HP Stamp Duty & Registration Fee Exemption

Under the IT, ITeS and ESDM Policy 2019, the Government of Himachal Pradesh offers an exemption on stamp duty and registration fee. The incentive applies to enterprises running units, or setting up new ones, in the Information Technology, IT-enabled Services and Electronic System Design and Manufacturing sectors in the state. Stamp duty and registration fee are waived in full, which lowers the entry cost for such units.

The exemption covers costs that arise at the point of registering a business, executing property transactions and completing legal documentation. It is available to startups as well as established firms, and applies to fresh investments and expansion projects in Himachal Pradesh.

- Eligible enterprises must follow the application procedure set out in the IT, ITeS and ESDM Policy 2019 to obtain the 100% exemption on Stamp Duty and Registration fees. - A formal application is ordinarily to be filed with the designated state authority or the Department of Industries, Himachal Pradesh, which administers the policy. - Documents generally required are proof of enterprise registration, particulars of its operations in the IT, ITeS or ESDM sector, and papers specific to the transaction for which the exemption is claimed (for instance, property purchase deeds or lease agreements). - The application must state plainly that the 100% exemption is being sought under the policy provisions. - After submission, the application is examined by the concerned department, which verifies eligibility and adherence to the policy guidelines, and the exemption is granted thereafter.