Stamp Duty in Kochi

Q: What is the stamp duty rate in Kochi?

Smitha Ravi, Kochi

1st May 2014

Legal in Kochi

legal advice

taxation advice

stamp duty rates

stamp duty in kochi

property registration in kochi

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The current stamp duty in city limits is 7 per cent, 5 per cent in panchayats, and 6 per cent in municipal areas. The Kerala government are planning to fix a uniform tax rate at 6 per cent for the entire state. It is a tax imposed by the government on property transactions.
The stamp duty in Kochi has reduced from 13.5 to 9 per cent, and is currently at 7 per cent. The duty is to reduce to 6 per cent from April 1, 2014. Ensure you pay the stamp duty, because if you don't you'll have to pay a fine of 2 per cent every month or 200% of the stamp duty deficit amount.