State effects increase through a GO dated August 17; service charges not to see annual hike
The State government has increased the fee charged on an array of services, which are offered by the Registration and Stamps (R&S) Department. Fee for almost all major services of the department, including gifting, settlement, exchange, general power of attorney, lease, license, mortgage, release of title deeds among others have been increased.
The enhancement of fee was effected through a Government Order (G.O.Ms.No.463, dated August 17, 2013), released by Principal Secretary, Revenue (Registration and Stamps) Department, Vinod K Agrawal. Senior department officials, however, assured that unlike revision of market values, the hike in the service charges will not be an annual exercise.
Services like registration of documents during holidays have been hiked form Rs. 1,000 to Rs. 5,000 while for facilities like department officials coming home for registration when clients are indisposed have been increased from Rs. 500 to Rs. 1,000. Similarly, fee for services like rectification, ratification (when a person is unable to come on the day of registration) and cancellation of existing deed has been increased from Rs. 100 to Rs. 1,000.
“Till now, we used to charge a mere Rs. 1,000 to visit someone’s house on a holiday for registration, which is not substantial. Similarly, services like rectification, ratification and cancellation of deeds involves lot of paperwork and manpower and the earlier rate of Rs. 100 was a pittance. These were anomalies and now we have tried to rectify them,” senior R&S Department officials maintained.
Fee for other services that have been enhanced from Rs. 100 to Rs. 1,000 include attestation of special power of attorney, general power of attorney other than sale, will enquiry or authority to adopt and opening of sealed covers of wills. The fee for agreement relating to pawn, pledge, hypothecation of movable property, machinery, material and stock is now 0.5 per cent starting from a minimum of Rs. 1,000 to a maximum of Rs. 5,000.
The fee for gift deeds in which a property or anything else is given as a gift to close relatives, is now 0.5 per cent of the cost of the property or the gift. “The minimum fee for servicing gift deeds is Rs. 1,000 and the maximum is Rs 10,000. Similarly, for settlements, the fee now varies between Rs. 1,000 and Rs. 10,000. Earlier, we used to charge only Rs. 1,000 for such services but now the charges will vary depending on the worth of the property,” officials said.
The power of attorneys given to sell, construct, develop and transfer immovable property, the fee for which used to be Rs. 1,000, is now 0.5 per cent, which means the fee will be a minimum of Rs. 1,000 and a maximum of Rs. 10,000 depending on the cost of the property.
Keywords: Registration and Stamps Department, gifting, settlement, exchange, general power of attorney, lease, license, mortgage, release of title deeds, Government Order, Ms.No.463, dated August 17, 2013, Principal Secretary, Revenue (Registration and Stamps) Department, gift deeds, power of attorney, immovable property