Andhra Pradesh on October 22, 2024, issued a notification regarding the exemption of stamp duty and registration fee.

The Government of Andhra Pradesh hereby remits the Stamp Duty in full chargeable on documents of Consumption loans up to Rs. 50,000/-, Rescheduling loans, and Fresh Need based loans sanctioned by banks to the flood victims on or after August 30, 2024 in flood affected Districts in the State of Andhra Pradesh i.e., 1. Vizianagaram, 2.ASR, 3. Kakinada 4. Eluru, 5. West Godavari, 6. Krishna, 7. Guntur, 8. Bapatla, 9.Palnadu and 10.NTR.

The Government of Andhra Pradesh hereby makes the following amendment to Book 1 of CARD of "Table of fee" issued in G.O.Ms.No.463 Revenue (Regn. I) Dept., dated August 17, 2013 and subsequently amended from time to time.

• In the said "Table of Fees" after category 6(r), the following shall be added as 6(s) namely:

6(s) No registration fee shall be levied on documents of Consumption loans upto Rs.50,000/-, Rescheduling loans and Fresh Need based loans sanctioned by banks to the flood victims on or after 30.08.2024 In the flood affected Districts in the State of Andhra Pradesh i.e., 1. Vizianagaram, 2.ASR, 3. Kakinada 4. Cluru, 5. West Godavari, 6.Krishna, 7.Guntur, 8. Bapatla, 9. Palnadu and 10.NTR.

The Governor of Andhra Pradesh hereby exempt User Charges on documents of Consumption loans upto Rs.50,000/-, Rescheduling loans and Fresh Need based loans sanctioned by banks to the flood victims on or after 30.08.2024 in the flood affected Districts in the State of Andhra Pradesh i.e., 1. Vizianagaram, 2.ASR, 3. Kakinada 4. Eluru, 5. West Godavari, 6.Krishna, 7.Guntur, 8. Bapatla, 9.Palnadu and 10.NTR.

The above exemption of Stamp Duty, Registration Fee and User Charges shall be in force upto March 31, 2025.

[Notification No. G.O.Ms.No.235, Revenue (Registration.II)]


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