This site is under development, some of the functionalities may not work properly.
Indranil Banerjee
in Civil Law
Asked July 19, 2017

Payment of stamp duty by NEFT

  • 1 Answer

I have read in your link that, the Stamp duty can be paid through either NEFT or pay by a demand draft. NEFT facility would have to ensure that the payment is made within 30 days from the date on which the query/valuation of the property is procured. Whereas if someone chooses to pay by a demand draft he would enjoy an extra buffer period of 14 days (the time period for payment through demand draft is 44 days). What is the maximum time limit after the payment of Stamp duty NEFT and the registration date and submission of the documents in the registration office for registering the property? Suppose the query/valuation of the property is procured on 19th June 2017, the Stamp duty paid on 10th July 2017 what would be the last date of registration and submission of the documents in the registration office, is there any time limit? Please advice.

Answer 1

Sir the time limit to do all that you have mentioned is three months. Thus if stamp duty is paid on 10 th July 2017 the last date of registering the property would be 10 th September 2017.

Agree Comment 0 Agrees over 3 years ago

Please Login or Register to Submit Answer

Directory ads
Need to talk to a lawyer?

Book a phone consultation with a top-rated lawyer on Lawfarm.