How to apply for stamp duty refund in Madhya Pradesh?

In case of cancelled sales deed, one should apply for stamp duty refund within six months of the property registration process. In cases, where the stamp duty has been paid and the transaction is aborted, a reimbursement application should be filed to the Deputy Commissioner.  On the basis of the situation, a decision will be taken in which the MP state government may levy a 10% deduction on the original stamp value. Note that the registration charges for registered properties will not be refunded.

Can you get stamp duty refund if gift deed is revoked?

Stamp duty paid on a gift deed in Madhya Pradesh is 1% of property value for blood relatives and 5% for non-blood relatives. This is not refundable, even if the deed is revoked later. You can apply for a stamp duty refund if the gift deed is not executed and the transaction is cancelled. This can be done within 6 months. To know more, visit the local Sub-Registrar Office (SRO) where the gift deed was intended to be registered. If you are eligible for the refund, fill the appropriate form and affidavit and submit along with original stamp paper and proof of gift deed cancellation.

Penalty for late payment of registration fee in Madhya Pradesh

Stamp duty and registration charges are one of the biggest sources of revenue for the Madhya Pradesh state government and hence strict penalties are imposed  if these are not paid under Section 25 of the Registration (Amended) Act, 1908.

Delay timeline Penalty
Delay does not exceed a month Twice the amount of property registration fee
Delay of more than one month but less than two months Four times the amount of property registration fee
Delay of more than two months but less than three months six times the amount of property registration fee
Delay of more than three months but less than four months 10 times the amount of property registration fee

Source- https://invest.mp.gov.in/wp-content/uploads/2021/06/Dept_of_igrs.pdf