stamp duty and stamp value

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what is the difference between stamp duty and stamp value
Replies (3)
stamp duty is the tax payable on the value of the property in deed on transfer of such property..........

stamp value is the value of the said property as per gov....suppose you may sell ur land for 30 lakhs....but gov value for that land will be 45 lakhs....here stamp duty is 45 lakhs....
Stamp value is rs 45lacs*
Stamp duty is the tax payable on stamp value


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