“Stamp Duty” means the duty defined as stamp duty payable under the Rajasthan Stamp Act, 1998
An Eligible Manufacturing Enterprise other than the enterprises as mentioned in part A of annexure IV appended to the scheme and the enterprises engaged in manufacturing of cattle feed/ poultry feed/ fish feed] shall be granted exemption from payment of 50 % of stamp duty on purchase or lease of land and construction or improvement on such land, provided that this exemption shall not be allowed to the sick industrial enterprise covered under clause 2 (xxxiii) (c)] 2 [ ].
Service Enterprises shall be granted Exemption from payment of 50 % of Stamp Duty on purchase or lease of land and construction or improvement on such land.
In Electronic System Design & Manufacturing (ESDM) sector, enterprise, making an investment equal to or above fifty crore in the ESDM sector and providing direct employment to at least one thousand persons, during the period 01.10.2015, to 31.03.2017, and commences commercial production up to 31.03.2017, shall be granted 50 % additional exemption from payment of stamp duty on purchase or lease of land and construction or improvement on such land.
In MSME sector, reduced stamp duty of Rs 100 per document in case of loan agreements and deposit of title deed and lease contract and Rs 500 per document in case of simple mortgage with or without transfer of possession of property executed for taking loan for setting up of micro, small or medium enterprises or enhancing credit facilities or transfer of loan account from one bank to another by MSME as provided in notification number F.2 (97)FD/Tax/2010-11 of 25.04.2011.
In Tourism sector, enterprises covered [under sub-clause (a), (b) and (bb) of clause 2 (xxxviii)] of the scheme shall be granted 25% additional exemption from payment of stamp duty chargeable on the instrument of purchase or lease of more than 100 years old heritage property in the state, for the purpose of hotel development under the scheme declared by the tourism department as provided in notification no. F.12 (20) FD/ Tax / 2005- 219 of 24.03.2005 [,].
In IT Sector, enterprises making an investment above five crore but below twenty five crore rupees and equal to or above twenty five crore rupees, shall be granted 50 % additional exemption of stamp duty on purchase or lease of land and construction or improvement on such land.
In Thrust Sector, enterprises making a minimum investment of five crore rupees in the it sector shall be granted 50 % additional exemption of stamp duty on purchase or lease of land and construction or improvement on such land, in addition to benefits mentioned in clause 9A.2.1.
Claims for Exemption from Stamp Duty:
The enterprise making investment for setting up of a new enterprise or for expansion or for revival of sick industrial enterprise under the scheme, shall submit a duly completed application in form-I, appended to the scheme, for availing exemption from stamp duty, along with a project report duly certified by a chartered accountant [and a self-attested declaration in support of the facts of the application], to the member secretary of the appropriate screening committee. In case of revival of sick industrial enterprise, the enterprise shall also submit an undertaking that it shall provide employment to the extent of 50% in the first two years, of the maximum level of employment attained in the preceding 3 years from the date of its declaration as a sick industrial enterprise, followed by 100% employment within five years.