Registration - Rates of Stamp Duty & Registration Fees
At present the rates of the Stamp Duty in respect of Sale, Gift and Mortgage with possession are 5% of market value of the property or consideration amount, whichever is higher. These rates has been reduced from 8% to 5% w.e.f. 10-4-2007 vide notification No. Revenue-stamp (F)1-1/2005. As such, the rates of Registration fees are 2% of the above amount subject to the minimum of Rs. 5.00 and maximum limit of the Registration Fees has been fixed Rs. 25,000/ vide notification No. Rev.1-9(stamps)3/79 dated 13-4-1999.
Recently, the Government has formulated the District level Market Valuation Committee for assess the real value of the property and fixed the rates for one Calendar Year.
The rates of Stamp Duty chargeable in all other documents have been provided in Schedule I-A of the Indian Stamp Act, 1899 which is available at page 783 of H.P. Land Code. As such the rates of Registration Fees are available in the Table of Registration Fee at page 843 of Code ibid.
Fee for document written by Document Writers:-
The document writer cannot charge the fees for writing any document in excess of these mentioned below and is bound to issue the proper receipt for the amount of fee received by him for writing any document.
Sr.No
|
Nature of Document
|
Approved Scale
|
1
|
An application for copy inspection or
search or other simple application
|
One Rupee
|
2
|
An application for the issue of
process.
|
One Rupee
|
3
|
An application for the extension of
period under Section 25 and Section 34 of the Registration Act.
|
Two Rupees
|
4
|
An appeal under section 72 of the Act
ibid.
|
Two Rupees
|
5
|
A document in which the value of the
property or the amount of consideration is specified as:
|
Original
|
Copy
|
1 to 1000
|
Four Rupees
|
Two Rupees
|
1000 to 10000
|
Eight Rupees
|
Two Rupees
|
10000 to 20000
|
Twelve Rupees
|
Two Rupees
|
20000 to 50000
|
Sixteen Rupees
|
Two Rupees
|
50000 and Above
|
Twenty Rupees
|
Two Rupees
|
6
|
A document certifying or amending a
previously registered document
|
Two Rupees
|
7
|
A special power of attorney
|
Two Rupees
|
8
|
An agreement
|
Two Rupees
|
9
|
A counterpart or duplicate drawn up
under Article 25 of Schedule I-A of the Indian Stamp Act, 1899.
|
Two Rupees
|
10
|
A consent deed without consideration
|
Five Rupees
|
11
|
Will, authority to adopt, adoption
deed general of attorney or divorce deed.
|
Ten Rupees
|
12
|
A document in which no value or
amount of consideration is given
|
Ten Rupees
|
13
|
A document for which no scale has
been prescribed above
|
Five Rupees
|