Stamp Duty Rates- As Applicable in Andhra Pradesh

The following are the stamp duty rates as applicable in Andhra Pradesh
as on date of January 31,2007.

I. Local Body: Municipal Corporation of Hyderabad.

Sl.No. Nature of Document Stamp Transfer

duty duty %
%
1 Conveyance Deed (without consideration) 5 0
2 Conveyance for consideration 5 2
3 Development Agreement or Construction 1 0
Agreement
4 Exchange 5 5
5 Further Charge- when the original 5 5
mortgage is with possession
6 Further charge – without possession on a 3 0
simple mortgage
7 Further charge – original mortgage is 5 5
without possession and possession is
agreed to be given at execution
8 Gift 5 5
9 Gift settlement for charitable/religious 3 0
purposes
10 Gift settlement in f/o Local bodies 0 0
11 Gift settlement in f/o family member 1 0
12 Gift settlement in f/o others 6 0
13 Gift for charitable Religious purposes/God 2.5 5
14 Gift in f/o Local Bodies (G.O. 137) 0 5
15 Gift in f/o Government 0 5
16 Gift settlement deeds in f/o Government 0 0
17 Instruments between Co-op and other Co- 0 0
op, Banks, financial Institutions or Govt.
18 Instruments between Co-ops, Govt. and 0 2
other Financial Institute.
19 Instruments in f/o House Building Co-op 0 0
Societies for loan up to Rs. 30000 under
LIGH scheme
20 Instruments in f/o SBI and Nationalised 0 0
banks for loan up to Rs. 6500 under Diff
rates of Int. Adv.
21 Mortgage deed between Society to society 0 0
or Banks
22 Mort. Deed in f/o Governor/President of 0 0
India by Gt. Servants
23 Mort deed by Co-op Society in f/o Govt. 0 0
24 Mort deed by small farmer for Agrl. Loans 0 0
in f/o PAC/Bank
25 Mortgage with possession 5 5
26 Mortgage without possession 3 0
27 Mortgages executed by members of Co-op 0 0
urban and Town Banks in f/o such Banks
for loan up to Rs. 15000.
28 Mortgages in f/o Co-op credit Societies of 0 0
weaker section of non-agricultural class
loan <= 10000
29 Mortgage in f/o Grameena or Scheduled 0 0
Bank for Agricultural Credit
30 Partition 3 0
31 Partition among Family Members 1 0
32 Re-conveyance deed executed by Govt in 0 0
f/o employees
33 Release (Federation or Society) 0 0
34 Release (Co-parcener) 1 0
35 Release (others) 5 0
36 Release among Family members 1 0
37 Security Bond 3 0
38 Sale Agreement with possession 7 0
39 Sale Agreement without possession 1 0
40 Sale Deed 7 2
41 Sale Deed in favor of Mortgagee 7 2
42 Sale deed executed by AP. Housing Board 7 2
43 Sale deed executed by Society in f/o 0 2
member
44 Sale deed executed by or in favor of 7 2
constituted by Govt
45 Sale deed in favor of state or Central govt. 0 0
46 Sale deed in f/o agrl labrs (SC/ST) funded 0 0
by SC Fin. Corporation.
47 Sale of life interest 5 0
48 Sale with Indemnity 7 2

2
II. STAMP DUTY FOR LOAN DOCUMENTS :

Sl.No Nature of Document Stamp duty Rs.

.
1 Agreement
2 Undertaking
3 Memorandum of entry
4 Deed of Hypothecation /Deed
of Pledge/pawn
5 Deed of Hypothecation or Deed
of Pledge/pawn
100
100
0.5% of the amount secured
by such deed , subject to
maximum of Rs.50,000/-
0.5% of the amount secured
by such deed, subject to
maximum of Rs.2,00,000/-
Half of the duty payable
under clause II (4) above.

If loan is repayable not more

than three months from the
date of such instrument
5 Indemnity 100
6 Declaration 100

DISCLAIMER:

Please verify the above rates with concerned authorities before

finalizing on stamp duty aspects. We are not responsible for any errors
or changes as on date, what so ever.