Stamp duty refund rules

Stamp duty refund rules (this only covers stamp duty not registration charges)

Refund of stamp duty is granted on –
(i) Spoiled paper
(ii) Blank document
(iii) Document executed but afterwards found to be unfit due to some reason
(iv) In cases of documents executed and registered but transaction cancelled due to some reason or the other

Spoiled Paper
In case of spoiled paper or blank document whether franked or on stamp paper, refund should be claimed within six months from the date of purchase of stamp paper or franked Document.

Executed Document (printed and signed document):
In case of document executed but afterwards found to be unfit due to some valid reason, refund should be claimed within six months from the date of purchase of stamp paper or franked Document.

Executed and Registered Documents:
In case of documents which are executed and registered but for some reason physical possession of property mentioned in the Document has not been handed over to the purchaser then in that case refund should be claimed within two years from the date of document.

REFUND OF EXCESS STAMP DUTY
Kindly note that no refund of excess stamp duty is currently possible.

For any further clarification and for processing your stamp duty refund, please contact…

Sky properties
9987452642

Courtesy : DNA newspaper 12.May.2012

9 Thoughts

  1. I had booked the property and franking was done but documents were not signed as I cancelled my booking. Now it is more than six months, is it possible now to get the stamp duty refund.

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  2. I have purchased a flat. stamp duty & registration is done last month, Now I want to cancel the agreement as there is some problem in my loan disbursement and register a cancellation deed can I get refund of my stamp duty?? if yes them how much in case of percentage?

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    1. Yes,you can get a refund.Please approach the collector of stamps of the area where you purchased the stamp paper from.Do it as soon as possible.How much will be deducted will be told to you at the office of collector of stamps.Do it as soon as possible.

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  3. I made payment of STP duty 274000 and rs 30000 for reign thru GRAS
    while doing I erred selecting stamp office and hence could not register
    Now since DEC 2013 I didt claim refund
    Could you advise which authority can be ctacted
    ramesh

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    1. Have you made an agreement and registered it ? If yes,then you can cancel and claim refund within 2 years.If you did not even register,then the time limit expires in 6 months.

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