Latest Stamp Duty and Registration Charge

Post Reply
msn1270
Posts: 1526
Joined: June 17th, 2009, 2:21 pm

Latest Stamp Duty and Registration Charge

Post by msn1270 »

Hi

Can someone give me the current Stamp Duty and Registration charges for Karnataka which is effective from 1st April 2012.

While searching online, I got two different values. Few websites says it is 5.6% + 1 %, of the Sale Deed Value.
Whereas, few other sites says 5% + 1 %.
niarhab
Posts: 97
Joined: October 8th, 2009, 12:42 am

Re: Latest Stamp Duty and Registration Charge

Post by niarhab »

MSN

Its 5% + 1%. Karnataka government has given a discount of 1% last year.
rkrishna
Posts: 167
Joined: March 26th, 2012, 6:51 am

Re: Latest Stamp Duty and Registration Charge

Post by rkrishna »

It was 5.6% + 1 % a few months back.
nagsbhat
Posts: 150
Joined: May 13th, 2009, 11:33 am

Re: Latest Stamp Duty and Registration Charge

Post by nagsbhat »

It is 5.6% + 1%.
Also from October there will be 1% TDS has to be deposited by the buyer and the sale value should be adjusted accordingly. It will be sellers responsibility to claim the tax back based on actual usage of the sale consideration.
Ravi h.g.
Posts: 120
Joined: May 20th, 2009, 11:19 am

Re: Latest Stamp Duty and Registration Charge

Post by Ravi h.g. »

Post Reply

Return to “General”