I came across a statement that there is 40% surcharge on the stamp duty. Can you pl enlighten me when and by which law?

sudhir shah, Ahmedabad

28th February 2017

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Hi Sudhir,
Yes, suppose basic rate of Stamp Duty is 3.5% and Surcharge at the rate of 40% on basic rate i.e 1.4%. So, the total stamp duty is 3.5% + 1.4% = 4.9% (i.e. Rs.4.90 for every Rs.100 of sale consideration or part thereof.

Similarly, basic rate of Registration charges is - 1% (i.e. Rs.1 for every Rs.100 of sale consideration or part thereof).
Registration charges is not applicable if sale is executed in favour of female buyer. For more than one buyer for a single property, all buyers shall be female for availing such waiver of registration charge.

Devesh Kumar, Ahmedabad

6th March 2017

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yes, I am aware about the surcharge. what I really want to know is the name of ordinance/law/notification imposing this surcharge and from which date it is applicable.

sudhir shah, Ahmedabad

7th March 2017

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