500 – 0.5% of the order value greater than 10 lakhs. The maximum fee is 25 lakhs 2.4 When an instrument is drafted to be covered by more than one article in Schedule I, it is subject to the highest stamp duty tax. 5.3 A person may be liable to a severe prison sentence of up to 6 months (no less than one month) and a fine of up to USD 5,000 if it is proven that the instrument was undervalued or that a short payment of tax was made with the intention of circumventing the obligation. The same obligation as in the case of transportation, but at the market value of this property, which has the higher value of the same right as on the transport on the amount guaranteed by the act The stamp office determines the market value of the property in reference to an annual price declaration (commonly known as Stamp Duty Ready Reckoner) which gave the market values of various real estate in Mumbai. The recconer divides the land into different categories such as developed land, undeveloped land, housing units, industrial/office units, businesses, etc., and determines its market value. 4.2 The instrument that is only executed from Maharashtra can be stamped within three months of the first reception in India. Go to the e-filing site (efilingigr.maharashtra.gov.in/ereg/). Same customs obligation as for transport equal to counterpart In Maharashtra, leave and licensing contracts must be stamped with a flat rate of 0.25 per cent of the total rent for that period. If a non-refundable bond is also paid to the lessor, stamp duty will be levied at the same rate on these non-refundable bonds.
Each state in India has its own unique scale to collect stamp taxes, and we have made the computer available to our users to allow them to calculate the stamp duty on holidays and the licensing agreement for the state of Maharashtra. 5.1 By law, at p. 34, any instrument that is insufficiently or not is inadmissible as evidence for any purpose, for example. B in a civil court. These instruments can be considered as evidence for the payment of the required amount of customs duties and a penalty of 2% per month on the amount of the defective tariff calculated from the date of execution.