Registration and stamp duty
Dhruv
(Querist) 04 June 2013
This query is : Resolved
Dear All,
I have purchased a flat in Mumbai and have executed an Agreement for Sale by making a payment of a token amount. The same has been registered and stamp duty has been paid on the full consideration amount. Now I understand that after making the full payment, even a Sale Deed has to executed on which Stamp Duty is to be paid and the same has to be registered. So does this mean that I have pay stamp duty twice on purchase of the same flat?
Kindly advise.
Adv Archana Deshmukh
(Expert) 04 June 2013
No. If full stamp duty is already paid at the time of execution of the agreement to sell then, there is no need to pay stamp duty now while registering the sale deed.
Raj Kumar Makkad
(Expert) 08 June 2013
Stamp duty already paid shall be got adjusted.