RIPS 2024 M-Sand Stamp Duty Relief
Department of Industries and Commerce, Government of Rajasthan · Central government
Rajasthan funds M-Sand units by exempting 75% of stamp duty upfront and reimbursing the remaining 25%, so they pay none in practice.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
Under the Rajasthan Investment Promotion Scheme 2024, an M-Sand (manufactured-sand) unit does not have to pay 75% of the stamp duty on its eligible instruments. The remaining 25% is paid first and reimbursed later.
The two portions of this concession differ in their effect on cash flow. The 75% is never debited from the unit's account. The 25% must be paid at the time of registration and is returned once a claim is made. For a unit that is acquiring land, or executing lease and loan documents during the setup phase, this eliminates what is typically among the larger one-time statutory costs.
The concession is claimed under RIPS 2024 via Rajasthan's single-window investment portal, together with the other M-Sand benefits offered by the scheme.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Rajasthan
- Unit must be an M-Sand (manufactured sand) unit located in Rajasthan - Relief applies to stamp duty on the unit's eligible instruments - 75% of the stamp duty is exempted at the point of payment; the remaining 25% is reimbursed on claim - Claim must be made under the Rajasthan Investment Promotion Scheme 2024
How to apply
1. Submit the application for the Rajasthan Investment Promotion Scheme 2024 through the state single-window portal at rajnivesh.rajasthan.gov.in. 2. Secure the entitlement certificate prior to executing the instruments, so that the 75% exemption is granted at the time of registration. 3. Complete registration of the instruments and remit the remaining 25% stamp duty. 4. Lodge a reimbursement claim, attaching the registered instrument and the duty receipts, to reclaim the 25%.
Frequently asked questions
Do I pay any stamp duty?
You pay 25% of the fee when you register, and the remaining 75% is waived. The 25% you have already paid is subsequently reimbursed.
Why is it split into an exemption and a reimbursement?
75% of the fee is waived upfront at the time of payment, while the remaining 25% must be paid first and is then reimbursed through a claim filed under the scheme.
Is there a rupee cap?
This component's policy text specifies percentages only and does not set a rupee ceiling.
Who can claim it?
M-Sand units in Rajasthan can claim benefits under RIPS 2024.
Sectors
- Manufacturing Industrial
- Rajasthan
- Msand
- Stamp Duty
- Manufacturing
- Rips2024
Details last verified on 18 September 2026. Source: the issuer's published information.