Stamp duty exemption on mortgaged and pledged documents

The scheme provides a 100% exemption on stamp duty for mortgaged and pledged documents related to new enterprises, expansion, and diversification enterprises anywhere in the state. This initiative aims to support manufacturers by reducing the financial burden associated with documentation during the establishment and operation of their businesses.

Any where in the state

Sponsored by: State
Funding pattern: Quantum of incentives-100%
Scheme type: Download

• 100% exemption on stamp duty for mortgaged and pledged documents
• Financial relief for manufacturers
• Encouragement for new enterprises and expansions

New enterprises, expansion, and diversification enterprises can apply for this scheme.

Offline

1. Apply for an Eligibility Certificate (EC) within three months from the date of commencement of production or the date of power connection, whichever is later.
2. Submit subsidy claims:
   • The first claim should be submitted within 30 days from the date of issue of EC.
   • Subsequent claims should be submitted once every six months, with specific deadlines for bills raised by Tamil Nadu Generation and Distribution Corporation Limited.