Amnesty Scheme for exemption/concession of interest and penalty payable on stamp duty

No: F.4(4)FD/Tax/2020-125 Dated: Feb, 20 2020

GOVERNMENT OF RAJASTHAN

FINANCE DEPARTMENT

(TAX DIVISION) 

NOTIFICATION

Jaipur, February 20, 2020 

In exercise of the powers conferred by section 9-A of the Rajasthan Stamp Act, 1998 (Act No. 14 of 1999), the State Government being of the opinion that it is expedient in the public interest so to do, hereby orders that,-

1. interest and penalty payable on stamp duty shall be remitted in the following cases, namely :-

 (i) cases pending before the Collector (Stamps) upto the date of this notification in which the stamp duty payable has been deposited during the period from 20.02.2020 to 30.06.2020.

(ii) cases filed before Collector (Stamps) during the period from 20.02.2020 to 30.06.2020 in which the stamp duty payable has been deposited during the period from 20.02.2020 to 30.06.2020.

(iii) cases adjudicated by the Collector (Stamps) upto the date of this notification in which the stamp duty payable has been deposited during the period from 20.02.2020 to 30.06.2020.

(iv) cases pending before the Rajasthan Tax Board, Rajasthan High Court or in any other Court upto the date of this notification wherein party withdraws the case and submits the evidence of such withdrawal and the stamp duty payable has been deposited during the period from 20.02.2020 to 30.06.2020.

2. cases where stamp duty adjudicated by the Collector (Stamps) has already been deposited before the date of this notification, 80 percent reduction in the amount of interest and penalty payable on stamp duty shall be allowed if the remaining 20 percent amount of interest and penalty has been deposited during the period from 20.02.2020 to 30.06.2020.

3. cases pending before the Rajasthan Tax Board, Rajasthan High Court or in any other Court wherein the total amount of stamp' duty payable has been deposited before the date of this notification and the party withdraws the case and submits the evidence of such withdrawal, 80 percent reduction in the amount of interest and penalty payable on stamp duty shall be allowed if the remaining 20 percent amount of interest and penalty has been deposited during the period from 20.02.2020 to 30.06.2020.

4. the amount deposited under proviso to the section 65 of the said Act for filing revision before the Rajasthan Tax Board, shall be adjusted towards the payment of stamp duty.

5. in the aforesaid cases stamp duty or any other amount already paid shall not be refunded. 

[No,F.4(4)FD/Tax/2020-125]

By order of the Governor, 

(Nishant Jain)

Joint Secretary to the Government