Rajasthan Stamp (Amendment) Rules, 2021

Mar 05, 2021 | by Avantis RegTech Legal Research Team

Loading audio.....

Commercial Compliance

The Government of Rajasthan on February 24, 2021 has issued the Rajasthan Stamp (Amendment) Rules, 2021 to further amend the Rajasthan Stamp Rules, 2004. 

The following amendments have been made: 

• Rule 29B, which specifies the discount and remuneration on e-stamps certificate, has been inserted, namely: 

“The Central Record Keeping Agency authorised by the State Government for the Computerisation of Stamp Duty Administration System in the State hereinafter referred to as the Agency shall be allowed to deduct an amount:

1. not exceeding 0.65 percent of the amount collected through sale of e-stamps as may be determined by the State Government, from time to time. 

2. equal to that allowed to stamp vendors under sub-rule 29 and 29-A, in respect of e-stamps sold through Authorised Collection Centres. 

The Agency shall deduct the amount allowed under sub-rule (1) from the amount collected by it through sale of e-stamps and pay the amount allowed under clause (ii) of sub-rule (1) to the Authorised Collection Centers appointed by it in proportion to the amount collected by them through sale of e-stamps.

The Agency shall produce to the Inspector General of Stamps a quarterly statement of the amount deducted and paid under sub-rule (2).”

 


Bookmark

Related Updates



Alternate Text

Get updates on the go on RuleZbook Mobile App.