Scheme Name: Stamp Duty

State: Rajasthan

Description of the Scheme:

Target group :

Sector of the Scheme:

Eligibility Criteria: Eligible manufacturing enterpriseother than enterprises engaged in manufacturing of cattle feed/ poultry feed/fish feed shall be granted exemption from payment of 50% of stamp duty on purchase or lease of land and constructionor improvement on such land, provided that thisexemption shall not be allowed to the sick industrial enterprise.
Service enterprisesshall be granted exemption from payment of 50% of stamp duty on purchase or lease of land and construction or improvement on such land.
InElectronic System Design & Manufacturing(ESDM) sector, enterprise making an investment equal to or above Rs.50 crore and providing direct employment to at least 1,000persons,duringtheperiod01.10.2015, to31.03.2017, and commences commercial production up to 31.03.2017, shall be granted 50% additional exemption from payment of stamp duty on purchase or lease of land andconstruction or improvement on such land.
In MSME sector,reduced stamp duty of Rs.100 per document in case of loan agreements and deposit of title deed and lease contract and Rs.500 per document in caseof simple mortgage with or without transfer of possessionof property executed fortakingloanforsettingup ofmicro, small or medium enterprises or enhancing credit facilities or transfer of loan account from one bank to another by MSME.
In Tourism sector, enterprises shall be granted 25% additional exemption from payment of stamp duty chargeable on the instrument of purchase or lease of more than 100 years old heritage property, for the purpose of hotel development declared by the tourism department.
In IT sector, enterprises making an investment above Rs.5 crore but below Rs.25 crore and equal to or above Rs.25 crore, shall be granted 50% additional exemption of stamp duty on purchase or lease of land and construction or improvement on such land.
In Thrust sector, enterprises making a minimum investment of Rs.5 crore shall be granted 50% additional exemption of stamp duty on purchase or lease of land and construction or improvement on such land, in addition to benefits mentioned.

Nature & Mode of Assistance:

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: Enterprise making investment for setting up of a new enterprise or for expansion or for revival of sick industrial enterprise shall submit application along with a project report duly certified by a chartered accountant to the Member Secretary of the appropriate screening committee. In case of revival of sick industrial enterprise, theenterprise shall also submit an undertaking that it shall provide employment to the extent of 50% in the first two years, of the maximum level of employment attained in the preceding 3 years from the date of its declaration as a sick industrial enterprise, followed by 100% employment within five years.
Apply online: http://rips.rajasthan.gov.in/site/subsidy?title=Stamp-Duty

Whom to Contact: