Chhattisgarh Stamp Duty Exemption for Industrial & Logistic Parks

The Chhattisgarh Stamp Duty Exemption, offered under the state's Logistics Package, gives businesses a 100% waiver on stamp duty payable when executing sale or lease deeds for land meant for private industrial and logistic parks. Industries that set up operations inside these government-approved parks can also claim the same exemption. The scheme exists to lower the upfront capital a business must commit, which in turn makes Chhattisgarh a more viable location for investment in logistics and manufacturing.

The Government of Chhattisgarh intends, through this relief on land acquisition and leasing costs, to build conditions that support industrial growth, generate employment and improve the state's economic position. The policy applies both to new ventures and to existing ones looking to expand.

To avail the Stamp Duty Exemption provided under the Chhattisgarh Logistics Package, qualifying enterprises need to complete the application process set out in the wider policy framework. In broad terms, this entails:

- **Reviewing the Official Policy Document:** Obtain the full 'Logistics Package' policy document from the Invest Chhattisgarh website in order to familiarise yourself with the detailed terms, conditions and specific procedures. - **Assembling the Necessary Documents:** Collect all relevant legal and financial papers pertaining to the land deed, evidence of enterprise registration, and official approvals/sanctions for the industrial/logistic park development. - **Filing the Application:** Fill in the prescribed application form for claiming the exemption, which is ordinarily to be submitted to the concerned state government department, such as the Department of Commerce & Industry or the Stamp and Registration Department. - **Verification and Approval:** The authorities will carry out a verification of the application and documents submitted. Once the review is completed successfully, the exemption will be granted or applied at the time of deed execution. - **Execution of the Deed:** Carry out the execution of the sale or lease deed, ensuring that the 100% stamp duty exemption is applied in accordance with the policy.