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Notification No.: S.O.86
Notification Date: 25th November 2024
Relevant Act / Rule: Stamp Act, 1998
Applicable State: Rajasthan
The Rajasthan State Government has issued an order under the Rajasthan Stamp Act, 1998, to provide a stamp duty remission for the purchase or lease of land (with or without construction) by enterprises eligible under the Rajasthan Investment Promotion Scheme, 2024.
– 75% of the stamp duty will be remitted at the time of registration upon submission of the Entitlement Certificate issued by the appropriate authority.
– 25% of the stamp duty paid will be reimbursed upon proof of the commencement of commercial production by the enterprise, as per the procedure outlined by the State Government.
If the conditions of the scheme are violated, the remitted stamp duty will be recovered with interest according to the scheme’s provisions.
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