Home India CENTRAL SECTION Part VIII, Ext No. 32, Dated 1st April 2025, MAHARASHTRA ACT...
Date: 2025-04-01 Category: Not Applicable State: Maharashtra Country: India

Part VIII, Ext No. 32, Dated 1st April 2025, MAHARASHTRA ACT No. XX OF 2025.,An Act further to amend the Maharashtra Stamp Act.

Issued by CENTRAL SECTION · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Executive Summary** This document is the English translation of the Maharashtra Stamp (Amendment) Act, 2025 (Mah. Act XX of 2025), published by the authority of the Governor of Maharashtra on April 1, 2025. The Act further amends the Maharashtra Stamp Act of 1958. It includes revisions to payment methods, endorsement procedures, and adjudication processes. **Key Points / Main Content** * **Short Title and Amendment**: The Act is called the Maharashtra Stamp (Amendment) Act, 2025, and its purpose is to further amend the Maharashtra Stamp Act of 1958. * **Amendment to Section 4**: * The words "one hundred rupees" in sub-section (1) of section 4 are replaced with "five hundred rupees". * **Amendment to Section 10**: * Sub-section (3) is substituted with a revised version outlining payment methods for duties chargeable on instruments specified in Schedule I: * By means of franking machine. * By e-payment via Virtual Treasury (GRAS) or specified bank accounts through net banking. * Duties paid by e-payment must be indicated by: * Endorsement on the instrument by the designated officer. * Certificate issued by the proper officer for consolidated electronic record payment. * E-stamp certificate issued electronically. * If proper endorsement or certification is lacking, mere e-payment is not considered duty paid. * The Chief Controlling Revenue Authority will determine the procedure for e-payment, endorsement, certification, and e-stamp certificate generation. * Sub-section (3A) is deleted. * Sub-section (4) is amended to include references to certificate issuance or e-stamp certificate generation after "endorsement made" and "in the endorsement." * **Amendment to Section 10D**: * Sub-section (3) is substituted with a revised duty for authorized officers under sub-section (2) to make an endorsement on the instrument after defacing the challan in a specified format. * **Amendment to Section 31**: * The fee in sub-section (1) is increased from "one hundred rupees" to "one thousand rupees." * A proviso is added stating that post-commencement of this amendment, no adjudication applications will be accepted for executed instruments unless the applicant has deposited with the Collector: * The difference in stamp duty based on market value or consideration (whichever is higher) and the duty already paid. * In other cases, the difference between the stamp duty chargeable and the stamp duty already paid. * The Collector must adjust deposited amounts against the final duty and refund any excess within 45 days, without interest. **Impact Analysis** **Stakeholder: Public / Taxpayers** * **Impact:** Increased fees for adjudication and changes to stamp duty payment and endorsement processes will affect individuals and entities involved in property transactions and stamp duty payments. * **Action Required:** Pay attention to the new payment procedures and fees when dealing with stamp duty matters. **Stakeholder: Chief Controlling Revenue Authority & Government Officers** * **Impact:** New regulations and procedures regarding duty collection, endorsements, certificate issuance, and regulation of e-payment usage. * **Action Required:** Establish and communicate procedures for e-payment, endorsement, certification, and e-stamp certificate generation. Enforce the new procedures for stamp duty payment and adjudication applications. **Stakeholder: Collectors** * **Impact:** New regulations regarding the handling of adjudication applications and the deposit/refund of stamp duty amounts. * **Action Required:** Implement the new procedure for accepting applications for adjudication, as well as deposit and refund processes within the stipulated 45-day period.

Key Entities Referenced

Maharashtra Stamp Act: The principal Act being amended. Maharashtra Stamp (Amendment) Act, 2025: The Act amending the Maharashtra Stamp Act, as translated and published in the Gazette. Chief Controlling Revenue Authority: The authority responsible for specifying instruments and regulating e-payment, endorsement, or certification.
Official Source Record View Original Source →
See Full Document Text
महाारााष्ट्र शाासन रााजपत्र असाधााराण भााग आठ, एप्रि�ल १, २०२५/चैैत्र ११, शाकेे १९४७ 1 RNI No. MAHENG /2009/35528 महाारााष्ट्र� शाासन रााजपत्र असाधााराण भााग आठ वर्षष ११, अंके १३] मंगळवारा, एप्रि�ल १, २०२५/चैैत्र ११, शाकेे १९४७ [पष्ृठ े३, प्रिकेमं त : रुपये े२७.०० असाधााराण क्रमांके ३२ �ाप्रिधाकेृत �केाशान महाारााष्ट्र प्रिवधाानमंडळाचैे अप्रिधाप्रिनयेम व रााज्येपालांनी �ाख्येाप्रिपत केेलेले अध्येादेेशा व केेलेले प्रिवप्रिनयेम आप्रिण प्रिवधाी व न्येाये प्रिवभाागाकेडून आलेली प्रिवधाेयेकेे (इंंग्रजी अनुवादे). In pursuance of clause (3( of article 348 of the Constitution of India, the following translation in English of the Maharashtra Stamp (Amendment( Act, 2025 (Mah. Act XX of 2025(, is hereby published under the authority of the Governor. By order and in the name of the Governor of Maharashtra, SATISH WAGHOLE, Secretary (Legislation( to Government, Law and Judiciary Department. MAHARASHTRA ACT No. XX OF 2025. (First published, after having received the assent of the Governor in the “Maharashtra Government Gazette”, on the 1st April 2025.) An Act further to amend the Maharashtra Stamp Act. LX of WHEREAS it is expedient further to amend the Maharashtra Stamp Act 1958. for the purposes hereinafter appearing; it is hereby enacted in the Seventy-sixth Year of the Republic of India as follows :— 1. This Act may be called the Maharashtra Stamp (Amendment( Act, 2025. Short title. LX of 2. In section 4 of the Maharashtra Stamp Act (hereinafter referred to as Amendment 1958. “the principal Act”(, in sub-section (1(, for the words “one hundred rupees” the of section 4 of LX of 1958. words “five hundred rupees” shall be substituted. 3. In section 10 of the principal Act,– Amendment of section 10 of LX of 1958. )१( भााग आठ-३२–१2 महाारााष्ट्र शाासन रााजपत्र असाधााराण भााग आठ, एप्रि�ल १, २०२५/चैैत्र ११, शाकेे १९४७ (1( for sub-section (3(, the following sub-section shall be substituted, namely :— “(3( (a( Notwithstanding anything contained in sub-section (1(, the Chief Controlling Revenue Authority shall by notification in the Official Gazette, specify the instruments in Schedule I in respect of which the duties chargeable, as specified in column (2( of the said Schedule shall be paid,— (i( by means of franking machine ; or (ii( by e-payment, in Virtual Treasury through Government Receipt Accounting System (G.R.A.S.( or in any Bank Account specified in the Official Gazette by the said Authority in this behalf through any permissible net banking mode. (b( Any duties paid by e-payment shall be indicated,– (i( by an endorsement to that effect made on the instrument by the proper officer duly notified by the Chief Controlling Revenue Authority for this purpose; or (ii( in case of consolidated payment for electronic record pertaining to such instruments by the certificate issued by such proper officer; or (iii( by e-stamp certificate issued through electronic means and mode as may be prescribed by the Chief Controlling Revenue Authority. (c( If the proper officer has not endorsed the instrument or has not issued the certificate or the e-stamp certificate has not been issued through the prescribed electronic means and mode, as the case may be, under clause (b(, then the mere e-payment under clause (a( shall not be treated as duty paid for any of the purposes of the Act. (d( The procedure to regulate the use of e-payment, endorsement or certification by proper officer and generation of e-stamp certificate shall be such as the Chief Controlling Revenue Authority may by an order determine.”; (2( sub-section (3A( shall be deleted ; (3( in sub-section (4(,— (i( after the words “endorsement made” the words and letter “, certificate issued or e-stamp certificate generated” shall be inserted; (ii( after the words “in the endorsement” the words and letter “,certificate or e-stamp certificate” shall be inserted. Amendment 4. In section 10D of the principal Act,— of section 10D (1( for sub-section (3(, the following sub-section shall be substituted, of LX of 1958. namely:- “(3( It shall be the duty of the proper officer so authorised under sub-section (2( to make an endorsement on the instrument after defacing the challan, as follows :—महाारााष्ट्र शाासन रााजपत्र असाधााराण भााग आठ, एप्रि�ल १, २०२५/चैैत्र ११, शाकेे १९४७ 3 “Stamp duty of Rs. ..................... paid by e-Challan, vide GRN No. ............ CIN..........., dated the .................. Seal of the Office. Signature of the Officer.” ”; (2( in the proviso, after the word, brackets and letters “Receipt (e-SBTR(” the words, letter, brackets and figure “ or e-stamp certificate generated under sub-section (3(” shall be inserted. 5. In section 31 of the principal Act,— Amendment of section 31 (1( in sub-section (1(, for the words “a fee of one hundred rupees” the of LX of 1958. words “a fee of one thousand rupees” shall be substituted ; (2( after sub-section (1(, the following proviso shall be inserted, namely :— Mah. ‘‘Provided that, after commencement of the Maharashtra Stamp XX of (Amendment( Act, 2025, in respect of executed instruments, no 2025. application shall be accepted for adjudication, unless the person has deposited with the Collector,— (i( where the stamp duty is chargeable on the market value of the property, which is the subject matter of such instrument, the amount of difference between the stamp duty chargeable as per the value of consideration stated in the instrument or the market value of such property according to the person, whichever is higher and the stamp duty already paid on the instruments; and (ii( in other cases, the amount of difference between the stamp duty chargeable according to the person and the stamp duty already paid on the instruments : Provided further that, the Collector shall adjust such deposited amount against the stamp duty finally determined and refund the excess amount deposited, if any, to the person depositing it within a period of forty-five days, without any interest.”. ON BEHALF OF GOVERNMENT PRINTING, STATIONERY AND PUBLICATION, PRINTED AND PUBLISHED BY DIRECTOR, RUPENDRA DINESH MORE, PRINTED AT GOVERNMENT CENTRAL PRESS, 21-A, NETAJI SUBHASH ROAD, CHARNI ROAD, MUMBAI 400 004 AND PUBLISHED AT DIRECTORATE OF GOVERNMENT PRINTING, STATIONERY AND PUBLICATIONS, 21-A, NETAJI SUBHASH ROAD, CHARNI ROAD, MUMBAI 400 004. EDITOR : DIRECTOR, RUPENDRA DINESH MORE.

Continue your research