On December 7, 2023, Government of Maharashtra had introduced the Maharashtra Stamp Duty Amnesty Scheme – 2023 which, read with the explanatory note and guidelines dated December 11, 2023, and the corrigendum dated December 13, 2023 (the ‘Scheme’), provides for a reduction or remission of the stamp duty or penalty chargeable under the Maharashtra Stamp Act, 1958 on the instruments specified in the annexure (including conveyance or agreement to sale, lease or sale certificate etc.) appended to December 7, 2023, Order. Such Scheme was initially implemented in two phases viz. first phase from December 1, 2023, till January 31, 2024, and the second phase from February 1, 2024, till March 31, 2024, where the rate to regularize the stamp duty for second phase was slightly higher than the first phase. Subsequently, by way of Order dated February 2, 2024, the first phase was extended till February 29, 2024. Now by way of another Order dated March 15, 2024, the second phase, which was applicable for the period from March 01, 2024, till March 31, 2024, has been extended till June 30, 2024. Our previous write-up on ‘Note on Stamp Duty Scheme – 2023’ can be accessed here.