Category: Costs
State tax payable on the sale certificate to register the transfer of ownership.
Stamp duty rates vary by state, typically 5-7% of consideration for property. Some states give a marginal concession on auction sale certificates; check the state-specific rate before bidding.
Need broader context? Read our pillar guides for in-depth coverage of SARFAESI, DRT, NCLT, EMD, title due diligence, and financing.
