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Stamp duty

vibhavari Gohil   18 February 2020

vibhavari Gohil

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Dear sir/madam

We have to pay stamp duty on GENERAL TERMS OF AGREEMENT for mortage of immovable property.

Please guide us under which section of stamp duty act, it will be paid??


Dhirajlal Rambhia (KVO Merau Kutchh)     23 February 2020

Dhirajlal Rambhia
KVO Merau Kutchh 
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Stamp duty is chargeable as per Article 6 of the Maharashtra Stamp Act, 1958, i.e. @ 0.1% if the loan amount is Rs5 lakh or below, and @ 0.2% if the loan amount is above Rs5 lakh.

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