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. The Scheme is applicable to the instruments which are executed on any amount of stamp paper for the period between January 1, 1980, and December 31, 2020, irrespective of whether they were presented for registration or not subject to the conditions mentioned therein. However, an instrument which is executed on a plain paper without any stamp duty will not be eligible for the benefits under this Scheme. The Scheme will be implemented in phases with Phase 1 being from December 1, 2023, till January 31, 2024, and Phase 2 commencing from February 1, 2024, till March 31, 2024.