Following Chief Minister Vasundhara Raje announcement in Budget 2017-18, the state’s Finance Department has imposed surcharge on all such instruments that are non-judicial in nature, an order of which was released on March 31.
“In exercise of the powers conferred of the Rajasthan Stamp Act, 1998 and in supersession of this department’s notification, state government hereby order surcharge at the rate of 10 per cent on stamp duty payable on all instruments for the purposes of conservation and propagation of cow and its progeny,” states the order.
Conservation of cows in Rajasthan will entail a cost for those making rent agreements, mortgage papers and lease agreement as they will now pay a surcharge of 10 per cent on stamp duty for cow protection. The surcharge has been imposed on all non-judicial instruments for the conservation and propagation of cows in BJP-ruled Rajasthan.
The nature of utilisation of such collected fund has not been specified by the government as on date . However, judicial stamps, revenue ticket and insurance ticket have been excluded from this order.
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