RAI delegation had a fruitful meeting with Ms Veena Kumari - Principal Secretary and officials of Stamp Duty Department - Govt of Uttar Pradesh to discuss rationalization of stamp duty in the State of Uttar Pradesh.
RAI delegation contended that the rate of stamp duty on rent in UP is the highest in the country and Government should consider to reduce the rate of this.
Principal Secretary assured us that she will look into the matter.
Further, she also confirmed that the Govt may issue a clarification that stamp duty would not be applicable on common area maintenance (CAM) charges and GST thereon.
RAI has also submitted representation along with rates of stamp duty in various states to Uttar Pradesh Government.