Rajasthan Stamp (Amendment) Act, 2004
[Rajasthan Act 7 of 2004][10th August, 2004]

   “(bb) if relating to purchase or sale of an immovable property, when possession is neither given nor agreed to be given.

Three percent of the total consideration of the property as set forth in the agreement or memorandum of agreement:

Provided that the stamp duty paid on such agreement shall at the time of the execution of a conveyance in pursuance of such agreement subsequently be adjusted towards the total amount of duty chargeable on the conveyance deed is executed within three years from the date of agreement

   (bbb) if relating to secure the repayment of a loan or debt

made by, a bank or Finance Company.

0.1 percent of the amount of loan or debt.

   (bbb) if relating to giving authority or power to a promoter or a developer, by whatever name called, for construction on, or development of, any immovable property:

One percent of the market value of the property,”;

  “6. Agreement or any other document (memorandum etc.) relating to the deposit of title deeds, pawn or pledge i.e. any documentary proof relating to:—

   (1) the deposit of title deeds or instruments, constituting or being evidence of the title to any property whatever, other than a marketable security; or

   (2) the pawn or pledge of movable property, where such deposit, pledge has been: made by way of security for the repayment of money advanced or to be advanced by way of loan or an existing or future debt,—

   (a) if such loan or debt is repayable on demand or more” than three months from the date of the instrument evidencing the agreement or proof of deposit of title deeds.

01. percent of the amount of loan or debt.

   (b) if such loan or debt is repayable not more than three months from the date of such instrument.

Half the duty payable under clause (a) for the amount secured.

“(i) if relating to immovable property.

Eleven percent of the market value of the property.”;

   “(b) where the lease is granted for a fine or premium or for money advanced or development charges advanced or security charges advances and where no rent is reserved:—

   (i) where the lease purports to be for a term of not more than twenty years.

The same duty as on a conveyance (No. 21) for a consideration equal to the amount or value of such fine, premium, advance as set forth in the lease.

   (ii) where the lease purports to be for a term in excess of twenty years, or in perpetuity or where the term is not mentioned.

The same duty as on a conveyance (No. 21) on the market value of the property which is the subject matter of the lease.”;

   “(c) where the lease is granted for a fine or premium of for money advanced or development charges advanced or security charges advanced in addition to rent reserved,—

   (i) where the lease purports to be for a term of not more than twenty years.

The same duty as on a conveyance (No. 21) for consideration equal to the amount or value of such fine premium, or advance and amount of average rent of two years as set form in the lease.

   (ii) where the lease purports to be for a term in excess of twenty years, or in perpetuity or where the term is not mentioned.

The same duty as on a conveyance (No. 21) on the market value of the property which is the subject matter of the lease.”;

   “Provided that in any case when an agreement to lease, is stamped with the stamp required for a lease, and a lease in pursuance of such agreement is subsequently executed, the duty on such lease shall not exceed ten rupees.”:

   “(cc) when authorizing any person (except a power of attorney executed in favour of father or mother or brother or sister or wife or husband or son or daughter or grandson or grand daughter) to transfer any immovable property,”;

Rupees five hundred.”;

   “(a) If the release deed of an ancestral property or part thereof is executed by or in favour of brother or sister (children of renouncer's parents) or son or daughter or son of predeceased son or father or mother, or spouse of the renouncer or the legal heirs of the above relatives.

One hundred rupees.”; and

   “58. Works contract that is to say a contract for works and labour or services involving transfer of property in goods (whether as goods or in some other form) in its execution and includes a subcontract:—

   (a) Where the amount or value set forth in such contract does not exceed Rs. 10 lacs.

One hundred rupees.

   (b) Where it exceeds Rs. 10 lacs but does not exceed Rs. 50 lacs.

Five hundred rupees.

   (c) Where it exceeds Rs. 50 lacs

One thousand rupees.”.