Stamp duty exemption on mortgaged and pledged documents

The Stamp duty exemption on mortgaged and pledged documents scheme provides a 100% exemption on stamp duty for new enterprises, expansion, and diversification enterprises across the state of Tamil Nadu. This initiative aims to support manufacturers by reducing the financial burden associated with documentation for mortgaging and pledging assets.

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 in Tamil Nadu can apply for this scheme.

Offline

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