Stamp Duty on "Transfer of Lease" Statewise in India

In accordance with the Indian Stamp Act 1899 read with the laws for stamp duty of respective States and Union Territories - stamp duty is required to be paid in case of transfer of lease.


State

Rate of Stamp Duty

Applicable Law

Reference

Andhra Pradesh

The same duty as a Conveyance (No: 20) for a consideration or market value equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Andhra   Pradesh Extension and Amendment) Act, 1959

Arunachal Pradesh

The same duty as a Conveyance (No. 23) for a consideration equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Arunachal Pradesh Amendment) Act, 2007

Assam

The same duty as a Conveyance (No. 23) for a market value equal to the amount of the market value for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Assam Amendment) Act, 2004

Bihar

(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Bihar Amendment) Act, 1991



Chhattisgarh

(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Chhattisgarh Amendment) Act, 2005

Goa

The same duty as is leviable on a conveyance with clause (a) or (b) as the case may be, of article 22 for consideration equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Goa, Daman and Diu Amendment) Act, 1968


(c) The Indian Stamp (Goa Amendment) Act 2015

Gujarat

The same duty as is leviable on a conveyance under Article 20)(a) for the amount of consideration for the transfer, or as the case may be market value of the immovable property which ever is greater.
(a) Bombay Stamp (Gujarat Amendment) Act, 2000

Haryana

The same duty as other conveyance (No.23)
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Haryana Amendment ) Act, 1971

Himachal Pradesh

The same duty as a Conveyance (No. 23) for a consideration equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Himachal Pradesh Amendment) Act, 1952



Jammu & Kashmir (J&K)

The same duty as a conveyance (No. 18) on the market value of the property which is the subject matter of the transfer.
(a) The Stamp (Amendment) Act, 2011

Jharkhand

(a) The Indian Stamp Act, 1899

Karnataka

a) Where the remaining period of lease does not exceed thirty years. - The same duty as conveyance No. 20(1) for a market value equal to the amount of consideration.
b) Where the remaining period of lease exceeds thirty years. - The same duty as conveyance No. 20(1) on the market value of the property which is the subject matter of transfer.
(a) Karnataka Stamp Act, 1957


(b) Karnataka Stamp (Amendment) Act 2015

Kerala

8%
(a) The Kerala Stamp Act, 1959



Madhya Pradesh

The same duty as a conveyance (No. 25) on the market value of the property which is the subject matter of the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Madhya Pradesh Amendment) Act, 2014

Maharashtra

The same duty as is leviable on lease under clause (i), (ii), (iii) or (iv), as the case may be, of Article 36, for the remaining period of lease.
(a) Maharashtra Stamp Act,   1958


(b) Maharashtra Stamp (Amendment) Act, 2015

Manipur

(a) The Indian Stamp Act, 1899

Meghalaya

The same duty as a conveyance (No.23) for a consideration equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Meghalaya Amendment) Act,   1993

Mizoram

The same duty as a conveyance (No. 23) for a consideration equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Mizoram Amendment) Amending Act, 1996



Nagaland

The same duty as a conveyance (No. 23) for a consideration equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Nagaland Amendment), 1989

Odisha (Orissa)

The same duty as a Conveyance (under Division (A),(B) or (C) as the case may be, of article 23) for a consideration equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Orissa Amendment) Act, 2001

Punjab

The same duty as other conveyance (No.23) as levied by this Act, for consideration equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Punjab   Amendment ) Act, 2005


Rajasthan

5% of the market value
(rebate rates in the link)
(a) The Indian Stamp Act, 1899


(b) The Rajasthan Stamp Act, 1998

Sikkim

(a) The Indian Stamp Act, 1899

Tamil Nadu
The same duty as a Conveyance (Article 21) for a market value equal to the amount of consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) Tamil Nadu Stamp Act,  2013


Telangana

The same duty as a Conveyance (No: 20) for a consideration or market value equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Andhra   Pradesh Extension and Amendment) Act, 1959

Tripura

(a) The Indian Stamp Act, 1899

Uttar Pradesh

The same duty as Conveyance [No. 23 clause (a)] for a consideration equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Uttar Pradesh Amendment) Act, 1997





Uttarakhand

The same duty as Conveyance [No. 23 clause (a)] for a consideration equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Uttarakhand Amendment ) Act, 2002

West Bengal

a) Govt. land in favour of family members as defined in Article 33. - 0.5% on the market value of the property.
b) in any other case - Same as conveyance on the market value of the property.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (West Bengal Amendment) Act,   1987



Union Territories

Rate of Stamp Duty

Applicable Law

Reference

Andaman and Nicobar Islands

(a) The Indian Stamp Act, 1899
Chandigarh

(a) The Indian Stamp Act, 1899
Dadra and Nagar   Haveli

(a) The Indian Stamp Act, 1899
Daman and Diu

The same duty as is leviable on a conveyance with clause (a) or (b) as the case may be, of article 22 for consideration equal to the amount of the consideration for the transfer.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Goa, Daman and Diu Amendment) Act, 1968

National Capital Territory of Delhi (NCT of Delhi)

The same duty as conveyance No.23 as levied by this Act, for a consideration for the transfer.
(a) The Indian Stamp (Delhi Amendment) Act, 2001

Lakshadweep

(a) The Indian Stamp Act, 1899

Puducherry (Pondicherry)

(a) The Indian Stamp Act, 1899




Disclaimer: We have made best efforts to compile the above information. However, you are requested to refer to the relevant Stamping laws in force of the concerned State/Union Territory and/or consult with respective statutory authorities before proceeding with any actual transaction. We shall not be held responsible for any discrepancy or inaccuracy found in the above information. Any discrepancy found in the above may be brought to our notice through email or comment below.