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ANDHRA MARATHI GREEN BANK HEAD OFFICE :: ADAPT Circular No. 442007BCCDDate: 12.3.2007EXEMPTION OF STAMP DUTY FOR THE LOANS AVAILED UP TO Rs. 3.00 LAKHS TO SMALL AND MARGINAL FARMERS Attention of all

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How to fill out exemption of stamp duty

01

To fill out an exemption of stamp duty, follow these steps:

02

Obtain the exemption of stamp duty form from the relevant authority or download it from their website.

03

Read the instructions on the form carefully to understand the eligibility criteria and required documents.

04

Gather all the necessary documents such as proof of identity, proof of income, and supporting documents for the exemption.

05

Fill out the form accurately, providing all the requested information and attaching the required documents.

06

Double-check the filled form and documents to ensure everything is in order.

07

Submit the completed form along with the supporting documents to the designated authority either in person or by mail.

08

Pay any applicable fees, if required.

09

Wait for the authority to review your application and process the exemption.

10

Once the exemption is approved, you will be notified and exempted from paying the stamp duty as per the regulations.

Who needs exemption of stamp duty?

01

Various individuals or entities may need exemption of stamp duty including:

02

- First-time homebuyers who are eligible for certain exemptions or discounts on stamp duty for their primary residence.

03

- Charitable organizations or non-profit entities that qualify for exemption from stamp duty on certain transactions.

04

- Government departments or agencies that are exempt from paying stamp duty on specified transactions.

05

- Certain types of businesses or industries that may be eligible for stamp duty exemptions or reductions.

06

- Individuals or entities who meet specific criteria or conditions set by the government for stamp duty exemption.

07

- It is best to consult the relevant authority or seek professional advice to determine if you qualify for exemption of stamp duty.

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