Stamp Duty on Deed of Guarantee

Priyanka (Querist) 20 October 2009 This query is : Resolved
Dear Experts,

Please let me know the rate of Stamp duty payable on Deed of Guarantee.

We are advised that as per the latest notifcation in June 2009, it is 0.2% of the Loan Amount. It is mentioned that since there is no Specific mention about the Deed of guarantee in Bombay Stamp Act, it is taken as 0.2%.

Request please clarify on this issue, also give us the rate that is applicable.

Thanks
Priyanka

Follow Query

Report Abuse

Raj Kumar Makkad (Expert) 20 October 2009
Better u visit the following site:

http://consusgroup.com/contracts/deeds-of-guarantee/?ref=_google.asp&awTCG=7327/

Adinath@Avinash Patil (Expert) 21 October 2009
RAJ IS RIGHT, YOU CAN ALSO APPROACH TO LOCAL/NEAREST SUB REGISTRAR,S OFFICE.

Priyanka (Querist) 21 October 2009
Actually i had checked the website, but they ask us to take the subscription.

Is there any other official govt website, where we can find the rates of stamp duty.

priyanka