Ahmedabad: Gujarat high court announced that for payment of stamp duty according to the jantri rates, registration of property will not be made mandatory. According to the ready reckoner, 5 per cent stamp duty of the market will not be deterrent in registration of property deals.The state government issued a circular on May 9, 2007 which made it mandatory for the registration to pay the full stamp duty according to the jantri rates of the property. The high court further invalidated the state government’s circular over jantri rates, holding this circular in violation of provisions of registration Act and Bombaty Stamp Act.The state government issued circular in May 2007, which amended rule 45(1) of the Registration Act and directed all sub-registrars to register property documents which pays the stamp duty as per the Jantri rates only. In accordance with this circular prevented registration of properties whose transaction values were below the Jantri rates.Before the state government’s amendment, property owners were able to register the property while paying stamp duty on contracted value. The deputy collector of stamp duty later decided property’s value after site inspection after the registration and if any difference is found out then buyer would get liberty to contest their cases in courts.2007 amendment changes rendered provision of section 32A of the Act as redundant and people who suffered could not be able to raise their disputes as the stamp duty was fixed according to the jantri rates.займ на карту без отказов круглосуточновзять кредит онлайн