-
What is Amnesty Scheme 2008?
-
The scheme is a scheme granting relief in Penalty, which otherwise had been 2% per month on unpaid Stamp duty & maximum penalty of 200% from the date of
execution of the instruction as provided under section 32 A (4). It is, limited for remission in penalty and not for reducing stamp duty.
-
Is amnesty scheme 2008, limited for specific documents?
-
Amnesty Scheme 2008 is limited to, documents relating to the residential and non
residential units, such as flat, shop, office, godown etc.
-
By what date the amnesty is to be availed?
-
The new scheme, introduced under Sec. 9 of the Mumbai Stamp Act, 1958 commences from 9th June 2008 and ends on 8th September 2008.
-
Can only unregistered documents participate in the scheme?
-
No! The scheme is not limited for registered or unregistered documents. It covers both
type of documents in which, less duty is paid than the required duty.
-
Which type of documents, can avail the benefit of Amnesty Scheme?
-
The documents to be named are Conveyance, Assignment, Agreements, Gift, Exchange, etc. of
ownership units such as flat, shop, office, godown etc.
and except instruments executed by MHADA no other unstamped instruments executed on plain paper shall be not be entitled for the benefit of the Scheme.
-
Is it possible to file application in Mumbai, for immoveable property situates
anywhere in the State of Maharashtra?
-
No! The Market Value of the property can only be assessed in the district, where the
property is located. Therefore there is no chance to apply in Mumbai,
for the properties located in other parts of the State. One will have to apply in the concerned district, where the property is located or to the collector of Stamps
in whose jurisdiction the property is located.
