Stamp duty

[abhay nahar]

sub registrar of one state send memorandum with deed of mortgage u/s 64 to 67 to the sub registrar of other state where some property are situate.whether stamp duty of other state is payble by the parties to the mortgage deed. If not then pl. inform case law.regardsabhay

[DR.MARIAPPAN GOVINDARAJAN]

It depends upon the law prevailing in the particular State. Mostly the stamp duty is payable fixed by the State in which the property is situated.

AI Summary

Stamp duty allocation: responsibility generally lies with the state where the property is situated, subject to local law. Whether stamp duty is payable to the sub-registrar who forwarded a mortgage deed under sections 64-67 depends on the applicable state law; generally, and subject to each state's statutory provisions, stamp duty is payable to the state where the immovable property is situated.