RIPS 2024 Scheme

Stamp Duty Exemption75% Exemption + 25% Reimbursement

Get 75% stamp duty exemption at registration plus 25% reimbursement (effectively 100% benefit) on land/lease documents under Rajasthan Investment Promotion Scheme 2024. Available for industrial units, MSMEs, and eligible projects.

75%
Exemption
25%
Reimbursement
100%
Total Benefit

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Key Benefits of Stamp Duty Exemption

100% Benefit

Get 75% exemption at registration plus 25% reimbursement, effectively providing 100% stamp duty benefit on your land/lease documents.

Significant Cost Savings

Save substantial amounts on stamp duty, which can be 5-7% of property value, reducing your overall project cost significantly.

Land & Lease Documents

Covers stamp duty on land purchase, lease agreements, building purchase, and property transfer documents.

Location Benefits

Available for all eligible locations in Rajasthan, with additional benefits for backward areas.

All Sectors

Available for manufacturing, services, IT/ITeS, agri-processing, and other eligible sectors under RIPS 2024.

Combinable Benefits

Can be combined with Land Conversion Charges Waiver and other RIPS 2024 incentives for maximum benefits.

Eligibility Criteria

Eligible Entities

  • New industrial units purchasing/leasing land
  • Expansion projects acquiring additional land
  • MSMEs and large industries
  • Service sector units (IT/ITeS, Tourism)
  • Agri-processing and infrastructure projects
  • Units meeting RIPS 2024 investment criteria

Eligible Documents

  • Land purchase agreements
  • Lease agreements for industrial land
  • Building purchase documents
  • Property transfer documents
  • Land conversion documents
  • Other immovable property transactions

Frequently Asked Questions

What is Stamp Duty Exemption under RIPS 2024?

Stamp Duty Exemption is a benefit under RIPS 2024 where eligible industrial units get 75% exemption on stamp duty at the time of registration, plus 25% reimbursement of the remaining stamp duty paid. Effectively, you get 100% benefit on stamp duty for land/lease documents.

Who is eligible for Stamp Duty Exemption?

Eligible entities include new industrial units, expansion projects, MSMEs, large industries, service sector units, and infrastructure projects that meet the investment and employment criteria under RIPS 2024 and are purchasing or leasing land/building for industrial purposes.

What is the stamp duty exemption rate?

Under RIPS 2024, eligible units get 75% exemption on stamp duty at registration time, plus 25% reimbursement of the stamp duty paid. This effectively provides 100% stamp duty benefit (75% exemption + 25% reimbursement).

What documents are covered under stamp duty exemption?

Stamp duty exemption applies to documents related to land purchase, lease agreements, building purchase, property transfer, and other immovable property transactions required for setting up or expanding industrial units.

Is there a limit on stamp duty exemption amount?

The stamp duty exemption benefit is typically available on the full value of eligible land/lease transactions. However, the total benefit may be subject to overall RIPS 2024 scheme limits and investment thresholds.

Can I combine Stamp Duty Exemption with Land Conversion Charges Waiver?

Yes, Stamp Duty Exemption can be combined with Land Conversion Charges Waiver and other RIPS 2024 benefits like SGST reimbursement, capital subsidy, interest subsidy, and electricity duty exemption for comprehensive financial support.

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