Latest Stamp Duty And Registration Charges In West Bengal 2024

The homebuyer is required to pay stamp duty & registration fees to the Finance Department of West Bengal for any property-related transactions conducted in that state according to the Indian Stamp Act 1899. Check out the article to learn about the latest stamp duty and registration charges in West Bengal, Calculation and Step by Step Process for Online payment.

Latest Stamp Duty and Registration Charges in West Bengal 2024

The West Bengal administration has extended the stamp duty and circular rate rebates until March 2024 in an effort to maintain the excitement in the state’s real estate sector.

Due to this, homebuyers will find it simpler to purchase their own homes.

The stamp duty and registration charges in West Bengal must be paid while the property is purchased.

Here is a list of the latest stamp duty and registration charges in the West Bengal area.

Stamp Duty and Registration Charges in West Bengal for various locations are as follows,

Also, check out Stamp Duty and Registration Charges in Maharashtra 2024

Stamp Duty and Registration Charges in West Bengal for Women

Contrary to the majority of states in India, Bengal does not grant women, buyers, a similar reduction from the payment of stamp duty when registering a property.

The stamp duty and registration charges in West Bengal for women are the same as mentioned in the above table.

Step-Wise Process for Stamp Duty and Registration Charges in West Bengal Calculation Online

The stamp duty and registration charges in west Bengal calculation can be done by the following process. Here is a step-by-step process for Stamp duty & registration charges calculation.

Step 1: Go to the official Website of stamp duty & registration of West Bengal.

Step 2: On the Home Page you will find ”e-Services” on the right side of the page. Go to Calculator for MV, SD & RF.

Step 3: In the Calculator Drop Down select Stamp Duty & Registration fee. 

Step 4: To calculate stamp duty and registration fees in West Bengal fill in all the necessary details on the next page such as Transaction Major and minor, select Local body from drop down and fill market value field. Then type Captcha and click on Display. You will see stamp duty and registration charges on the next screen.

Online Process to Pay Stamp Duty and Registration Charges in West Bengal

Only when the e-deed is accepted, applicants can proceed with paying stamp duty and registration fees for their transaction.

Here is step by step process for stamp duty and registration charges payment.

Step 1: Visit the official website of the West Bengal Finance Department.

Step 2: Go to e-Services and click on e- Payment and Refunds then from the dropdown select e-Payment of Stamp duty and registration fee.

Step 3: In the next display screen fill out Query No, Query Year and Security Code and click on Proceed.

Step 4: Next fill in bank details such as Bank name, Branch name, Ac No, IFC code, Bank Type, and Phone No, and click on Proceed for e-Payment.

Step 5: You will be redirected to the GRPS Portal of West Bengal.

Step 6: On the screen click on the option for Make Payment it will take you to the next page.

Step 7: From the displayed window Department/ Directorate option, click on Directorate of Stamp and Registration Revenue from the dropdown menu then next Select Service of Payment for Stamp duty and Registration Fees and click on proceed.

Step 8: On the next page you are required to fill in necessary details like the Depositors Name, Phone No, Address, Email ID and Payment mode. Now click on Proceed.

Step 9: Next page will display the amount of Stamp duty and registration fees which are payable. Select Submit. After that, you will see a screen with all the information listed; you must click Confirm and Continue to complete your online payment. When finished, click “click here to download challan” to access the payment receipt and obtain the challan or receipt.

Also, Read Rectification Deed: Meaning, Importance & Format

Stamp Duty and Registration Charges in West Bengal Refund Process

The government of West Bengal has now made it possible for customers to get a refund of the online fees they paid for stamp duty and registration but only if the document hasn’t been delivered towards the sub-registrar for registrations.

To Apply for a refund for Stamp Duty and Registration Charges in West Bengal follow the below process. 

Online Process For  Stamp Duty & Registration Charges Refund

Step 1: Go to the official West Bengal Finance department website.

Step 2: From e-Services Select e-Payment and Refund. From the dropdown click on Application for Refund of e-Payment.

Step 3: On the next window fill in Query No, and Query Year information. If a refund is authorized, it will be refunded to the bank account information provided when paying the registration fees and stamp duty.

Also, you will be required to upload the following document. 

• Online deposit challan(claimant’s copy).
• Valuation report/query Copy.
• Document of Original executed/partly executed.
• Cancelled blank cheque from your bank.
• Documentation demonstrating the cancellation of the agreement.

Offline Process For Stamp Duty and Registration Charges Refund

For offline mode follow the following steps,

Step 1: To the registrar’s office that was chosen on the e-Assessment form, submit the application form in the format outlined in Annexure A.

Step 2: Only the depositor may request a refund, and the request must be submitted within three months after the date on which the stamp duty & registration fee were paid online.

Step 3: For offline mode also above-mentioned documents are required.

Also, read Things to know about 80EEA Deduction for Income Tax on Home Loans for 2024

Grievance Redressal for Stamp Duty and Registration Charges in West Bengal

Consumers must log in to make a complaint about stamp duty and registration.

Here is a Process for Grievance Redressal for Stamp Duty & Registration Charges in West Bengal.

Step 1: Go to the official website of the West Bengal finance department and click on the Independent Grievance Redressal system From e-Services.

Step 2: On the next dropdown select Submission of Complaints/Suggestions 

Step 3: Fill out all the detail on the next window such as Name, Address, Pincode, State, District, City, Mobile No. , Email Id and your complaint with supporting documents. Click on Submit.

Which Factors Decide Stamp Duty and Registration Charges in West Bengal

In West Bengal, stamp duty is levied at varied rates on different kinds of property transfers. Stamp duty rates in West Bengal are determined by three things:

Location: Compared to properties in metropolitan regions, rates for residences in rural areas are lower.

Property value: Compared to homes worth more than Rs 1 Cr properties of up to Rs. 1 Cr have cheaper stamp duty rates.

Property Status: Newly built homes generally have greater stamp duty fees than older properties.

This means that 3% of the property’s worth will be paid as stamp duty & registration fees if you purchase a property in a rural area of West Bengal for Rs 1 crore. The stamp duty & registration cost for a property of equal value situated in the urban locations will be 4%.

Also, Read How To Choose A Bank For Home Loan.

Important Things to remember about Stamp Duty and Registration Charges

The following are crucial details about stamp duty and registration fees in West Bengal that you should be aware of:

• In West Bengal, the cost of stamp duty & property registration is purely based on the property’s worth.
• For properties under 25 lakhs, a stamp duty of 5% is applied when buying real estate in the Panchayat region. However, a 7% stamp duty is applied if the home’s value is over 40 lakhs.

Also, Release Deed: Meaning, Uses, Format and Registration

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