If a sale certificate was presented for registration, duty payable is 5% towards stamp duty and 1% towards registration charges - State is entitled to collect 6% of the bid amount

Citation 

2024-4-L.W. 277

IN THE HIGH COURT OF JUDICATURE AT MADRAS

01.08.2024/W.A.No. 1606 of 2021 and C.M.P.No. 10009 of 2021

R.Subramanian, J., and R.Sakthivel, J.

1.The Inspector General of Registration, Mylapore, Chennai.

2.The Sub-Registrar, Annur, Coimbatore District. ...Appellant

Vs.

Trinity Colour India (P) Limited, Rep. by its Director, Mr.A.Yogeshkumar, S/o C.Ayyakkan, No.27, Annamalai Nagar, Off: Mettur Road, Erode 638 011.

...Respondent

Stamp act, surcharge, sale certificate held: surcharge is not payable for registration of sale certificates - If a sale certificate was presented for registration, duty payable is 5% towards stamp duty and 1% towards registration charges - State is entitled to collect 6% of the bid amount - In the case on hand, 7% has been collected appellant would be liable to refund 1% of the stamp duty.                                            para 6