Punjab Stamp duty reduced from 4% to 1% for registered mortgage by the industrial units : Notification

By | February 8, 2019
(Last Updated On: February 15, 2019)

PUNJAB GOVT. GAZ. (EXTRA), FEBRUARY 8, 2019
(MAGHA 19, 1940 SAKA) 63
1706/2-2019/Pb. Govt. Press, S.A.S. Nagar
PART III
GOVERNMENT OF PUNJAB
DEPARTMENT OF REVENUE, REHABILITATION
AND DISASTER MANAGEMENT
(STAMP AND REGISTRATION BRANCH)
ORDER
The 7th February, 2019

No. S.O.9./C.A.2/1899/S.9/2019.-In exercise of the powers conferred
by clause (a) of sub-section (1) of section 9 of the Indian Stamp Act, 1899
(Central Act No.2 of 1899), and all other powers enabling him in this behalf,
the Governor of Punjab is pleased to reduce the stamp duty from four percent to one percent leviable under Schedule 1-A appended to the said Act, on the instruments for executing a registered mortgage by the industrial units which are fully covered under Chapter 10.14 of the Industrial and Business Development Policy, 2017.

KALPANA MITTAL BARUAH
Additional Chief Secretary to Government
of Punjab-cum-Financial Commissioner,
Revenue, Department of Revenue,
Rehabilitation and Disaster Management.

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