please prepare the lease agreement and submit it to the Collector for adjudication of stamp duty payable on the lease agreement

stamp duty is state subject and varies from state to state

2) tehisldar would guide you on stamp duty payable by you on lease deed

Sir thank you for your rating for which I do not care!!

If you want to know the stamp paper amount and calculation for purpose of stamp duty, the Collector is the best person who will compute the same for you for a nominal fee

Or else you can also approach some registration agent and tip him who will calculate the stamp duty for you

The mode of computation will be given in the State issued ready reckoner which gives guideline values for various transactions and also how to compute the same

Dear Client,

For mining purpose stamp duty shall be payable 15% of the average royalty calculated on highest annual production by the entity.

But this amendment in stamp act has been stayed by High Court in 2013.

Normal stamp duty payable is 5% + 1% of total consideration.

I have got a minor mineral mine through auction for 5 years.after completion of all the papers I have to execute a lease agreement with Thasildar in the registry office . For how much amount I have to purchase stamp papers , Court fee, etc.it is five years quarry lease.calculation of stamp paper will be calculated on rayality for one year or two or fiveyear or average of 5 years royalty. Please clarify

The stamp duty for registration of property or lease agreement or any registration is a state subject.

It differs from one state to another

Hence this may be enquired locally thorough a document writer or by approaching the sub-registrar's office in your locality

I know that but I want to know for how much amount stamp papers are to be purchased calculation made on what amount one years or five years

A document writer who will be preparing the lease agreement for you will be the better person to guide you properly and take care of all such technical issues.

Hi

1) Since the quarry lease is for five years and the royalty is being paid for 5 years, under section 3(A)(1) of The Indian Stamp(ODISHA Amendment act)2013, Stamp duty chargeable shall be 15 percentum of the average royalty that would accrue out of highest extraction of minerals approved by mineral plan or mineral scheme multiplied by period of mining lease.

2) So, your stamp duty should be royalty per year multiplied by period of lease(5 years).

3) Stamp duty can also be deposited in bank designated by government in lieu of purchasing stamp papers

Hope this information is useful.