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How to Apply for a Refund of Stamp Duty in Telangana: A Comprehensive Guide
Stamp duty refunds in Telangana are available for transactions that do not materialize, provided the duty was paid through a bank challan. This guide walks you through the step-by-step process for obtaining a refund of stamp duty, ensuring a smooth and efficient experience.
Step-by-Step Procedure for Stamp Duty Refund
Step 1: Application Submission
- Prepare Application:
- Apply to the concerned District Collector/Sub-Collector/Dy. Collector/R.D.O/M.O.R. under Section 2 (9) of the Indian Stamp Act through the Sub-Registrar.
- Clearly mention the reasons for seeking a refund.
- Attach the original challan and receipt issued by the designated bank branch.
Step 2: Verification by Sub-Registrar
- Verification Process:
- Upon receiving the application, the Sub-Registrar will verify the records (Bank’s scroll, Pending challan register, etc.) to confirm the authenticity of the challan and receipt.
- The Sub-Registrar will ensure that the challan has not been utilized in any manner.
- A certificate confirming the pending status of the challan in the register will be issued and forwarded to the District Collector/Sub-Collector/Dy. Collector/R.D.O/M.O.R. along with the application for refund.
Step 3: Approval and Issuance of Refund
- Approval:
- The District Revenue Officer (D.R.O), District Collector, Sub-Collector, or Dy. Collector/R.D.O/M.O.R. will scrutinize the application and, upon approval, will issue proceedings for the refund.
- A 10% deduction will be applied to the total stamp duty paid.
- Refunds are processed for amounts remitted to the designated banks through challans under the head of account of stamp duty.
Important Notes
- Effective Dates:
- The new system of payment through challan was implemented from 22-09-2003 in Hyderabad and from 10-11-2003 in other parts of the state.
- The refund facility is extended for six months from the date of issue of the circular for previous claims.
- Authority: Circular Memo No. G1/16619/2003 dated 21-04-2004 from the Commissioner and Inspector General of Registration and Stamps, A.P. Hyderabad.
Additional Information for Drawing and Disbursing Officers (DDOs)
Delegation of Powers:
- The head of the office, declared as a drawing officer by the Government, may delegate powers to a Gazetted assistant. However, this assistant cannot re-delegate these powers.
Specimen Signatures:
- Obtain three sets of specimen signatures of DDOs, attested by the outgoing officer or controlling officer.
Jurisdiction:
- DDOs should draw bills within their jurisdiction only. Changes in jurisdiction require Government orders.
Responsibilities:
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