Can Stamp Duty Be Refunded?

You can only reclaim Stamp Duty if you're eligible for a refund. You may be able to claim a Stamp Duty refund if you purchased a new main residence without selling your previous residence, but then sold that previous residence within 3 years.

Can I get refund on Stamp Duty?

The government deducts 1% of the stamp duty, subject to a minimum of Rs 200 and a maximum of Rs 1,000 of the stamp duty paid. ... The buyer of the property can get a refund of 98% of the stamp duty, if an application is made for a refund of the stamp duty.

When can I ask for Stamp Duty refund?

A. If you have paid the amount and did not register the document, then you must apply for the stamp duty refund within 6 months from the date on which you have paid the stamp duty amount.

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.