Dear All,
As Maharashtra Gov. increased stamp duty by double., is there any way to reduce stamp duty by executing mortgage document outside Maharastra state, as company's regd. office is in Maharashtra. Pls advice
Pravin (Associate) (127 Points)
24 September 2009Dear All,
As Maharashtra Gov. increased stamp duty by double., is there any way to reduce stamp duty by executing mortgage document outside Maharastra state, as company's regd. office is in Maharashtra. Pls advice
Yes, This is possible for the Imovable good only and the Mortgagor's office must be outside the state of Maharashtra.
Otherwise, It is not possible.
If you need further clarification than contact me
Ankur Shah (Practicing Company Secretary)
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