Stamp Duty Amnesty Scheme 2023

With a view to boost collection of revenue in an era of highly significant property transactions, Government of Maharashtra introduced Maharashtra Stamp Duty Amnesty Scheme - 2023 on 7 December 2023 which, read with the explanatory note and guidelines dated 11 December 2023, the corrigendum dated 13 December 2023 and an order  dated 2 February 2024 issued by Revenue and Forest Department, Government of Maharashtra (the Amnesty Scheme), provides for a reduction or remission not only of the penalty but also of the stamp duty chargeable under the Maharashtra Stamp Act, 1958 in relation to certain instruments.