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Stamp Duty Rates in Thane for Leave and Licence Agreement

Thane Stamp Duty Rates For Leave & Licence Agreement


W.E.F. 7th May, 2005

(For Thane & Navi Murnbai Municipal Corporations jurisdiction)

As per Article 36A (a)(ii)(1) & (2) of the Schedule I of the Bombay Stamp Act, 1958.
                 
Licence PeriodAAR* Upto Rs.2,50,000AAR* from Rs.2,50,001 To Rs.5,00,000AAR* above Rs.5,00,000
Residential (Rs) Non Residential (Rs) Residential (Rs) Non Residential (Rs) Residential (Rs) Non Residential (Rs)
0 - 12 Months50010001000200020004000
13 - 24 Months100020002000400040008000
25-36 Months1500300030006000600012000
37-48 Months2000400040008000800016000
49-60 Months250050005000100001000020000

Registration Fees for Thane & Navi Murnbai Municipal Corporations jurisdiction is Rs.1,000.



(For all Talukas in Thane District except Thane & Navi Mumbai Municipal Corporation)

As per Article 36A (a)(iii)(1) & (2) of the Schedule I of the Bombay Stamp Act, 1958.
                   
Licence PeriodAAR* Upto Rs.2,50,000AAR* from Rs.2,50,001 To Rs.5,00,000AAR* above Rs.5,00,000
Residential (Rs) Non Residential (Rs) Residential (Rs) Non Residential (Rs) Residential (Rs) Non Residential (Rs)
0 - 12 Months300600600120012002400
13 - 24 Months60012001200240024004800
25-36 Months90018001800360036007200
37-48 Months120024002400480048009600
49-60 Months1500300030006000600012000

Registration Fees for For all Talukas in Thane District except Thane & Navi Mumbai Municipal Corporation is Rs.500.



AAR* : Annual Average Rent means Average Rent for a period of 12 months, irrespective of period of leave & licence, and includes any Advance rent paid or to be paid and further includes any deposit made or to be made, with or without any interest. (Calculation of AAR is same whether licence period is for 1 month or for 60 months)

Note : For period above 60 months, with or without renewal clause the stamp duty shall be as per Lease under Clause (ii), (iii) or (iv), as the case may be, of Article 36.