Government of J & K provides for remission of stamps duty for Industrial units undertaking substantial expansion

Government of Jammu and Kashmir through notification dated 16 July, 2021 has provided for remission of duty
chargeable under the Stamps Act,1977 for new as well as existing Industrial units undertaking substantial expansion
in case of documents/instruments related to land transactions in Government Industrial Estates. The substantial expansion in case of documents/instruments related to land transactions in Government Industrial Estates shall include
lease/mortgage deeds executed by the Industrial Units under Jammu and Kashmir Industrial Policy 2021- 30.

RECENT UPDATES