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 LHDN valuation higher than bank valuation, can nego to reduce stamp duty ?

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CK15
post Feb 2 2017, 03:31 PM

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QUOTE(bg12 @ Feb 2 2017, 12:32 PM)
For the property i am buying now,

Qualified valuer appointed by bank valued my property at 615k

Then for MOT stamp duty fee, LHDN values at 700k

Is LHDN valuation FINAL decision,  or is there any channel to dispute by showing the independent valuation report ?
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Check with your lawyer any succesful appeal cases b4. If yes, you may try to appeal by providing SPA and valuation report through your lawyer.
CK15
post Feb 2 2017, 04:22 PM

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QUOTE(icemanfx @ Feb 2 2017, 04:12 PM)
Lhdn depends on valuation department input, the number tend to lag behind the market.
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You mean higher or lower than SPA value?
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