The Government of Rajasthan on November 20, 2024, issued a notification regarding the stamp duty chargeable on the instrument of purchase or lease of land with or without construction.
It is stated that the stamp duty chargeable on the instrument of purchase or lease of land with or without construction executed in favour of an enterprise eligible under the Rajasthan Investment Promotion Scheme, 2024 shall be remitted as under:-
• 75 per cent of the stamp duty shall be remitted at the time of registration of the instrument on submission of Entitlement Certificate issued by the appropriate authority/committee under the Scheme; and
• 25 per cent of the stamp duty paid at the time of registration of the instrument shall be remitted in the form of reimbursement as per procedure laid down by the State Government on submission of documentary evidence of the commencement of commercial production by the enterprise within a period specified under the Scheme:
But in case of breach of any of the conditions mentioned in the Scheme, the stamp duty remitted under this notification shall be recovered with interest as per the provisions of the Scheme.
[Notification No. S.O.86]
