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Stamp duty and registration charge lapses due to delay, what to do?
19-Dec-2023 (In Property Law)
I had booked purchased the flat 11 month back and Stamp duty and registration charge paid 8 month ago by my agent brokered, but registration not yet done Now my agent is saying Stamp duty and registration charge has been lapses due to delay of registration Now brokered is demanding again Stamp duty and registration charge, so i am worry and i think brokered is black malign to me kindly help what should i do
Dear Sir/Madam,
Stamp duty once paid does not lapses, you have to pay additional stamp duty charges for the increase in ready recogner prices if any and register your document you may be subject to penalty by the registrar since the period of registration under the registration act is 4 months from the date of the execution of instrument. Please get in touch for further advise.
Stamp duty once paid does not lapses, you have to pay additional stamp duty charges for the increase in ready recogner prices if any and register your document you may be subject to penalty by the registrar since the period of registration under the registration act is 4 months from the date of the execution of instrument. Please get in touch for further advise.
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Adv. Mohammed Zain Khan
Mumbai | 100+ Answers
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As per registration act there is no such laps of stamp duty and registration charges paid to government by GRAS system through current account. Your agent is cheating you. Do not need to pay it. Regards
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Adv. Bharat Pandirao Pawar
Pune | 500+ Answers
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