PART I EXTRAORDINARY
No.311 AMARAVATI, FRIDAY , APRIL 20, 2018 G.73 NOTIFICATIONS BY GOVERNMENT
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REVENUE DEPARTMENT
(REGISTRATION.II)
EXEMPTION OF STAMP DUTY AND REGISTRATION FEE ON THE LOAN AGREEMENTS AND MORTGAGE DEEDS TO BE EXECUTED IN FAVOUR OF THE BANKS BY THE PMAY (U) BENEFICIARIES FOR SECURING LOANS FOR CONSTRUCTION AND TRIPARTITE AGREEMENT UNDER PRADHAN MANTRI AWAS YOJANA (URBAN) SCHEME.
[G.O.Ms.No.172, Revenue (Registration.II), 19th April, 2018.]
NOTIFICATION-I
In exercise of the powers conferred by clause (a) of sub-section (1) of Section 9 of the Indian Stamp Act, 1899 (Act II of 1899), the Governor of Andhra Pradesh hereby remits the Stamp duty in full chargeable under the said Act and payable by the beneficiaries of housing programme under the Scheme 'Pradhan Mantri Awas Yojana (Urban)" on the loan agreements and mortgage deeds to be executed in favour of banks by them for securing loans for construction and also on the Tripartite agreements under the scheme.
NOTIFICATION-II
In exercise of the powers conferred by Section 78 of the Registration 2 ANDHRA PRADESH GAZETTE EXTRAORDINARY [Part-I
AMENDMENT
In the said "Table of Fees" after category 5(v), the following shall be added namely 5(w) :-
(w) No registration fee shall be leviable on the beneficiaries of housing programme under the Scheme 'Pradhan Mantri Awas Yojana (Urban)" on the loan agreements and mortgage deeds to be executed in favour of banks by them for securing loans for construction and also on the Tripartite agreements under the scheme.
Dr. D. SAMBASIVA RAO,
Special Chief Secretary to Government.
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