Charging stamp duty on auction price on sale certificates issued in case of auction sale of immovable property of sick micro and small enterprises
No: F.4(4)FD/Tax/2020-132 Dated: Feb, 20 2020
GOVERNMENT OF RAJASTHAN
FINANCE DEPARTMENT
(TAX DIVISION)
NOTIFICATION
Jaipur, February 20,2020
In exercise of the powers conferred by sub-section (1) of section 9 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 the stamp duty chargeable on the instrument of sale certificate issued in case of auction sale of immovable property of sick enterprises as mentioned in item (a) and (b) of sub-clause (2) of clause 18 of the Rajasthan MSME Policy, 2015 shall be charged on auction price:
Provided that this notification shall also be applicable on the instruments pending for registration or reference before Sub-Registrar or adjudication before Collector (Stamps) or other Courts but stamp duty already paid according to the provisions of the said Act shall not be refunded.
[No.F.4(4)FD/Tax/2020-132]
By order of the Governor,
(Nishant Jain)
Joint Secretary to the Government