The Industries Department, Government of Odisha on March 01, 2025, issued the notification regarding the Revised Operational Guidelines for Reimbursement of Stamp Duty under Industrial Policy Resolution 2022.
The following has been stated namely: -
• It shall extend to the whole of the State of Odisha
• It shall come into force from the "Effective Date" of Industrial Policy Resolution, 2022 which is December 01, 2022.
• No stamp duty will be required to be paid/Stamp Duty paid will be reimbursed, in I respect of transfer of land or shed by the Government, IDCO, and Private Industrial Estate developers to new industrial units in Priority and Thrust sectors and existing industrial units acquiring fresh land for expansion, modernization and diversification in Priority and Thrust sectors.
• Stamp Duty will be exempted/reimbursed on conveyance instruments for units required to be transferred to a new owner/management under the provisions of the State Financial Corporation (SFC) Act, 1951 or under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002, and IBC 2016.
[Notification No. 3281]
