Overview
- Chief Minister Bhupendra Patel announced up to an 80% reduction on stamp duty for housing transfers carried out by societies to benefit lower- and middle-income families.
- The notification limits collections to 20% of the original duty and caps total payments, including any penalties, at the initial duty amount.
- Relief applies only to transfers completed on or before June 20, 2025, and applicants who paid dues or penalties before the notification are not eligible for refunds.
- The move overturns an April order that had hiked penalties on unpaid stamp duty dues by four to six times for cooperative societies, associations and non-trading bodies.
- Eligible societies, associations and non-trading corporations must submit qualifying transfer documents to the Gujarat Revenue Department to claim the reduced duty rates.