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Description of Instruments
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Proper Stamp Duty
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Acknowledgement
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Twenty paise.
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Administration- Bond
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(a) where the amount does not ex-
ceed Rs. 1,000.
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Three-fourths of the
duty as a Bond for
such amount.
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(b) in any other case.
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Thirty rupees.
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Adoption Deed,
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Thirty-five rupees.
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Affidavit
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Ten rupees.
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Agreement or Memorandum of an
agreement --
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(a) if relating to the sale of a bill of
exchange.
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One rupee.
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(b) if relating to the sale of a Government security or share in
an incorporated company or other body corporate.
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Subject to a maximum of seventy-five rupees, fifty paise for every
Rs. 10,000 or part thereof, of the value of the security or share.
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Apprenticeship Deeds
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Fifteen rupees.
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Articles of Association of company
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Three hundred
rupees.
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Award
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(a) where the amount or value of the property to which the award
relates, as set forth in such award, does not exceed Rs. 1,000;
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The same duty as a Bottomry Bond for such amount.
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(b) if it exceeds Rs. 1,000 but does
not exceed Rs. 5,000
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Fifty rupees.
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and for every additional Rs.
1,,000 or part thereof in excess
of Rs. 5,000.
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Two rupees subject
to a maximum of
two hundred rupees.
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Agreement or Memorandum of an agreement --
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(a) if relating to the sale of a bill of
exchange.
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One rupee.
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(b) if relating to the sale of a Gov-
ernment security or share in an
incorporated company or other
body corporate.
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Subject to a maxi-
mum of seventy-five
rupees, fifty paise
for every Rs. 10,000
or part thereof, of
the value of the se-
Curity or share.
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Apprenticeship Deeds
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Fifteen rupees.
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Articles of Association of company
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Three hundred rupees.
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Award
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(b) if it exceeds Rs. 1,000 but doesnot exceed Rs. 5,000
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Fifty rupees.
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and for every additional Rs. 1,,000 or part thereof in excess of
Rs. 5,000.
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Two rupees subject to a maximum of two hundred rupees.
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Bond
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(a) where the amount or value secured does not exceed Rs. 1,000;
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Two rupees for every one hundred rupees or part thereof;
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(b) where it exceeds Rs. 1,000.
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The same duty as under Clause (a) for the first Rs. 1,000 and for
every Rs. 500 or part thereof in excess of Rs. 1,000 fifteen rupees.
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Bottomry Bond
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(a) where the amount of value secured does not exceed Rs. 1,000;
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Three rupees for every one hundred rupees or part thereof;
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(b) where it exceeds Rs. 1,000.
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The same duty as under Clause (a) for the first Rs. 1,000 And for
every Rs. 5,00 or part thereof in excess of Rs. 1,000 fifteen rupees.
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Cancellation,
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Thirty rupees.
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Charter party,
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Five rupees.
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A Chit Agreement
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One rupee.
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Composition
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Thirty-five rupees
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Conveyance
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(a) where the amount of value of the consideration for such conveyance
as set forth herein (or the market value of the property which is
the subject-matter of the onveyance whichever is higher] does not
exceed Rs. 50;
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Two rupees fifty paise.
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(b) where it exceeds Rs. 50, but does not exceed Rs. 1,000;
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Five rupees for every one hundred rupees or part thereof.
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(c) where It exceeds Rs. 1,000
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The same duty as under Clause (b) for the first Rs. 1000 and for
every Rs. 500 or part thereof in excess of Rs. 1,000 twenty-five
rupees.
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Copy or extract
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(i) if the original was not chargeable with duty, or if the duty
with which it was chargeable does not exceed two rupees fifty paise.
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Ten rupees.
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(ii) in any other case.
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Twenty rupees.
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Customs Bond—
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(a) where the amount does not exceed Rs. 1,000.
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The same duty as a Bottomry Bond for such amount.
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(b) in any other case.
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Thirty rupees.
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Delivery order in respect of goods
Divorce, Instrument of, Entry as an Advocate
on the roll of the Bar Council of Andhra Pradesh under the Advocates
Act, 1971.
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Twenty paise.
Five rupees.
Two hundred and
fifty rupees or if pre-
viously enrolled as
an Attorney in any
High Court one hun-
dred and twenty-
five rupees.
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Exchange of property—Instrumental
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The same duty as a
Conveyance for a consider-
ation or market val-
ue equal to the mar-
ket value of the
property of greater
value which is the
subject-matter of
the Exchange.
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Gift-- Instrument of
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The same duty as a Conveyance for a
consideration or market value equal to the market value of the
property, which is the subject-matter of the gift. The same duty
as a Security Bond for the same amount.
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Indemnity Bond
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Lease including an under-lease or sublease and any agreement to
let or sub-let.
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(a) where by such lease the rent is
fixed and no premium is paid or
delivered.
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The same duty as a
Bottomry Bond for
the whole amount
Payable or deliver-
able under such
lease.
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(i) where the lease purports to be for a term of less than one
year.
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The same duty as Bottomry Bond for the amount or value of the average
annual rent reserved.
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(ii) where the lease purports
to be for a term of not less
than one year, but not
more than five years;
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The same duty as a conveyance for a consideration or market value
equal to the amount or value of the average annual rent reserved.
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(iii) where the lease purports to be for a term exceeding five
years, but not exceeding ten years;
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The same duty as a conveyance for a consideration or market value
equal to twice the amount or value of the average annual rent reserved.
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(iv) where the lease purports to be for a term exceeding ten years,
but not exceeding twenty years;
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The same duty as a Conveyance for a consideration or market value
equal to three times the Amount or value of the average annual rent
reserved.
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(v) where the lease purports to be for a term exceeding twenty
years, but not exceeding thirty years;
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The same duty as a Conveyance for a consideration or market value
equal to four times the Amount or value of the average annual rent
reserved
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(vi) where the lease purports to be for a term exceeding thirty
years, but not exceeding one hundred years;
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The same duty as a Conveyance for a consideration or market value
equal to one-sixth of the whole amount of rents which would by paid
or delivered in respect of the first fifty years of the lease.
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(vii) where the lease purports to be for a term exceeding
one hundred years or in perpetuity;
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The same duty as a Conveyance for a consideration or market value
equal to three times the amount or value of the average annual rent
which would be paid or delivered for the first ten years if the
lease continued so long.
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(c) where the lease is granted for a line or premium or for money
advanced in addition to rent reserved;
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Consideration or market value equal to the amount or value of such
fine or premium or advance as set forth in the lease, in addition
to the duty which would have been payable on such lease, if no fine
or premium or advance had been paid or delivered:
Provided that, in any case when an agreement to lease is stamped
with the ad valorem stamp required for a lease and a lease
in pursuance of such agreement is subsequently executed, the duty
on such lease shall not exceed five rupees.
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(d) where the lessee is to make over the improvements if any to
the lessor, on termination of the lease falling under Clause (a),
(b) or (c).
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The same duty as Conveyance for value of the improvement contemplated
to be made by the lessees as set forth in the deed in addition to
the duty chargeable under Clause (a), (b) or (c)].
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Letter of Allotment of shares in any company or proposed
company, or in respect of any loan to be raised by any company or
proposed company.
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Thirty paise.
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Letter of Licence, that is to say any agreement between
a debtor and his creditors that the letter shall for a specified
time, suspend their claims and allow the debtor to carry on business
at his own discretion.
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Thirty-five rupees.
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Memorandum of Association of a Company
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(a) if accompanied by articles of association under the Companies
Act, 1956 (Central Act 1 of1956)
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Two hundred rupees.
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(b) if not so accompanied
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Five hundred rupees.
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Notarial act, that is to say, any instrument, endorsement,
note, attestation, certificate or entry not being a protest made
or signed by a Notary in the execution of the duties of his office
or by any other person lawfully acting as a Notary.
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Three rupees fifty paise.
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Note or Memorandum sent by a broker or agent to his principal
intimating the purchase or sale on account of such principal--
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One rupee.
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(a) of any goods exceeding in value twenty rupees;
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Subject to a maximum of fifty rupees
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(b) or any stock or marketable security exceeding in value twenty
rupees.
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fifty paise for every Rs. 10,000 or part
thereof the value of the stock or securi-
ty.
Two rupees.
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Note of Protest by the Master of a Ship
Partition-- Instrument of
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The same duty as a Bottomry Bond for the amount of the market value
of the separated share or shares of the property.
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Partnership
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A. Instrument of: --
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(a) Where the Capital of the Partnership does not exceed Rs. 5,000
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One hundred rupees.
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(b) in any other case.
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Three hundred rupees.
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B. Dissolution of:--
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Power of Attorney as defined by section 2 (21) not being a proxy--
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Twenty rupees.
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(a) when executed for the sole purpose of procuring the registration
of one of more documents in relation to a single transaction of
for admitting execution of one or more such documents;
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Twenty rupees.
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(b) when authorising one person or more to act in a single transaction
other than the case mentioned in Clause (a);
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Fifty rupees.
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(c) when authorising not more than five persons to jointly and
severally in more than one transaction or generally;
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Seventy five rupees.
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(d) when authorising more than five but not more than ten persons
to act jointly and severally in more than one transaction or generally;
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The same duty as a Conveyance for a Consideration or market
value equal to the amount of the consideration. Twenty-five rupees
for each person authorised.
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(e) when given for consideration and authorising the attorney to
sell any immovable property;
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Five rupees for every one hundred ru pees or part thereof on the
market value of the property.
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(a) if the consideration for which the property was mortgaged does
not exceed Rs. 1,000
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Fifty rupees.
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(b) in any other case.
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The same duty as & Bottomry Bond for the amount of the loan
secured.
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Respondentia Bond
Settlement --
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A, Instrument of (including a deed of dower) --
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(a) settlement in favour of a member or members of a family.
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The same duty as a Bottomry Bond for a sum equal to the amount
or market value of the property settled as set forth in such settlement:
Provided that, where an agreement to settle is stamped with the
stamp required for an instrument of settlement and an instrument
of settlement in pursuance of such agreement is subsequently executed,
the duty on such instrument shall be the
duty as mentioned in Article 6. Six rupees for every hundred rupees
or
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Share warrant, to bearer issued under the Companies Act.
1956 (Central Act 1 of 1956).
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One and a half times the duty payable on a Conveyance for a consideration
or market value equal to the nominal amount of the shares specified
on the warrant.
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Shipping Order for or relating to the conveyance of
goods on board on any vessel.
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Twenty paise.
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Surrender of lease
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(a) when the duty with which the lease is chargeable does not exceed
thirty rupees;
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The duty with which such lease is chargeable.
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(b) in any other case.
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Thirty rupees.
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Transfer (whether with or without consideration)
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(a)of debentures, being marketable securities whether the debenture
is liable to duty or not. except debentures provided for by section
8.
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One half of the duty payable on a conveyance for a consideration
or market value equal to the face amount for the debenture.
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(b) Of any interest secured by a bond, mortgage, deed or policy
of insurance
(i) if the duty on such bond, mortgage, deed or policy of insurance
does not exceed thirty rupees.
(ii) in any other case.
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The duty with which such bond, mortgage, deed or policy of
insurance is chargeable.
Thirty rupees.
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(c) of any properly under the Administrators General Act, 1963
(Central Act 45 of 1963);
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Thirty-five rupees.
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| (d) of any trust-property
from one trustee to another trustee or from a trustee to a beneficiary. |
Twenty rupees or such smaller
amount as may be chargeable under Clauses (a) and (b) of this Article.
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| Transfer of lease by way
of assignment and not by way of under-lease. |
The same duty as a Conveyance
for a consideration or market value equal to the amount of the consideration
for the transfer. |
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Trust
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A. Declaration of, or, concerning any property when made by in
writing, not being a will or declaration as provided in section
2 (24).
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The same duty as a Conveyance for sum equal to the amount or value
of the property concerned, as set forth in the instrument; but not
exceeding two hundred rupees.
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B. Revocation of, or, concerning, any property when made by any
instrument other than a will.
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The same duty as a Conveyance for a sum equal to the amount or
value of the property concerned, as set forth in the instrument,
but not exceeding one hundred rupees. One rupee fifty paise.
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