Assignment under Stamp Act

NEW DELHI

WEST BENGAL

Rajasthan

Kerala

TAMIL NADU

KARNATAKA

MUMBAI

Article 23, Delhi Stamp Duty

3% of the consideration amt set forth in the instrument

3%

Article 23A, Schedule I-A

Depends upon where the property is situated.

Article 21, The Rajasthan Stamp Act,

1998,

½ % of the market value of the property

0.5%

Article 22 &21

Kerala Stamp Act, 

Six Rupees for every Rupees 100/- or part thereof; of the amount or value of the consideration for such conveyance

6%

Article 23, 

Seven rupees for every Rs 100/- or part thereof of the market value of the property which is the subject matter of conveyance

7%

Karnataka Stamp Act

Article No. 5(g),

2007 

Article 20(1)

Where a Conveyance is backed by a valid Title Insurance Policy issued by any Insurance Company recognized by IRDA, 7 % of market value.

=7%

Revised to Rs 7.5% 

Article 25(a) Bombay Stamp Act, 1958.

Rs 15/Rs 500/-

3%

* Stamp Duty of max Rs 1,00,000/- in case of assignment with underlying securities.

Haryana

UP

Himachal Pradesh

Article 23 , Schedule I-A,

Article 23(B) , Schedule I-B,

Article 23, Schedule I-A,

Where it exceeds Rs 900  but does not exceed Rs 1000/-  

Rs 30/-

If relating to movable property where the amt or value of consideration does not exceed Rs 1000/

Rs 20/-

Where it exceeds Rs 900  but does not exceed Rs 1000

Rs 30/-

For Every Rs 500/-  or part thereof in excess of Rs 1000/- =

Rs 15/-                                                                                             

For Every Rs 500/-  or part thereof in excess of Rs 1000/

Rs 15/-

And for every Rs 1000/- or part thereof in excess of Rs 1000/- =

Rs 20/-