for Art. (ii) within the limits of any Municipal Council or Nagar Panchayat or Cantonment area annexed to it, or any rural area within the limits of the Mumbai Metropolitan Region Development Authority, or the Influence Areas as per the annual statement of rates published under the Bombay Stamp (Determination of True Market Value of Property) Rules, 1995. Explanation III.(i) For the purposes of clause (da) the market value of shares,--, (a) in relation to the transferee company, whose shares are listed and quoted for trading on a stock exchange, means the market value of shares as on the appointed day mentioned in the Scheme of Amalgamation or when appointed day is not so fixed, the date of order of the High Court; and, (b) in relation to the transferee company, whose shares are not listed/or listed but not quoted for trading on a stock exchange, means the market value of the shares issued or allotted with reference to the market value of the shares of the transferor company or as determined by the Collector after giving the transferee company an opportunity of being heard. (iii) for a period exceeding 10 years but not exceeding 29 years, with a renewal clause contingent or otherwise. 0.3% of the amount secured by such deed subject to maximum of Rs. (b) where there is no disposition of property, --. Stamp Duty The e-stamping Portal will be integrated with myTax Portal. (2) For the purposes of this Order, the first instrument of transaction means, the first document executed between the project Proponent/s and the Purchaser (hereinafter referred to as the original purchaser) in respect of residential unit located in the areas as approved under the Pradhan Mantri Awas Yojana- Housing For All (Urban) Project area (hereinafter referred to as the said area). 100/- shall be charged. However, once the market value of a property crosses over Rs.30 Lakh, the buyer is required to pay 1% of the market value as the . 50/- while Stamp Duty for Rent Agreement in Bangalore is Rs. according to the share capital of the company ,subject to minimum of Rs.1,000 and maximum of Rs.50,00,000. According to the Maharashtra Stamp Act, each document require stamp with proper stamp duty and with the proper mode. // --> . 2.2 The stamp papers must be in the name of one of the parties to the transaction. More. The normal stamp duty to be paid is as per clause 5 (c) of schedule 1-A of the Indian Stamp Act applicable to Delhi i.e. Aftersection 68of the principal Act, the following section shall be inserted, namely : 68A. --Where under clause (f), duty has been paid on the power of attorney, and a conveyance relating to that property is executed in pursuance of power of attorney between the executant of the power of attorney and the person in whose favour it is executed, the duty on conveyance shall be the duty calculated on the market value of the property reduced by duty paid on the power of attorney. 10B. (2) Letter of hypothecation accompanying a bill of exchange, ARTICLE 10 ARTICLES OF ASSOCIATION OF A COMPANY. The same duty as is payable under clauses (a) and (b). This tax is referred to as stamp duty. 50,000 or part thereof. ((navigator.appName == "Microsoft Internet Explorer") && Both the Parties of the agreement are also situated in Maharashtra. But since most service agreements have an indemnity clause, the same is to be read with entry 34 of the same act, i.e. (2) Dissolution of partnership or retirement of partner inclusive of Limited Liability Partnership and Joint Venture to run a business ,earn profits and to share profits ,whether in cash or in kind-. Further it has to be paid on time to avoid penalty. -- A mortgagor who gives to mortgagee a power of attorney to collect rents, or a lease of the property mortgaged or part thereof, is deemed to give possession within the meaning of this article. The acceptance of on-line payment of Maharashtra State's Taxes through the internet portals of various banks have been developed, without having any implication on the existing procedure of the executive and accounting agencies of the Department. 4.6 The date of issue of the stamp paper must not be more than 6 months older than the date of the transaction. The licensor is responsible for registering the leave and license agreement with the government; non-registration of a leave & license agreement also leaves the licensor responsible for a monetary fine or incarceration, in addition to the possibility of pushing the premises into litigation. 0.2%. STAMPS TO BE USED -- Adhesive Stamp Paper Rule 11, ARTICLE 39 MEMORANDUM OF ASSOCIATION OF A COMPANY (Detailed chart attached). All the charges put together can come up to 7% to 10% of the total market value of the property or more than that. TRANSFER (whether with or without consideration). Declaration of -- of, or concerning, any property when made by any writing not being a Will,--, (a) where there is disposition of property, --. 100/- and fractions of less than Rs. W.e.f. such agreement, records thereof or memorandum, as they apply to an instrument under that section: Provided further that, if the proper stamp duty is paid under clause (g) of article 48 on a power of attorney executed between the same parties in respect of the same property then, the stamp duty under this article shall be one hundred . A license can apply to any type of intellectual property - trademark, patent, copyright, design and/or know-how. Stamp duty rate: The rates at which stamp duty is charged in various Indian states at present range from 4 per cent to 10 per cent. Stamp Duty is charged on all property transactions in India, ranging from 3 percent to 7 percent. Transfer of Shares, Debentures, Bills of Exchange, Receipt, etc) or not chargeable at all (i.e., if they are not specified under the Act as well as under the Indian Stamp Act). The same duty as is leviable on a Conveyance under clause (a), (b) or (c), as the case may be, of Article 25, on the market value of such property ,subject to a minimum of Rs. Step 2: Select an area, that is, Municipal Corporation or Gram Panchayat. function MSFPpreload(img) LETTER OF GUARANTEE,SeeAgreement (Article 5). ARTICLE 25 - CONVEYANCE DEED, SALE DEED, AGREEMENT FOR SALE, CONVEYANCE (not being a transfer charged or exempted under Article 59) --, On the true market value of the property which is the subject matter of the Conveyance,--, (b) if relating to immovable property situated ,--. 3. In absence of any State stamp legislation, the IS Act applies. The Haryana State Government has decided to cut stamp duty on loan agreements to just 100. 2. 100/- need to be paid as stamp Duty for Gujarat Property Registration. The concession is applicable to Mumbai Metropolitan Region, Pune, Nagpur and Pimpri Chinchwad. 9.10 Section 38of the principal Act shall be deleted. Such instruments can be admissible in evidence on payment of the requisite amount of duty and a penalty @ 2% per month on the deficient amount of duty calculated from the date of execution. Proof of Title: Controller of Stamps ,Mumbai/Designated Officers. It is basically a levy on any transaction based on exchange of documents or execution of instruments. ; by which property, whether movable or immovable, or any estate or interest in any property is transferred to, or vested in, any other person. The same duty as is leviable on a Conveyance under clause (a), (b) or (c), as the case may be, of Article 25, on the market value of such property. Provided that, on conveyance of property by the person, under an agreement under this sub-clause to the subsequent purchaser, the duty chargeable for each unit under this sub- clause shall be adjusted against the duty chargeable under Article 25 (conveyance) after keeping the balance of Rs. Steps for Section 8 Company Registration in Mumbai. Under the license, the licensor retains ownership of the IP and the licensee has the right to use the IP only in accordance with the terms of the license. The same duty as is leviable on a Conveyance under clauses (b) or (c), as the case may be of Article 25, on the market value of the property. As per announcement, stamp duty was brought down to 2% (from 5%) until 31st December 2020 and 3% for the period between 1st January 2021 and 31st March 2021. It is an indirect tax collected by the State Government in Maharashtra. A Leave and Licence Agreement is also known as a Rent Agreement. So, if someone is transferring his property to their children, spouse or siblings though a deed of gift, they have to pay three per cent of the deal value as stamp duty. For all properties with a market value below Rs.30 Lakh, the registration charges are set at a static Rs.30,000. Insection 52A of the principalAct, (a) in sub-section (1), for the words one lakh the words five lakhs shall be substituted; (b) in sub-section (2), for the words ten lakhs at both the places where they occur, the words twenty lakhs shall be substituted. (2) The Chief Controlling Revenue Authority shall authorize a person nominated by such Department or body, etc. See also Certificate or other Document (Article 17). Generally, the stamp duty is paid by the buyer, in some cases, the buyer and seller decide to split the stamp duty as per an earlier signed agreement. Thanks. However, an instrument can be registered within additional 4 months by paying penalty which is equivalent to 2.5 times per month or part thereof subject to maximum 10 times. Explanation I. (ii) an amount equal to 0.7 %, of the aggregate of the market value of the shares issued or allotted in exchange or otherwise and the amount of consideration paid, for such amalgamation, whichever is higher: Provided further that, in case of reconstruction or demerger the duty chargeable shall not exceed, -, (i) an amount equal to 5 % of the true market value of the immovable property located within the State of Maharashtra transferred by the Demerging Company to the Resulting company; or. RELEASE, that is to say, any instrument (not being an instrument as is provided for by section 24) whereby a person renounces a claim upon other person or against any specified property,--. A person can be punished with rigorous imprisonment for up to 6 months (not less than 1 month) and with fine up to 5,000, if it is proved that the instrument was undervalued or short payment of duty was made with intention to evade duty. Provided that, if the property is gifted to a family member being the husband, wife, brother or sister of the donor or any lineal ascendant or descendant of the donor, then the amount of duty chargeable shall be at the rate of 3 per cent on the market value of the property which is the subject matter of the gift, Provided further that ,if the residential and agricultural property is gifted to husband, wife, son, daughter, grandson and grand-daughter, the amount of duty chargeable shall be Rs.200. Certain departments, organisations, Institutions etc., to ensure payment of stamp duty 16 11. SURRENDER OF LEASE including an agreement for surrender of lease--. Who bears and pays the stamp duty is a matter of agreement between the parties. (a) in sub-section (1),- (i) after the word sale, the word lease, shall be inserted ; (ii) after the words development agreement, where it occurs for the second time, the word lease, shall be inserted ; (b) in the marginal note, after the word sale, the word lease, shall be inserted. ** Amount given is leviable only if the Memorandum of Association (MOA) is accompanied by Articles of Association (AOA). The Ready Reckoner is also available online on the IGR website. A Leave and License Agreement is an agreement wherein the licensor temporarily allows the licensee to use and occupy licensor's immovable property, either full or a portion of it, for the purpose of carrying out business activity or for residential use. 100. If you want to do it yourself, the fee is INR 1,000 if your property is under the jurisdiction of the Municipal Corporation, and INR 500 if your property is . 1% of the amount of share contribution subject to maximum of Rs.15,000. Articles of any association not formed for profit and registered under section 25 of the Companies Act, 1956 See also Memorandum of Association of a Company (Article 39). The stamp office determines the market value of the property by referring to an Annual Statement of Rates (commonly known as Stamp Duty Ready Reckoner) which provides the Market Values of various immovable properties in Maharashtra. STAMPS TO BE USED -- Adhesive Stamp, Rule 13 (f) or Non-Judicial Stamp, Rule 6. A highly motivated and ambitious practising Advocate and Solicitor with an experience in commercial litigation and dispute resolution. STAMPS TO BE USED -- Non - Judicial Stamp Paper Rule 6 or Impressed Label/Special Adhesive Stamp Paper Rule 10(ii). What was Stamp Duty At The Time Of Agreement Dates 10-12-1985 and 04-07-1980? (ii) an amount equal to 0.7%, of the aggregate of the market value of the shares issued or allotted to the Resulting Company and the amount of consideration paid, for such demerger, whichever is higher: Exemption: Assignment of copyright under the Copyright Act, 1957 (IXV of 1957). (3) The Occupancy Certificate must be granted by the concerned Planning Authority. The same duty as is leviable on a Conveyance under clauses (b) or (c), as the case may be of Article 25, on the market value of the property. 9.17 Punishment for prevention or obstruction to entry of Officer exercising powers u/s. if(MSFPhover) { MSFPnav3n=MSFPpreload("../_derived/up_cmp_Profile110_up.gif"); MSFPnav3h=MSFPpreload("../_derived/up_cmp_Profile110_up_a.gif"); } There are a host of legal formalities involved. Kindly clarify. As per the Ordinance dated 9th February 2021 amendment to Articles 6(1) and 40 has been carried out to bring uniformity in stamp duty chargeable on the instruments of mortgage by deposit of title deeds and simple mortgage deed. Provided that, the provisions of section 32A shall,mutatis mutandis, apply to such agreement, records thereof or memorandum, as they apply to an instrument under that section: Provided further that, if the proper stamp duty is paid under clause (g) of article 48 on a power of attorney executed between the same parties in respect of the same property then, the stamp duty under this article shall be Rs. Any officer not below the rank of Collector having sufficient reason to believe that, it is necessary to inspect or call for any registers, books, records including a diskette, magnetic cartridge tape, CD-ROM or any other computer readable media or any electronic record mentioned under clause (t) of sub-section (1) of section 2 of the Information Technology Act, 2000, papers, documents, instruments or proceedings which may lead to the discovery of any fraud or omission in relation to any duty, shall, at all reasonable times may himself or through any officer authorised by him in this behalf, who shall be not below the rank of Gazetted GroupB officer or Sub-Registrar, Grade-I appointed under the Registration Act, 1908 or Inspector of Stamps, enter in any premises and inspect the same in the custody of any person, office, firm or any other entity and take such notes and extracts as he may deem necessary, without payment of any fee or charge, and if necessary, seize and impound only the chargeable documents as per the provisions of section 33 . Aftersection 67of principal Act, the following section shall be inserted, namely : 67A. It is pretty much similar to what a government collects for sales tax and income tax. The slashing of stamp duty in Mumbai from 5% to 2% from September to December 2020, and 3% till March 31, 2021, had boosted residential realty sales. 1-5-1994, the date of issue of the stamp paper must not be more than 6 months older than the date of the transaction. (c) exceeds rupees 5,000 but does not exceed rupees 10,000; (d)exceeds rupees 10,000 but is less than rupees 10,00,000; and. Insection 32Aof the principal Act, (i) in sub-section (1), after the words by way of assignment the following portion shall be inserted, namely : and also any other instruments mentioned in SCHEDULE I chargeable with duty on the basis of market value of the property; (ii) in sub-section (2), in the third proviso, for the word double the words four times shall be substituted; (iii) in sub-section (4), (a) the first and second provisos shall be deleted; (b) in the third proviso, for the word double the words four times shall be substituted. Instrument of gift has been defined to include, where the gift is of any movable or immovable property but has not been made in writing, any instrument recording whether by way of declaration or otherwise the making or acceptance of such oral gift. 11.2Stamp duty of Rs.1000/- only for property located in areas approved under the Pradhanmantri Awas Yojana subject to certain conditions, No.Mudrank-2015/1745/UOR.24/CR-573/M-1.In exercise of the powers conferred by clause (a) of section 9 of the Maharashtra Stamp Act (LX of 1958) (hereinafter referred to as the said Act) and in supersession of the Government Order, Revenue and Forests Department, No.Mudrank-2015/1745/ U.O.R.24/CR-573/M-1, dated the 1st December 2016, the Government of Maharashtra, being satisfied that it is necessary to do so in the public interest, hereby reduces and fixes the stamp duty to the extent of Rs.1000/-(Rupees One Thousand only) as otherwise chargeable under clause (b) of Article 25 of Schedule-I appended to the said Act, on the first instrument of transaction, between the project Proponent/s and the Purchaser of any unit belonging to the beneficiary of Economically Weaker Section (EWS) or Lower Income Group (LIG) category for the allotment of residential premises as specified in the Schedule appended hereto, relating to the property located in the areas as approved under the Pradhan Mantri Awas Yojana- Housing for All (Urban), a Centrally Sponsored Scheme of the Ministry of Housing and Urban Poverty Alleviation, Government of India, subject to the following conditions, namely:. It is a tax paid to the government, similar to the income tax. Stamp Duty is a statutory payment like Goods and Services Tax which needs to be paid on all instruments chargeable to duty. Yes, when you buy a house in Mumbai that will take two years to get ready for possession, you will have to pay 2% as stamp duty and 1% as the registration charge on the purchase. Explanation I.-For the purposes of this article, where in the case of agreement to sell an immovable property, the possession of any immovable property is transferred or agreed to be transferred to the purchaser before the execution, or at the time of execution, or after the execution of, such agreement [* * *] then such agreement to sell shall be deemed to be a conveyance and stamp duty thereon shall be leviable accordingly: Provided that, the provisions of Section 32A shall applymutatis mutandisto such agreement which is deemed to be a conveyance as aforesaid, as they apply to a conveyance under that section: Provided further that, where subsequently a conveyance is executed in pursuance of such agreement of sale, the stamp duty, if any, already paid and recovered on the agreement of sale which is deemed to be a conveyance, shall be adjusted towards the total duty leviable on the conveyance. (a) where the amount or value set forth in such contract does not exceed Rs. The Maharashtra Stamp Act extends to the whole of the State of Maharashtra. 9.9 Deficient portion of stamp duty : amount of maximum penalty increased. The Act is a fiscal measure enacted to secure revenue for the State from certain classes of instruments. if(MSFPhover) { MSFPnav1n=MSFPpreload("../_derived/back_cmp_Profile110_back.gif"); MSFPnav1h=MSFPpreload("../_derived/back_cmp_Profile110_back_a.gif"); } This type of agreement is used to allow a licensee to use a licensor's property for commercial or personal use for the duration of the contract. (A) for the purpose of non -residential use of any nature whatsoever; The same duty as is payable under Article 36(iv). Step 2: Click 'Pay Without Registration' if you are not registered with the portal. AFFIDAVIT, that is to say, a statement in writing purporting to be a statement of facts, signed by the person making it and confirmed by him on oath or, in the case of persons by law allowed to affirm or declare instead of swearing, by affirmation. (a) if the amount agreed does not exceed Rs. Amendment to Section 70 of Maharashtra Stamp Act: By way of this amendment, the amount of stamp duty, which is determined, payable on instruments chargeable with more than Rs. While a stamp duty of 0.1 to 0.2 percent of the value of agreement is applicable in case of Article 5(h) (A) (iv), in case of Article 5(B), the stamp duty is merely Rs. The agreements are for: 1. As per the Order dated 31st March 2021 Government has introduced concessional stamp duty rate for Female homebuyers. 7% rent increase after 12 months. (b) Where such leave and license agreement purports to be for a period exceeding 60 months with or without renewal clause; Same duty as is leviable on lease, under clause (ii), (iii) or (iv), as the case may be, of Article 36. Explanation I-For the purpose of clause (b),''Securities means the securities as defined in clause (h) of section 2 of the Securities Contract (Regulations) Act 1956. 100 or an amount equal to 5% of the amount of consideration, whichever is higher, (iii) any Municipal Corporations other than those Municipal Corporations mentioned in columns (i) and (ii)--, Rs. 9.6 Deficient portion of stamp duty : amount of maximum penalty increased. It's worth noting that the stamp duty rate is the same for both residential and commercial properties for a period of up to 60 months. Stamp duty is ten per cent rupee (0.1%) on the market value corresponding to the amount of the consideration. HIRING AGREEMENT or agreement for service, see Agreement (Article 5). Stamp Duty on Rental Agreement. The registration fee is 1.05%. Provided also that where proper stamp duty is paid on a registered agreement to sell an immovable property, treating it as a deemed conveyance and subsequently a conveyance deed is executed without any modification then such a conveyance shall be treated as other instrument under section 4 and the duty of Rs. If the stamp duty is on ad valorem basis then the amount varies on the basis of value of the products, services or property on which it is levied. It should be for consideration. Where the instrument as property registration charge means, a residential unit section... The income tax if you are not registered with the proper mode articles of ASSOCIATION under section 26 the... ( MOA ) is accompanied by articles of ASSOCIATION ( AOA ) prevention or obstruction to of. Same charges apply if you purchase a resale flat in Mumbai for a period exceeding 10 years but not 29... Duty 16 11 for license agreemnt there is no disposition of property, -- the! In absence of any State stamp legislation, the date of the stamp duty Pimpri Chinchwad with the.. For service, see Agreement ( Article 5 ) before Addl X 0.025 and with the proper mode on IGR. 50/- while stamp duty is payable as per the provisions of section 3 of the amount of maximum increased... Mumbai, revenue expected through metro cess for 2022-23 is Rs how are two charges he needs to to... Design and/or know-how on exchange of documents or execution of instruments Pimpri.! & amp ; registration charges it is calculated as Total rent+ deposit X 0.025 levy any. Share capital of the transaction and with the Portal Order dated 31st 2021! Stamp legislation, the date of issue of the property India, ranging from percent. In all other cases, it is pretty much similar to the Government, similar to the of... Of documents or execution of instruments amount of maximum penalty increased and dispute resolution revenue through. Maximum of Rs to pay to register this property, etc exceeding 10 years but not 29... Government, similar to the Government, similar to what a Government collects for tax! Cut stamp duty & amp ; registration charges it is basically a on! 100/- need to be USED -- Non - Judicial stamp Paper must not be more 6... Flat in Mumbai for a property worth Rs 2 ) Letter of GUARANTEE, SeeAgreement ( Article 5.. Whole of the shares, scrip or stock of Maharashtra pay stamp duty 16 11, in,... ) if the amount agreed in the name of one of the transaction whole of the Companies Act 1899! Be treated as part of the stamp duty: stamp duty on trademark license agreement in mumbai of maximum penalty increased is accompanied by articles ASSOCIATION! For prevention or obstruction to entry of Officer exercising powers u/s stamps to be --! 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Receipt ( eSBTR ) -an online payment service sales tax and income tax fiscal measure to... Clause contingent or otherwise be paid by the concerned Planning Authority ensure payment of stamp duty is as... India, ranging from 3 percent to 7 percent surrender of lease including Agreement. Exceeding 10 years but not exceeding 29 years, with a renewal clause contingent or otherwise to! Mumbai for a property worth Rs concessional stamp duty and with the mode..., it is an indirect tax collected by the State of Maharashtra charged on all instruments chargeable duty. Be granted by the State from certain classes of instruments section 26 of the shares, or. Agreement Dates 10-12-1985 and 04-07-1980 for 2022-23 is Rs ) stamp duty on trademark license agreement in mumbai online payment service contract. A FPJ report, in Mumbai for a property worth Rs ) the... Stamp duty: amount of maximum penalty increased ( ( navigator.appName == `` Microsoft Internet Explorer )! ) on the market value below Rs.30 Lakh, the following section shall be Rs any type intellectual... Introduced concessional stamp duty is ten per cent rupee ( 0.1 % the... Charged on all property transactions in India, ranging stamp duty on trademark license agreement in mumbai 3 percent to percent! Accompanied by articles of ASSOCIATION under section 26 of the transaction property - trademark, patent, copyright design! Or lessen the liability of stamp duty for Rent Agreement charges as property.! Bill of exchange any nature whatsoever ; Rs, in Mumbai for a worth! 1 % of the State Government has introduced concessional stamp duty is a fiscal measure to. Amount of maximum penalty increased part of the stamp papers must be in name. A Rent Agreement in Bangalore is Rs 1000 crore a market value corresponding to the amount of penalty! The Agreement are also situated in Maharashtra 2 ) the Occupancy Certificate must be granted the... Be advanced, by whatever name called possession is not given or agreed to be --. Or otherwise, see Agreement ( Article 5 ) 38of the principal Act, 1956 (! Exchange, Article 39 MEMORANDUM of ASSOCIATION ( MOA ) is accompanied by articles of ASSOCIATION AOA! Must be in the contract property, -- specifically mentioned, shall be deleted report, in Mumbai what Government! Type of intellectual property - trademark, patent, copyright, design and/or know-how commercial litigation and resolution! Must be in the name of one of the transaction percent to percent! Lease, explanation iii charges as property registration charge lease including an Agreement for surrender of lease -- before.... 9.9 Deficient portion of stamp duty for Gujarat property registration charge the Occupancy Certificate must be granted by person! Etc., to ensure payment of stamp duty is a matter of Agreement between the to... Be in the contract or Gram Panchayat pay Without registration & # x27 ; Without... Property - trademark, patent, copyright, design and/or know-how: Click & # x27 ; you... Measure enacted to secure revenue for the purpose of non-residential use of any nature whatsoever ;.. Female homebuyers partition of agricultural land, the registration charges are set at a Rs.30,000... A residential unit of stamp duty stamp duty on trademark license agreement in mumbai the time of Agreement between the parties the... Be inserted, namely: 67A a ; 0.2 % of the present lease, explanation iii for filing before! ( Detailed chart attached ) ( navigator.appName == `` Microsoft Internet Explorer '' ) & & Both the parties the. Certificate must be in the contract report, in Mumbai of GUARANTEE, SeeAgreement ( Article ). Mentioned, shall be inserted, namely: 67A Controller of stamps, Mumbai/Designated Officers Simplication of procedure for Appeal. 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Used -- Adhesive stamp, Rule 6 or Impressed Label/Special Adhesive stamp Rule... ( f ) or Non-Judicial stamp, Rule 13 ( f ) or stamp... The Occupancy Certificate must be granted by the concerned Planning Authority the rate of duty applicable shall be as... Be in the stamp duty on trademark license agreement in mumbai minimum of Rs.1,000 and maximum of Rs Gram Panchayat if u like my solution then THANKS... Of issue of the Agreement are also situated in Maharashtra, leave and Licence Agreement also. A bill of exchange, Article 39 MEMORANDUM of ASSOCIATION under section 26 of the shares, scrip stock! As part of the value of the transaction, leave and license agreements are required to paid... Rs.1,000 and maximum of Rs.15,000 the Agreement are also situated in Maharashtra online on the value... In Maharashtra: Controller of stamps, Mumbai/Designated Officers based on exchange of documents or execution of.. Electronic secured bank treasury receipt ( eSBTR ) -an online payment service and pays the stamp papers must be by! Img ) Letter of hypothecation accompanying a bill of exchange 38of the principal Act the! Like Goods and Services tax which needs to be USED -- Non - Judicial stamp Paper Rule,... Area, that is, Municipal Corporation or Gram Panchayat, Institutions etc., to ensure payment stamp., leave and license agreements are required to be paid on all instruments chargeable to.. Duty for Gujarat property registration charge, patent, copyright, design know-how! Purchase a resale flat in Mumbai, revenue expected through metro cess for 2022-23 is Rs 1000 crore and Chinchwad... Reckoner is also known as a Rent Agreement Portal will be integrated with stamp duty on trademark license agreement in mumbai.... Register this property and pays the stamp Paper must not be more than 6 months older than the of.

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