|
Description of Instrument
|
Proper Stamp-duty
|
|
35.
|
LEASE, including an under-lease or sublease and any agreement to
let or sub-let--
|
|
|
|
(a) where by such lease the rent is fixed and no premium is paid
or delivered--
|
|
| |
(i) where the lease purports to be for a term of less than one
year;
|
The same duty as a Bond (No. 15) for the whole amount payable or
deliverable under such lease
|
| |
(ii) where the lease purports to be for a term of not less than
one year, but not more than five years;
|
The same duty as a Bond (No. 15) for the amount or value of the
average annual rent received.
|
| |
(iii) where the lease purports to be for a term exceeding five
years and not exceeding ten years;
|
The same duty as a Conveyance (No. 23) as levied by this Act, for
a consideration equal to the amount or value of the average annual
rent received.
|
| |
(iv) where the lease purports to be for a term exceeding ten years
but not exceeding 20 years;
|
The same duty as a Conveyance (No. 23) as levied by this Act, for
a consideration equal to twice the amount or value of the average
annual rent received.
|
| |
(v) where the lease purports to be for a term exceeding 20 years,
but not exceeding 30 years;
|
The same duty as a Conveyance (No. 23) as levied by this Act, for
a consideration equal to three times the amount or value of the
average annual rent received.
|
| |
(vi) where the lease purports to be for a term exceeding 30 years
but not exceeding 100 years;
|
The same duty as a Conveyance (No. 23) as levied by this Act, for
a consideration equal to four times the amount or value of the average
annual rent received.
|
| |
(vii) where the lease purport to be for a term exceeding 100 years
or in perpetuity;
|
The same duty as Conveyance (No. 23)
|
| |
(viii) where the lease does not purport to be for any definite
term;
|
The same duty as Conveyance (No. 23) as levied by this Act, for
a consideration 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.
|
| |
(b) where lease is granted for a fine or premium or for money advanced
and where no rent is reserved.
|
The same duty as Conveyance (No. 23) as levied by this Act, for
a consideration equal to the amount or value of such fine or premium
or advance as set forth in the lease
|
|
|
(c) where the lease is granted for a fine or premium or for money
advanced, in addition to rent reserved
|
The same duty as a Conveyance (No. 23) as levied by this Act, for
a consideration equal to the amount or value or 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.
|
| |
Exemption
|
|
| |
Lease, executed in the case of cultivator and for the purposes
of cultivation (including a lease of trees for the production of
food or drink) without the payment or delivery of any fine or premium,
when a definite term is expressed and such term does not exceed
one year, or when the average annual rent reserved does not exceed
one hundred rupees
|
|
| |
In this exemption a lease for the purposes of cultivation shall
include a lease of lands for cultivation together with a homestead
or tank
|
|
| |
Explanation : When a lessee undertakes to pay any recurring charge,
such as government revenue, the landlord's shares of cesses, or
the owner's share of municipal rates or taxes, which is by law recoverable
from the lessor, the amount so agreed to be paid by the lessee,
shall be deemed to be part of the rent.
|
|
|
36
|
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
|
One rupee
|
| |
See also CERTIFICATE OR OTHERDOCUMENT (No. 19)
|
|
|
37.
|
LETTER OF CREDIT, that is to say any instrument by which one person
authorizes another to give credit to the person in whose favour
it is drawn
|
Two rupees
|
|
|
LETTER OF GUARANTEE--See Agreement (No. 5)
|
|
|
38.
|
LETTER OF LICENCE, this is to say any agreement between a debtor
and his creditors that the latter shall, for a specified time, suspend
their claims and allow the debtor to carry on business at his own
discretion
|
One hundred rupees
|
|
39.
|
MEMORANDUM OF ASSOCIATION OF A COMPANY--
|
|
| |
(a) if accompanied by articles of association under sections 26,
27 and 28 of the Companies Act, 1956
|
Two hundred rupees
|
| |
(b) if not so accompanied
|
Five hundred rupees
|
| |
Exemption
|
|
| |
Memorandum of any Association not formed for profit and registered
under section 25 of the Companies Act, 1956
|
|
|
40.
|
MORTGAGE-DEED, not being an agreement relating to Deposit of the
Title deeds, Pawn or Pledge (No. 6), Bottomry Bond (No. 16), Mortgage
of a Crop (No. 41), Respondentia Bond (No. 56), or Security Bond
(No. 57)--
|
|
| |
(a) when possession of the property or any part of the property
comprised in such deed is given by the mortgagor or agreed to be
given--
|
Same duty as conveyance deed No. 23
|
| |
(b) when possession is not given or agreed to be given as aforesaid
|
2% with a monetary ceiling of Rs. 2 lacs.
|
| |
Explanation : A mortgagor who gives to the mortgagee a power of
attorney to collect rents or a lease of the property mortgaged or
part thereof, is deemed to give possession within the meaning of
this article.
|
|
| |
(c) when a collateral or auxiliary or additional or substituted
security, or by way of further assurance for the above mentioned
purposes where the principal or primary security is duly stamped--
|
|
| |
For every sum secured not exceeding Rs. 1,000 or part thereof;
|
Two rupees
|
|
|
and for every Rs. 1,000 or part thereofsecured in excess of Rs.
1,000
|
Two rupees per thousand or part thereof
|
| |
Exemption
|
|
| |
(1) Instruments executed by persons taking advances under the Land
Improvement Loans Act, 1883, or the Agriculturists' Loans Act, 1884,
or by their sureties as security for the repayment of such advances.
|
|
| |
(2) Letter of hypothecation accompanying a bill of exchange
|
|
|
41.
|
MORTGAGE OF A CROP, including any instrument evidencing an agreement
to secure the repayment of a loan made upon any mortgage of a crop,
whether the crop is or is not in existence at the time of the mortgage:--
|
|
| |
(a) when the loan is repayable in not more than three months from
the date of the instrument--
|
|
| |
for every sum secured not exceeding Rs. 200;and for every Rs. 200
or part thereof secured in excess of Rs. 200;
|
One rupee for Rs. 200 and part thereof
|
| |
(b) when the loan is repayable in more than three months, but not
more than eighteen months, from date of the instrument--
|
|
| |
for every sum secured not exceeding Rs. 100
|
One rupee
|
| |
and for every Rs. 100 or part thereof secured in excess of Rs.
100
|
One rupee for rupees one hundred and part thereof
|
|
42.
|
NOTARIAL ACT, that is to say, any instrument, endorsement, note,
attestation certificate or entry not being a Protest (No. 50) made
or signed by Notary Public in the execution of the duties of his
office, or by any other persons lawfully acting as a Notary Public
|
Five rupees
|
|
|
See also Protest of Bill or Note (No. 50)
|
|
|
43.
|
NOTE OR MEMORANDUM, sent by a broker or agent to his principal
intimating the purchase or sale on account of such principal--
|
|
| |
(a) of any goods, exceeding twenty rupees in value;
|
One rupee
|
| |
(b) of any stock or marketable security exceeding twenty rupees
in value
|
One rupee for every Rs. 10,000 or part thereof, of the value of
security at the time of its purchase or sale, as the case may be.
|
|
44.
|
NOTES OF PROTEST BY THE MASTER OF A SHIP
|
Ten rupees
|
|
45.
|
PARTITION, Instrument of, as defined by section 2(15)
|
The same duty as a Bond (No. 15) for the amount of the value of
the separated share or shares of the property.NB:--The largest share
remaining after the property is partitioned or, if there are two
or more shares of equal value and not smaller than any of the other
shares then one of such equal shares shall be deemed to be that
from which the other shares are separated:
|
| |
|
PROVIDED always that--
|
| |
|
(a) when an instrument of partition containing an agreement to
divide property in severally is executed and a partition is effected
in pursuance of such agreement, the duty chargeable upon the instrument
effecting such partition shall be reduced by the amount of duty
paid in respect of the first instrument, but shall not be less than
ten rupees.
|
| |
|
(b) where the instrument relates to the partition of agriculture
land exclusively the market value for the purpose of duty shall
be calculated at fifty times the annual land revenue
|
|
|
|
(c) where a final order for affecting a partition passed by any
revenue authority or any civil court, or an award by an arbitrator
directing a partition, is stamped with the stamp required for an
instrument of partition, and such instrument of partition in pursuance
of such order or award is subsequently executed, the duty on such
instrument shall not exceed ten rupees.
|
|
46.
|
PARTNERSHIP--
|
|
| |
A--Instrument of--
|
|
| |
(a) where the capital of the partnership does not exceed Rs. 500;(b)
in any other case
|
One per cent with a ceiling of Rs. 5,000
|
| |
B--Dissolution of--
|
|
| |
PAWN OR PLEDGE--See agreement relating to Deposit of Title Deeds,
Pawn or Pledge (No. 6)
|
Two hundred rupees
|
|
47.
|
POLICY OF INSURANCE--
|
|
|
| |
A--SEA-INSURANCE (See section 7)--
|
If drawn singly
|
If drawn in duplicate for each part
|
| |
(1) for or upon any voyage--
|
|
|
| |
(i) where the premium or consideration does not exceed the rate
of one-eighth per centum of the amount insured by the policy
|
Ten paise
|
Five paise
|
| |
(ii) in any other case, in respect of every full sum of one thousand
five hundred
|
Ten paise
|
Five paise
|
| |
rupees and also any fractional part of one thousand five hundred
rupees insured by the policy
|
|
|
| |
(2) for time--
|
|
|
| |
(iii) in respect of every full sum of one thousand rupees and also
any fractional part of one thousand rupees insured by the policy--
|
|
|
| |
where the insurance shall be made for any time not exceeding six
months
|
Fifteen paise
|
Ten paise
|
|
|
where the insurance shall be made for any time exceeding six months
and not exceeding twelve months
|
Twenty five paise
|
Fifteen paise
|
| |
B. FIRE-INSURANCE AND OTHER CLASSES OF INSURANCE, NOT ELSEWHERE
INCLUDED IN THIS ARTICLE COVERING GOODS, MERCHANDISE PERSONAL EFFECTS,
CROPS, AND OTHER PROPERTY AGAINST LOSS OR DAMAGE--
|
|
|
|
|
(1) in respect of an original policy--
|
|
|
|
(i) when the sum insured does not exceed Rs. 5,000;
|
Fifty paise
|
|
|
mi) in any other case; and
|
One rupee
|
|
|
(2) in respect of each receipt for anypayment of a premium on any
renewal of an original policy
|
One-half of the duty payable in respect of the original policy
in addition to the amount, if any chargeable under No. 53
|
|
|
C--ACCIDENT AND SICKNESS INSURANCE--
|
|
|
|
(a) against Railway accident, valid for a single journey only
|
Ten paise
|
|
|
Exemption
|
|
|
|
When issued to a passenger travelling by the Intermediate or the
Third Class in any Railway
|
|
|
|
(b) in any other case--for the maximumamount which may become payable
in the case of any single accident or sickness where such amount
does not exceed Rs. 1,000, and also where such amount exceeds Rs.
1,000 for every Rs. 1,000 or part thereof.
|
Fifteen paise:
|
|
|
|
PROVIDED that, in case of a policy of insurance against death by
accident when the annual premium payable does not exceed Rs. 2.50
per Rs. 1,000, the duty on such instrument shall be Ten paise for
every Rs. 1,000 or part thereof of the maximum amount which may
become payable under it.
|
|
|
CC--INSURANCE BY WAY OF INDEMNITY against liability to pay damage
on account of accidents to workmen employed by or under the insurer
or against liability to pay compensation under the Workmen's Compensation
Act, 1923, for every Rs. 100 or part thereof payable as premium
|
Ten paise
|
|
|
D--LIFE INSURANCE OR GROUP INSURANCE OR OTHER INSURANCE NOT SPECIFICALLY
PROVIDED FOR, except such a RE-INSURANCE as is described in Division
E of this article--
|
If drawn singly
|
If drawn in duplicate for each part
|
| |
(i) for every sum insured for exceeding Rs. 250
|
Fifteen paise
|
Ten paise
|
| |
(ii) for every sum insured exceeding Rs. 250 but not exceeding
Rs. 500
|
Twenty five paise
|
Fifteen paise
|
| |
(iii) for every sum insured exceeding Rs. 500 but not exceeding
Rs. 1,000 and also for every Rs. 1,000 or part thereof in excess
of Rs. 1,000
|
Forty paise
|
Twenty paise
|
|
|
Exemption
|
|
| |
Policies of life-insurance granted by the Director General of Post
Offices in accordance with rules for Postal Life Insurance issued
under the authority of the Central Government
|
NB: If a policy of Group Insurance is renewed or otherwise modified
where by the sum insured exceeds the sum previously insured on which
stamp duty has been paid, the proper stamp must be borne on the
excess sum so insured.
|
| |
E--REINSURANCE BY AN INSURANCE COMPANY, which has granted a POLICY
of the nature specified in Division A or Division B or of this Article,
with another Company by way of indemnity of guarantee against the
payment on the original insurance of a certain part of the sum insured
thereby
|
One-quarter of the duty payable in respect of the original insurance
but not less than Ten paise or more than one rupee: PROVIDED that
if the total amount of duty payable is not a multiple of five paise,
the total amount shall be rounded off to the next higher multiple
of five paise.
|
| |
General Exemption
|
|
| |
Letter of cover or engagement to issue a policy of insurance:
|
|
| |
PROVIDED that, unless such letter or engagement bears the stamp
prescribed by this Act for such policy, nothing shall be claimable
thereunder, not shall it be available for any purpose, except to
compel the delivery of the policy therein mentioned.
|
|
|
|
POWER OF ATTORNEY (as defined by section 2(21) not being a proxy
(No. 52)
|
|
|
|
(a) when executed for the sole purpose of procuring the registration
of one or more documents in relation to a single transaction or
for admitting execution of one or more such documents;
|
Twenty rupees
|
| |
(b) when required in suits or proceedings under the Presidency
Small Cause Courts Act, 1882;
|
Twenty rupees
|
| |
(c) when authorising one person or more to act in a single transaction
other than the case mentioned in clause (a);
|
Fifty rupees
|
| |
(d) when authorising not more than five persons to act jointly
and severally in more than one transaction or generally;
|
Fifty rupees
|
| |
(e) when authorising more than five but not more than ten persons
to act jointly and severally in more than one transaction or generally;
|
Fifty rupees
|
| |
(f) when given for consideration and authorising the attorney to
sell any immovable property;
|
The same duty as a Conveyance (No. 23) as levied by this Act for
the amount of consideration.
|
| |
(g) in any other case.
|
Fifty rupees for each person authorised
|
| |
|
NB : The term "registration" includes every operation incidental
to registration under the Indian Registration Act, 1908
|
| |
Explanation : For the purpose of this article more persons than
one when belonging to the same firm shall be deemed to be one
|
|
| |
person.
|
|
|
49.
|
PROMISSORY NOTE (as defined by section 2(22)--
|
|
| |
(a) when payable on demand--
|
|
| |
(i) when the amount or value does not exceed Rs. 250
|
Ten paise
|
| |
(ii) when the amount or value exceeds Rs. 250 but does not exceed
Rs. 1,000;
|
Fifteen paise
|
| |
(iii) in any other case
|
Twentyfive paise
|
| |
(b) when payable otherwise than on demand
|
The same duty as a Bill of Exchange (No. 13) for the same amount
payable otherwise than on demand
|
|
50.
|
PROTEST OF BILL OR NOTE, that is to say, any declaration in writing
made by a Notary Public, or other person lawfully acting as such,
attesting the dishonour of a Bill of Exchange or promissory note
|
Ten rupees
|
|
51.
|
PROTEST BY THE MASTER OF A SHIP, that is to say, any declaration
of the particulars of her voyage drawn up by him with a view to
the adjustment of losses or the calculation of averages, and every
declaration in writing made by him against the charterers or the
consignees for not loading or unloading the ship, when such declaration
is attested or certified by a Notary Public or other person lawfully
acting as such.--(See also NOTE OF PROTEST BY THE MASTER OF A SHIP
(No. 44)
|
Ten rupees
|
|
52.
|
PROXY empowering any person to vote at any one election of the
members of a district or local board or of a body of municipal commissioners,
or at any one meeting of (a) members of an incorporated company
or other body corporate whose stock, or funds is or are divided
into shares and transferable, (b) a local authority, or (c) proprietors,
members or contributors to the funds of any institution.
|
Thirty paise
|
|
53.
|
RECEIPT (as defined by section 2(23} for any money or to other
property the amount or value of which exceeds five hundred rupees
|
One rupee
|
|
|
Exemptions
|
|
| |
Receipt--
|
|
| |
(a) endorsed on or contained in any instrument duly stamped, or
any instrument exempted under the proviso to section 3 (instruments
executed on behalf of the government) or any cheque or bill of exchange
payable on demand acknowledging the receipt of the consideration
money therein expressed, or the receipt of any principal money,
interest or annuity or other periodical payment thereby secured;
|
|
| |
(b) for any payment of money without consideration;
|
|
| |
(c) for any payment of rent by a cultivator on account of land
assessed to government revenue, or (in the States of Madras, Bombay
and Andhra as they existed immediately before the 1st November,
1956) of Inam lands;
|
|
| |
(d) for pay or allowance by noncommissioned or petty officers soldiers,
sailors or airmen of the Indian military, naval or air forces when
serving in such capacity, or by mounted police constables;
|
|
| |
(e) given by holders of family certificates in cases where the
persons from whose pay or allowances the sum comprised in the receipt
has been assigned is a noncommissioned or petty officer, soldier,
sailor or airman of any of the said forces, and serving in such
capacity;
|
|
| |
(f) for pensions or allowances by persons receiving such pensions
or allowances in respect of their service as such noncommissioned
or petty officers, soldiers, sailors or airmen, and not serving
the government in any other capacity;
|
|
| |
(g) given by a headman or lambradar for land revenue or taxes collected
by him;
|
|
| |
(h) given for money or securities for money deposited in the hands
of any bankers, to be accounted for:
|
|
|
|
PROVIDED that the same is not expressed to be received of, or by
the hands of, any other than the person to whom the same is to be
accounted for:
|
|
| |
PROVIDED ALSO that this exemption shall not extend to a receipt
or acknowledgement for any sum paid or deposited for or upon a letter
of allotment of a share, or in respect of a call upon any scrip
or share of, or in, any incorporated company or other body corporate
or such proposed or intended company or body or in respect of a
debenture being a marketable security--(See also POLICYOF INSURANCE
(No. 47B (2))
|
|
|
54.
|
RECONVEYANCE OF MORTGAGED PROPERTY--
|
|
| |
(a) If the consideration for which the property was mortgaged does
not exceed Rs. 1,000;
|
The same duty as a Conveyance (No. 23) as levied by this Act for
the amount of such consideration as set forth in the reconveyance.
|
| |
(b) in any other case--
|
|
| |
(i) if the reconveyance relates to immovable property situate within
a municipality, cantonment board, or notified area;
|
One hundred rupees
|
| |
(ii) in other cases
|
One hundred rupees
|
|
55.
|
RELEASE, that is to say, any instrument (not being such a release
as is provided for by section 23(a) whereby a person renounces a
claim upon another person or against any specified property--
|
|
| |
(a) if the amount or value of the claim does not exceed Rs. 1,000
|
The same duty as Bond (No. 15) for such amount or value as set
forth in the Release.
|
| |
(b) in any other case
|
One hundred rupees
|
|
56
|
RESPONDENTIA BOND, that is to say, any instrument securing a loan
on the cargo laden or to be laden on board a ship and making repayment
contingent on the arrival of the cargo at the port of destination
|
The same duty as Bottomry Bond (No. 16) for the amount of the loan
secured
|
|
|
REVOCATION OF ANY TRUST OR SETTLEMENT--See Settlement (No. 58)
Trust (No. 64)
|
|
|
57.
|
SECURITY BOND OR MORTGAGE DEED, executed by way of security for
the due execution of an office, or to account for money or other
property received by virtue thereof, or executed by a surety to
secure the due performance of a contract
|
|
| |
(a) when the amount secured does not exceed Rs. 1,000
|
The same duty as a Bond (No. 15) for the amount secured
|
| |
(b) in other case
|
One hundred rupees
|
| |
Exemptions
|
|
| |
Bond or other instrument, when executed--
|
|
| |
(a) by any person for the purpose of guaranteeing that the local
income derived from private subscription to a charitable dispensary
or hospital or any other object of public utility, shall not be
less than a specified sum per mensem;
|
|
| |
(b) by person taking advances, under the Land Improvement Loans
Act, 1883, or the Agriculturists Loans Act, 1884, or by their sureties
as security for the repayment of such advances;
|
|
| |
(c) by officers of government or their sureties to secure the due
execution of an office, or the due accounting for money or other
property received by virtue thereof.
|
|
|
58.
|
SETTLEMENT--
|
|
| |
A.--Instrument of--(including a deed of dower)
|
The same duty as a Bond (No. 15) for a sum equal to the amount
or value of the property settled as set forth in such settlement
|
| |
Exemption
|
|
| |
Deed of dower executed on the occasion of a marriage between Muhammadans
|
|
|
|
B.--Revocation of--
|
The same duty as Bond (No. 15) for a sum equal to the amount or
value of the property concerned as set forth in the instrument of
revocation, but not exceeding One hundred rupees.
|
| |
See also Trust (No. 64)
|
|
|
59.
|
SHARE WARRANTS TO, bearer issued under the Companies Act, 1956
|
One-and-a-half times the duty payable on a mortgage deed with possession
(No. 40(a), for the amount equal to the nominal amount of the shares
specified in thewarrant.
|
| |
Exemption
|
|
| |
Share warrant when issued by a company in pursuance of the Companies
Act, 1956, section 114, to have effect only upon payment, as composition
for the duty, to the Collector of Stamp Revenue of--
|
|
| |
(a) one-and-a-half per centum of the whole subscribed capital of
the company; or
|
|
| |
(b) if any company which has paid the said duty or composition
in full subsequently issues an addition to its subscribed capital,
one and a half per cent of the additional capital so issued.
|
|
|
60.
|
SHIPPING ORDER for or relating to the conveyance of goods on board
of any vessel
|
One rupee
|
|
61.
|
SURRENDER OF LEASE
|
|
| |
(a) when the duty with which the lease is chargeable does not exceed
ten rupees
|
The duty with which such lease ischargeable
|
| |
(b) in any other case
|
One hundred rupees
|
| |
Exemption
|
|
|
62.
|
Surrender of lease, when such lease isexempted from dutyTRANSFER
(whether with or without consideration)--
|
|
| |
(a) of shares in an incorporated company or other body corporate
|
Seventyfive paise for every hundred rupees or part thereof of the
value of the share.
|
|
|
(b) of debentures, being marketable securities whether the debenture
is liable to duty or not except debentures provided for by section
8
|
One-half of the duty payable on a Conveyance (No. 23) for a consideration
equal to the face amount of the debentures
|
| |
(c) of any interest secured by a bond, mortgage deed or policy
of insurance,--
|
One-half of the duty with which such bond mortgage deed or policy
of insurance is chargeable subject to a maximum of fifty rupees
|
| |
(i) if the duty on such bond mortgage-deed or policy does not exceed
five rupees;
|
The duty with which such bond, mortgage-deed or policy of insurance
is chargeable
|
| |
(ii) in any other case
|
Five rupees
|
| |
(d) of any property under the Administrator Generals Act, 1913,
section 25;
|
Ten rupees
|
| |
(e) of any trust-property without consideration from one trustee
to another trustee, or from a trustee to a beneficiary
|
Five rupees or such smaller amount as may be chargeable under clauses
(a) to (c) of this article.
|
| |
Exemptions
|
|
| |
Transfers by endorsement--
|
|
| |
(a) of a bill of exchange, cheque or promissory note;
|
|
| |
(b) of a bill of lading, delivery order, warrant for goods, or
other mercantile document of title of goods;
|
|
| |
(c) of a policy of insurance;
|
|
| |
(d) of securities of the Central Government--(see also section
8)
|
|
|
63.
|
TRANSFER OF LEASE by way of assignment and not by way of under
lease
|
The same duty as Conveyance (No. 23) as levied by this Act, for
a consideration equal to the amount of the consideration for the
transfer.
|
| |
Exemption
|
|
| |
Transfer of any lease exempt from duty
|
|
|
64.
|
TRUST--
|
|
| |
A.--Declaration of--of, or concerning any property when made by
any writing not being a Will
|
The same duty as Conveyance No. 23 of amount of value of the property
settled
|
|
|
B.--Revocation of--of, or concerning, any property when made by
any instrument other than a Will--see also Settlement (No. 58)
|
The same duty as a Bond (No. 15) 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.
|
| |
VALUATION--See Appraisement (No. 8)
|
|
| |
VAKIL--Entry as a Vakil (No, 30}
|
|
|
65.
|
WARRANT FOR GOODS, that is to say, any instrument evidencing the
title of any person therein named, or his assigns, or the holder
thereof, to the property in any goods lying in or upon any dock,
warehouse wharf, such instrument being signed or certified by or
on behalf of the person in whose custody such goods may be.
|
One rupee
|
2. (i) Rate of Stamp duty reduced from 8% to 5% in respect of
conveyance on sale and in respect of conveyance on Agreement to sell.
Duty on other instruments of conveyance shall continue to remain at
8% vide No. F. 2(3)/Fin.(E-1)/2003-04(i)/125, dt. 19-5-2003, w.e.f.
19-5-2003.
(ii) Said rate is further reduced to 3% in respect
of conveyance on sale in cases of the purchase of immovable property
by women vide Noti. No. F.2(3)/Fin.(E1)/2003-04(ii)/135, dt. 20-5-2003,
w.e.f. 20-5-2003
