Stamp Duty and Registration Charges in West Bengal – The West Bengal state administration has extended the stamp duty and circular rate rebates until March 2024in an effort to maintain the fervor in the state’s real estate sector. Home buyers and real estate developers in West Bengal have praised the choice. West Bengal’s extension of the stamp duty refund is being viewed as a gift for the city’s residents during Durga Puja. Read below to get detailed information related to the Stamp Duty and Registration Charges in West Bengal like highlights, features, and Benefits, Area-wise Stamp Duty and Registration Charges, Stamp Duty and Registration Charges on Different Property Deeds in West Bengal, and much more
Stamp Duty and Registration Charges in West Bengal 2024
When buying a property in the state of West Bengal, you must pay the state’s registration fee and stamp duty. The buyer in West Bengal is responsible for paying the registration costs and stamp duty. The West Bengali administration has made it possible for residents to pay their registration and stamp duty fees online in an effort to assist them. Real estate buyers would now find it simpler to purchase their own properties thanks to the present stamp duty discount in West Bengal. The extension of the West Bengal stamp duty rebate will allow homebuyers to significantly reduce their costs because the West Bengal stamp duty makes up a sizeable portion of the cost of a house.
WB Stamp Duty and Registration Charges Details in Highlights
Name | Stamp Duty and Registration Charges |
Introduced by | West Bengal state administration |
State | West Bengal |
Official Website | https://wbregistration.gov.in/ |
Features and Benefits of Stamp Duty in West Bengal
Some of the key features and Benefits of Stamp Duty in West Bengal are as follows:
- In West Bengal, stamp duty is levied at varied rates on different kinds of property transfers.
- Compared to properties in urban areas, rates for properties in rural areas are lower.
- Compared to homes worth more than 1 crore rupees, stamp duty rates are lower for properties worth up to 1 crore rupees.
- Gender is not taken into account: Unlike the majority of states, West Bengal does not grant a discount if a woman owns the property.
- 3% of the property’s worth will be paid as stamp duty and registration fees if you purchase a property in a rural area of West Bengal for Rs 1 crore.
- The stamp duty and registration cost for a property of equal value located in an urban area will be 4%.
- The stamp duty and registration charge for a property worth Rs 2 crore will be 4% in rural regions and 5% in urban areas.
Banglarbhumi West Bengal Land Record
Check Stamp Duty and Registration Charges in West Bengal
The Stamp Duty and Registration Charges in West Bengal are given in the table below:
Property Location | Stamp duty for the property above Rupees 25 lakh | Stamp duty for property Rupees 25 lakh and below | Registration fee |
Municipal Corporation Area | 7% | 6% | 1% |
Corporation (Kolkata/Howrah) area | 7% | 6% | 1% |
Areas that do not fall under the above two | 6% | 5% | 1% |
Area-wise Stamp Duty and Registration Charges in West Bengal
The Area-wise Stamp Duty and Registration Charges in West Bengal are given in the table below:
Area of the Property | Property Value More than Rupees 40 Lakh | Property Value less than Rupees 25 Lakh | Stamp Duty in case of the Females | Registration Rates |
Kolkatta | 5% | 4% | Same | 1% |
Durgapur | 5% | 4% | Same | 1% |
Howrah | 5% | 4% | Same | 1% |
Siliguri | 5% | 4% | Same | 1% |
Kharagpur | 5% | 4% | Same | 1% |
West Bengal Lakshmi Bhandar Scheme
Stamp Duty and Registration Charges on Different Property Deeds in West Bengal
Property Instrument | Stamp Duty | Registration Fee |
Transfer of lease of government land in family members’ approval | 0.5% of the market value of the property | Same as the transfer deed |
Transfer cost of lease property in all other cases | Same as transfer deed on the market value of the property | Same as the transfer deed |
Gift deed except for family members | Same as transfer deed on the market value of the property | Same as the transfer deed |
Gift deed to family members | 0.5% of the market value of the property | Same as the transfer deed |
Power of attorney of property having a market value above 60 Lakhs Rupees and below 1 Crore Rupees | 10,000 Rupees | Nil |
Power of attorney of property having a market value below ₹30 Lakhs | 5,000 Rupees | Nil |
Power of attorney of property having a market value above 30 Lakhs Rupees and below 60 Lakhs Rupees | 7,000 Rupees | Nil |
Power of attorney of property of a market value over 3 Crore Rupees | 75,000 Rupees | Nil |
Power of attorney of property having a market value above 1 Crore Rupees and below 1.5 Crore Rupees | 20,000 Rupees | Nil |
Power of attorney of property having a market value above 1.5 Crore Rupees and below 3 Crore Rupees | 40,000 Rupees | Nil |
Sale agreement on a property with a market value between 60 Lakhs Rupees and 1 Crore Rupees | 10,000 Rupees | 7 Rupees |
Sale agreement on a property with a market value less than 30 Lakhs Rupees | 5,000 Rupees | 7 Rupees |
Sale agreement on a property with a market value between 30 Lakhs Rupees and 60 Lakhs Rupees | 7,000 Rupees | 7 Rupees |
Sale agreement on a property with a market value above 3 Crore Rupees | 75,000 Rupees | 7 Rupees |
Sale agreement on a property with a market value between 1 Crore Rupees and 1.5 Crores Rupees | 20,000 Rupees | 7 Rupees |
Sale agreement on a property with a market value between 1.5 crores Rupees and 3 crores Rupees | 40,000 Rupees | 7 Rupees |
Partnership deed up to 50,000 Rupees | 100 Rupees | 7 Rupees |
Partnership deed up to 500 Rupees | 20 Rupees | 7 Rupees |
Partnership deed over 50,000 Rupees | 150 Rupees | 7 Rupees |
Partnership deed up to 10,000 Rupees | 50 Rupees | 7 Rupees |
Steps to Calculate Stamp Duty and Registration Charges in West Bengal
To calculate stamp duty and registration charges in West Bengal, user needs to follow the below given steps:
- First of all, go to the official website of the Directorate of Registration and Stamp Revenue, West Bengal i.e., https://wbregistration.gov.in/
- The homepage of the website will open on the screen
- Under the E-services tab click on the Calculator for MV, SD & RF
- A dialog box will appear on the screen with various options
- Click on the Stamp Duty and Registration Fee option
- Stamp Duty and Registration Fee Calculator will open on the screen
- Now, fill in all the required details like
- Transaction Major
- Transaction Minor
- Local Body
- Market Value
- After that, enter the captcha code
- Finally, click on the Display button to calculate stamp duty and registration charges
Steps to Pay Stamp Duty and Registration Charges in West Bengal
To pay Stamp Duty and Registration Charges in West Bengal, the user needs to follow the below given steps:
- First of all, go to the official website of the Directorate of Registration and Stamp Revenue, West Bengal i.e., https://wbregistration.gov.in/
- The homepage of the website will open on the screen
- Under the E-services tab click on E-payment and Refund option
- A dialog box will appear on the screen with various options
- Click on the e-Payment of Stamp Duty & Regn Fees option
- A new page will open on the screen
- Now enter the Query No and Query Year
- After that, enter the captcha code and click on the proceed button
- A new page will open on the screen
- Now, enter all the required details like the account holder’s name, bank account number, bank name, branch name, phone number, type of bank account, IFS code and MICR code.
- After that, click on the Proceed for ePayment button
- A new page will open on the screen
- Now, under the select Department/Directorate section, select the Directorate of Registration & Stamp Revenue
- After that, under the Select Service box, select Payment of Stamp Duty, Registration Fees and Mutation Fees
- Now, click on the proceed button
- A new page will open on the screen
- Enter all the required details like the name, address, phone number, mobile number and email Id, user type, payment mode
- Click on the Proceed button
- A new page will open on the screen with the details about stamp duty and registration charges on your West Bengal property and the total amount
- Now click on the confirm and proceed button, to make your online payment
- After successful payment, payment confirmation message will display on the screen
- Finally click on the download button to download the challan or receipt for future reference
Steps to Get a Refund of Paid Stamp Duty and Registration Charges
To get a refund of paid Stamp Duty and Registration charges, user needs to follow the below given steps:
- First of all, go to the official website of the Directorate of Registration and Stamp Revenue, West Bengal i.e., https://wbregistration.gov.in/
- The homepage of the website will open on the screen
- Under the E-services tab click on E-payment and Refund option
- A dialog box will appear on the screen with various options
- Click on the Application for Refund of e-payment option
- A new page will open on the screen
- Now, enter the query number, query year, and the GRN number
- After that, click on the Show Payment button
.