Archive · 24 Jun 2025
Toll Firm Faces Charges of Stamp Duty Evasion in Uttar Pradesh
Imagine a company that got permission to collect tolls on a highway for a long time.
They made an agreement, but they didn't pay the correct tax, like a hidden fee, on it.
This is against the law.
The company used a very cheap piece of paper for the agreement.
Because of a recent court decision, they needed to pay a big tax, but they didn't.
Now, officials are looking into their actions.
Many other similar contracts in the area are also being checked to see if everyone paid their taxes.
Delhi toll firm faces accusations of evading Rs 63 crore in stamp duty.
The firm secured a 15-year lease to collect tolls on a NH-19 stretch for Rs 100.
A 2024 Supreme Court ruling clarified that toll concession contracts require stamp duty.
The Bhadohi District Collector initiated proceedings under the Uttar Pradesh Stamp Act.
Over 30 toll agreements are under scrutiny in Uttar Pradesh following the court ruling.
- Who
- A Delhi-based toll firm.
- What
- A Delhi-based toll firm is accused of evading Rs 63 crore in stamp duty payments related to a toll collection agreement.
- When
- The lease agreement was signed on March 18, 2023, and proceedings were initiated on June 20.
- Where
- Uttar Pradesh, specifically on the NH-19 stretch between Prayagraj and Varanasi and Bhadohi district.
- Why
- The firm is accused of not paying the required stamp duty on a toll collection lease, as clarified by a Supreme Court ruling.
Government's Perspective
Toll Firm's Perspective
Compliance with Regulations
Government's Perspective
The government seeks to ensure proper stamp duty payments on toll agreements, as mandated by law.
Toll Firm's Perspective
N/A
- Accused Firm
- Delhi-based toll firm
- Lease Value
- Rs 100
- Toll Transaction Value
- Rs 3,144 crore
- Alleged Stamp Duty Evasion
- Rs 63 crore
- Lease Duration
- 15 years
- Relevant Highway
- NH-19
- Supreme Court Ruling Date
- July 2024
- Legal Act
- Uttar Pradesh Stamp Act