Stamp Duty Reimbursement Scheme
Through “Stamp Duty Reimbursement Scheme”, in case of land/ developed area purchased/ leased by Start-ups/ incubators/ accelerators, the stamp duty for land area lease/ sale transaction for start-ups/incubators/ accelerators will not exceed ₹ 100/-, and the excess amount paid will be reimbursed.
About This Scheme
Benefits
₹100
1. In case of land/ developed area purchased/ leased by Start-ups/ incubators/ accelerators, the stamp duty for land area lease/ sale transaction for start-ups/incubators/ accelerators will not exceed ₹ 100/-, and the excess amount paid to the authorities concerned will be reimbursed.
1. A start-up is eligible only once to avail the benefits of this scheme.
1. In the case of an incubator/accelerator, this amount shall be paid after a period of three years of successful operation. This can be relaxed in the case of a company that is in the business of making incubators.
1. Up to 100 start-ups can avail the benefits of this scheme per year.
NOTE: Under no circumstance shall the benefits under this scheme be considered an entitlement.
Eligibility
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Required Documents
- ✦Copy of Transaction Deed
- ✦Original Proof of Payment of Stamp Duty
- ✦Copy of MoU (Only for Incubators/Accelerators)
- ✦Start-up Certificate Number (Only for Startups)
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- State Government
- Max benefit
- ₹100
