Registration & stamp duty

Ganesh (Querist) 14 October 2009 This query is : Resolved
I had made an agreement with a builder to purchase a flat in an under construction building. I had paid some amount to him and out agreement was registered and I had paid stamp duty. Now I am unable to pay the remaining amount. In this situation the builder is ready to pay me the amiunt i had given to him. But my question is will I get my registration charges and Stamp duty paid back from the Government. what is the procedure for that.

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sanjeev murthy desai (Expert) 14 October 2009
Dear Ganesh,

No you cant, there is no procedure provide for this under stamp act and registration act.

Raj Kumar Makkad (Expert) 14 October 2009
No provision favour you.

Sachin Bhatia (Expert) 14 October 2009
There is no procedure.

adv. rajeev ( rajoo ) (Expert) 20 October 2009
No provision to return the stamp duty paid. Any how builder is ready to refund the amount you have paid to him. You ask him to pay the regn., charges already paid, because builder will sell the property to another person that person will bear the regn., charges. Builder will under profit, so u ask him to pay the stamp duty already paid by you

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