INDIAN STAMP ACT, 1899-8

Tue Jun 20 1899 | Procedural and Administration | Comments (0)

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Year : 1899

Orissa

Amendment of Schedule I-A.-- In Schedule I-A of the Principal Act,—

(i) in article 12, under column (1) for clause (a), the following clause shall be substituted, namely:—

“(a) where the amount or the market value of the property to which the award relates, as set forth in such award does not exceed Rs. 1,000.00”;

(ii) In article 23 under column (1) for the words, letters and figures “where the amount or value of the consideration for such conveyance as set forth therein does not exceed Rs. 50.00”, the words, letters and figures “where the amount or the value of the consideration for such conveyance as set forth therein or the market value of the properly does not exceed Rs. 50.00,” shall be substituted;

(iii) for the existing entry appearing in column (2) against article 31 the following entry shall be substituted, namely:—

“The same duty as CONVEYANCE (No. 23) for a consideration as set forth in such instrument or the market value of the property, whichever is higher.”;

(iv) for the existing entry appearing in column (2) against article 33, the following entry shall be substituted, namely:—

“The same duty as a CONVEYANCE (No.23) for a consideration as set forth in such instrument or the market value of the property, whichever is higher.”;

(v) in the existing entry appearing under column (2) against article 45, for the words “ amount of the value” the words “ amount of the market value” shall be substituted;

(vi)


for article 58, the following shall be substituted in their respective columns, namely:—

 

“58 (A) SETTLEMENT-(A) INSTRUMENT OF The same duty as a (including a deed of power).

(B) REVOCATION OF …

BOTTOMRY BOND (No. 16) for the sum equal to the amount or the market value of the property settled whichever is higher 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 not exceed three rupees.

The same duty as a BOTTOMRY BOND (No. 16) for a sum equal to the amount or the market value of the properly concerned, as set forth in the instrument of Revocation, but not exceeding forty-two

rupees.”;

(vii)


in article 64, in the existing entries under column (2) appearing against article 64 for the words “ value of the property concerned wherever they occur the words “the market value of the properly concerned” shall be substituted.

[Vide Orissa Act 7 of 1987, s. 10]

Tripura

Amendment of the Schedule.—For items No. 3, 4, 5(e), 6(2)(a), 6(2)(b), 15, 17, 23, 24, 25, 29,

40(c), 46A(b), B, 48(a) (c) (d) (e) (g), 54(b), 55(b) and 57(b) of Schedules —1 of the Act, the following shall be substituted namely:—

Description of instrument

Proper Stamp Duty

3. ADOPTION—DEED, that is to say any instrument (other than a will), recording an adoption or conferring or purporting to confer

an authority to adopt.

Fifty Rupees.

4. AFFIDAVIT, including an affirmation or declaration in the case of persons by law allowed to affirm or declare instead of

swearing.

Five Rupees.

EXEMPTIONS

 

(a) Affidavit or declaration in writing when made as a condition of enlistment under the

Army Act 1950, Act, XLVI of 1950.

 

(b) for the immediate purpose of being filed or

used in any Court or before the officer of any Court ; or

 

(c) for the sole purpose of enabling any person to receive any pension or charitable allowance.

 

 

5. AGREEMENT OR MEMORANDUM OF AN AGREEMENT: —

 

(e) if not otherwise provided for

Ten Rupees

6. AGREEMENT RELATING TO DEPOSIT OR TITLE DEEDS PAWN OR PLEDGE that

is to say any instrument evidencing an agreement relating to:—

 

(2) the pawn or pledge or movable property, where such deposit, pawn or pledge has been made by way of security for the repayment of money advanced or to be advanced by way of

loan or an existing or future debt.

 

(a) if such loan or debt is repayable on

demand or more than three months from date of the instrument evidencing the agreement—

 

If the amount of loan does not exceed Rs. 500/-;

Five Rupees

If it exceeds Rs. 500/- and does not exceed Rs. 1000/-;

Ten Rupees

And for every Rs. 1000/- or part thereof in excess of Rs. 1000/-.

Ten Rupees.

(b) If such loan or debt is repayable not more

than three months from the date of such instrument.

Half the duty payable under Sub-clause (a) subject to minimum of five Rupess.

15. BOND (as defined by section 2(5), not being a debenture (No. 27), and not being otherwise provided for by this Act, or by the Court fees Act, 1870. (Act VII of 1870). Where the amount or value secured does not

exceed Rs. 400/-;

Five Rupees

Where it exceeds Rs. 400/- and does not exceed Rs. 600/-;

Ten Rupees.

Where it exceeds Rs. 600/- and does not

exceed Rs. 800/-;

Fifteen Rupees.

Where it exceeds Rs. 800/- and does not exceed Rs. 1000/-;

Twenty Rupees.

and for every Rs. 500/- or part thereof in

excess of Rs. 1000/-;

Fifteen Rupees.

See Administration Bond (No. 2); Bottomry Bond (No. 16), Customs Bond (No. 26), Indemnity Bond (No. 34), Respondentia Bond

(No. 56), Security Bond (No. 57).

 

EXEMPTIONS

 

Bond, when executed by

 

(a) Headmen nominated under rules framed in accordance with the Bengal Irrigation Act, 1876, (Act III of 1876), section 99,

for due performance of their duties under that Act.

 

(b) any person for the purpose of quaranting that the local income derived from private subscriptions to a Charitable dispensary,

or hospital or any other object of public

utility shall not be less than a specified sum per mensem.

 

 

7. Cancellation—Instrument of (Including any instrument by which any instrument previously executed is cancelled), if attested

and not otherwise provided for.

Thirty Rupees.

See also Release (No. 55), Revocation of

Settlement (No. 58—B), Surrender of lease (No. 61), Revocation of Trust (No.64—B).

 

23. Conveyance (as defined by Section 2 (l0), not being a Transfer charged or exempted

under No, 62—

 

Where the amount or value of the consideration for such conveyance

as set forth therein does not exceed Rs. 200/- ;

Ten Rupees.

Where it exceeds Rs. 200/- but does not exceed Rs. 300/-;

Fifteen Rupees.

Where it exceeds Rs. 300/- but does not exceed Rs. 400/-;

Twenty Rupees.

Where it exceeds Rs. 400/- but does not exceed Rs. 500/-;

Twenty five Rupees.

Where it exceeds Rs. 500/- but does not Exceed Rs. 600/-;

Thirty Rupees.

Where it exceeds Rs. 700/- but does not

exceed Rs. 800/-;

Forty Rupees.

Where it exceeds Rs. 800/- but does not exceed Rs. 900/-;

Forty five Rupees.

Where it exceeds Rs. 900/- but does not

exceed Rs. 1000/-;

Fifty Rupees.

and for every Rs. 500/- or part thereof in excess of Rs. 1000/-

Twenty five Rupees.

EXEMPTION

 

Assignment of Copy Right Act, 1957, Act XIV of 1957.

 

CO-PARTNERSHIP DEED—See partnership (No. 46)

 

24. COPY OR EXTRACT

 

Certified to be a true copy or extract by or by order of any public officer and not chargeable under the law for the time being in force

relating to Court-fees—

 

(i) if the original was not chargeable with duty, or if the duty with which it was

chargeable does not exceed one rupees;

Five Rupees.

(ii) in any other case not falling within the provisions of Section 6 A;

Ten Rupees.

EXEMPTIONS

 

(a) Copy of any paper which a public officer is expressly required by law to make or furnish for record in any public office or for

any public purpose.

 

(b) Copy of, or extract from, any register relating to births, baptisms, naming dedications, marriages, divorces, deaths or

burials.

 

25. COUNTERPART OR DUPLICATE

of any instrument, chargeable with duty and in

 

 

respect of which the proper duty has been paid.

 

(a) if the duty with which the original instrument is chargeable does not exceed Five Rupees;

Five Rupees.

(b) in any other case not falling within the provisions of Section 6A.

Ten Rupees.

EXEMPTION

 

Counterpart of any lease granted to a

cultivator when such lease is exempted from duty.

 

29. DIVORCE—Instrument of, that is to say, any instrument by which any person effects the dissolution of his marriage.

Twenty Rupees.

DOWER—Instrument of—See settlement (No. 58)

DUPLICATE—See Counterpart (No. 25).

 

40. MORTGAGE—DEED, not being an Agreement relating to Deposit of 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),

 

(C) When a Collateral or auxiliary or additional or substituted security or by way of further assurance for the above mentioned purpose where the principal or primary

security is duly stamped for every primary

Five Rupees.

and for every Rs. 1000/- or part thereof secured in excess of Rs. 1000/-;

Five Rupees.

46. PARTNERSHIP—

 

A)—Instrument of

 

(b)—in any other case

One hundred Rupees.

B)—Dissolution of

Fifty Rupees;

48. POWER OF ATTORNEY—

 

[as defined by section 2(21)—not being a proxy.

 

(a) When executed for the sale 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;

Five Rupees.

(c) When authorising one person or more to act in a single transaction other than the case

mentioned in Clause (a);

Fifteen Rupees.

(d) When authorising one person not or more to act in a single 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;

One hundred Rupees.

(g) in any other’ case

Fifteen Rupees for each person authorized.

 

54. RECONVEYANCE OF MORTGAGED PROPERTY—

 

(b) in any other case

Fifty Rupees.

55. RELEASE,—that is to say, any instrument (not being such a release as is provided for by Section 23—A), where by a person renounces a claim upon another person or against any

specified property—

 

(b) in any other case.

Thirty Rupees.

57. Security Bond or mortgaged—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 the contract—

 

(b) in any other case.

Thirty Rupees,

[Vide Tripura Act 1 of 1992, s. 3]

Amendment of the Schedule .—For item No. 23 of Schedule— I of the principal Act as inserted by the Union Territories Taxation Laws (Amendment) Act, 1971 (73 of 1971), the following shall be substituted, namely:—

23. CONVEYANCE (as defined by section 2(10), not being a Transfer charged or exempted under No. 62—

where the amount or value of the. consideration for such conveyance as set forth therein does not exceed Rs.50 ;

Two rupees.

where it exceeds Rs. 50 but does not exceed Rs. 100;

Four rupees.

where it exceeds Rs, 100 but does not exceed Rs. 200;

Eight rupees.

where it exceeds Rs. 200 but does not exceed Rs. 300;

Twelve rupees.

where it exceeds Rs. 300 but does not exceed Rs. 400;

Sixteen rupees.

where it exceeds Rs. 400 but does not exceed Rs. 500;

Twenty rupees.

where it exceeds Rs. 500 but does not exceed Rs. 600;

Twenty four rupees.

where it exceeds Rs. 600 but does not exceed Rs. 700;

Twenty eight rupees.

where it exceeds Rs. 700 but does not exceed Rs. 800;

Thirty two rupees.

where it exceeds Rs. 800 but does not exceed Rs. 900;

Thirty six rupees.

where it exceeds Rs. 900 but does not exceed Rs. 1,000;

Forty rupees.

and for every Rs. 500 or part thereof in excess of Rs. 1,000;

Twenty rupees.

EXEMPTION

 

Assignment of copyright under the Copy Right Act, 1957 (Act XIV of 1957).

 

CO-PARTNERSHIP DEED— See

Partnership (No. 46)."

 

[Vide Tripura Act No. 14 of 1979, s. 3]

 

Manipur

 

Amendment of Schedule I - in Schedule 1 of the Indian Stamp Act, 1899 (No. 2 of 1899), for the instruments described in Article 23, the following shall be substituted, namely:--

23. CONCEYANCE [as defined by section 2(10)], not being a Transfer charged or exempted under No. 62-

Three rupees for every Rs. 100 or part thereof of the consideration for such conveyance or, as the case may be, the market value of the property which is the subject matter or such conveyance

whichever is greater.”.

[Vide Manipur Act 6 of 2011, s. 2]

For the Schedule I appended to the Principal Act, the following Schedule shall be substituted, namely:--

SCHEDULE I

STAMP DUTY ON CERTAN INSTRUMENTS

(See section 3 and first Proviso)

Description of instrument

Proper stamp-duty.

1

2

1. ***

 

2. ADMINISTRATION BOND including a bond given under section 6 of the Government Savings Banks Act, 1873 (Act v of 1873) or section 291 or section 375 or section 316 of the Indian Seccession Act, 1925 (Act XXXIX of 1925)

(a) Where the amount does not exceed Rs. 1, 000-

(b) in any other case.

The same duty as a bond (No. 15) for such amount Eighteen rupees.

3. ADOPTION DEED, that is to say any instrument (other than a will), recording an

adoption, or conferring or purporting to confer an authority to adopt.

Thirty six rupees.

4. AFFIDAVIT, including an affirmation or

declaration in the case of persons by law allowed to affirm or declare instead of swearing.

Three rupees sixty paise.

EXEMPTION

 

5. Affidavit or declaration in writing when made.

 

(a) As a condition or enlistment under the Indian Army Act, 1950 (Act XLVI of 1950)

 

(b) for the immediate purpose of being filed or used in any court or before the officer of any court; or

 

(c) for the sole purpose of enabling any person to receive any pension or charitable allowance.

 

5. ***

 

 

6. AGREEMENT RELATING TO DEPOSIT OR TITLE DEEDS PAWN OR PLEDGE, that is to say, any instrument evidencing an agreement relating to –

(1) the deposit of title deeds or instruments constituting or being evidence of the title to any property whatever (other than a marketable security), or

(2) the pawn or pledge movable property, where such deposit pawn or pledge has been made by way of security for the repayment of money, advanced or to be advanced by way of loan or an existing or future debt—

(a) if such loan or debt is repayable on demand or more than three months from the date of the date of the instrument evidencing the agreement—

if the amount of loan does not exceed Rs. 5000/-

if it exceeds Rs. 5000/- and does not exceed Rs. 1,000/-

(b) if such loan or debt is repayable not more than three months from the date of such instrument.

Three rupees. Six rupees.

Six rupees.

Half the duty payable under sub-clause (a).

EXEMPTION

 

Inspection of pawn or pleadge of goods if unattested.

 

7. APPOINTMENT IN EXECUTION A POWER, whether or trustee or of property movable or immovable, where made by way writing not being a will—

(a) where the value of the property does not exceed Rs. 1, 000/-

(b) in any other case.

Thirty rupees. Fifty-four rupees.

8. APPRAISEMENT OR VALUATION mode otherwise than under an order of the court in the course of a suit—

(a) where the amount does not exceed Rs. 1, 000.

(b) in any other case.

The same duty as a bond (No. 15) for such amount. Eighteen rupees.

EXEMPTIONS

(a) Appraisement or valuation made for the information of one party, only and not being in any manner obligatory between parties either by

agreement or operation of law.

 

(b) Appraisement of crops for the purpose of ascertaining or operation of law.

 

9. APPRENTICESHIP-DEED, including every writing relating to the service or tuition of any

apprentice, clerk or servant placed with any master to taken any profession, trade or employment.

 

 

EXEPTION

 

Instrument of apprenticeship executed by a Magistrate under the Apprentices Act, 1961 (Act

LII of 1961) or by which a person is apprenticed by, or at the charge of any public charity.

 

10. * * *

 

11. ASSIGNMENT—See Conveyance (No. 23) Transfer (No. 62) and Transfer of Lease (No. 63), as the case may be.

 

ATTORNEY—See Power of Attorney (No. 48).

 

AUTHORITY TO ADOPT—See Adoption Deed (No. 3).

 

12. AWARD, that is to say, any decision in writing by an arbitrator or umpire not being an award directing a partition, on a reference made otherwise

than by an order of the court in the course of a suit.

The same duty as a bound (No. 15) for the amount or value of the property to which the award relates a set forth in such award subject to a maximum of

ninety rupees.

13. BILL OF EXCHANGE (as defined by S. 2(2) not being a bond, Bank Note or currency notes:--

3(b) where payable otherwise than on demand:--

(i) where payable not more than three months after date or sight—

if the amount of the bill or note does not exceed Rs. 500/--

if it exceeds Rs. 500/- but does not exceed Rs. but does not exceed Rs. 1, 000/-

and for every additional Rs. 1, 000/-or part thereof in excess of Rs. 1, 000/-

(ii) where the payable more than three months but not more than six months after date or sight—

If the amount of bill or note does not exceeds Rs. 500/-

If it exceeds Rs. 500/- but does exceed Rs. 1, 000/-

And for every additional Rs. 1,000/- or part thereof in excess of Rs. 1, 000/-

(iii) Where payable more than six months but not more than nine months after date sight—

IF the amount of the bill or note does not exceed Rs. 500/-

If it exceeds Rs. 500/- but does not exceed Rs. 1, 000/

And for every additional Rs. 1, 000/- or part thereof in excess of Rs. 1, 000/-

(iv) Where payable more than nine months but not more than one year after date sight—

If the amount of the bill or note does not exceed Rs.

One rupees and fifty paise. Three rupees.

Three rupees. Three rupees. Six rupees.

Six rupees.

Four rupees fifty paise. Nine rupees.

Nine rupees. Six rupees. Twelve rupees. Twelve rupees.

Twelve rupees. Twentyfour rupees. Twentyfour rupees.

 

500/-

If it exceeds Rs. 500/- but does not exceed Rs. 1, 000/-

And for every additional Rs. 1,000/-Or part thereof in excess of Rs. 1,000/-

(c) Where payable at more than one year after date or sight—

If the amount of the bill or note does not exceed Rs. 500/-

If it exceeds Rs. 500/- but does not exceed Rs. 1, 000/-

And for every additional Rs. 1,000/- or part thereof in excess of Rs. 1,000/-

 

14. BILL OF LADING (including a through bill of landing)

(a) Bill of lading when the goods therein describing are received at a place within the limits of any port as defined under the Indian Ports Act, 1908 (15 of 1908) and are to be delivered at another place within the limits of the same port.

(b) Bill of lading when executed out of India and relating to property to be delivered in India.

N.B. –If a bill a lading is drawn in part. The proper stamp therefor must be borne by each one of the set.

15. BOND (as defined by section 2(5) not being a DEBENTURE (No. 27) and not being otherwise provided for by this Act, or by the Court fees act, 1870 (VII of 1870).

Where the amount or value secure does not exceed Rs. 1,00.

Where it exceeds Rs. 10/- and does not exceed Rs. 50/-

Where it exceeds Rs. 50/- and does not exceed Rs. 100/-

Where it exceeds Rs. 100/- and does not exceed Rs. 200/-

Where it exceeds Rs. 200/- and does not exceed Rs. 300/-

Where it exceeds Rs. 300/- and does not exceed Rs. 400/-

Where it exceeds Rs. 400/- and does not exceed Rs. 500/-

Where it exceeds Rs. 500/- and does not exceed Rs. 600/-

Where it exceeds Rs. 600/- and does not exceed Rs. 700/-

Where it exceeds Rs. 700/- and does not exceed Rs. 800/-

Thirty rupees. Sixty rupees.

One rupee twenty paise. Three rupees.

Four rupees fifty paise. Six rupees.

Eight rupees ten paise. Ten rupees eighty paise. Twelve rupees sixty paise.

Forteen rupees sixty paise. Sixteen rupees twenty paise. Eighteen rupees.

Nine rupees.

 

Where it exceeds Rs. 800/- and does not exceed Rs. 900/-

Where it exceeds Rs. 800/- and does not exceed Rs. 1,000/-

and for every Rs. 500/- does not and/ or part thereof in excess of Rs. 1, 000/-

Bottonmry Bond (No. 16) Custom Bond (No. 26) Indemnity Bond (No. 56) Security Bond (No. 57).

 

EXEMPTIONS

 

Bond, when executed—

(a) heasment nominated under rules framed in accordance with the Bengal Irrigation Act, 1876, section 99, for the due performance of their duties under that Act ;

(b) any person for the purpose of guatanteeing that the local income derived from private subscriptions to a charitable dispensary or hospital

or any other object or public utility shall to be less than a specified sum per mensem.

 

16. ***

***

17. CANCELLATION—Instrument of (including any instrument by which any instrument previously executed is cancelled), if attested and not otherwise provided of.

Eighteen rupees.

18. CERTIFICATION OF SALE (in respect of each property put as a separate lot and sold), granted to the purchaser of any property sold by public auction by a Civil or Revenue Court, or Collector or other Revenue Officer—

(a) where the purchase-money does not exceed Rs. 10/-

(b) where the purchase-money exceeds Rs. 10/- but does not exceed Rs. 25/-

(c) in any other case./

Sixty paise. Ninety paise.

The same duty as a conveyance (No. 23) for a consideration equal to the amount of the purchase money only.

19. ***

***

20. ***

***

21. ***

***

22. COMPOSITION DEEDS—that is to say, any instrument executed by a debenture, whereby the conveys his property for the benefit of his creditors, or whereby payment of a composition or dividend on their debts is secured to the creditors, or whereby provision is made for the continuance of the debtors business, under the supervision of inspectors or under letters of licence for the benefit

of his creditors.

 

 

23. CONVEYANCE (as defined by section 2(10) not being a Transfer charged or exempted under No. 62

Where the amount or value of the consideration for such conveyance as set forth therein does not exceed Rs. 50/-

Where it exceeds Rs. 50/- but does not exceed Rs. 100/-

Where it exceeds Rs. 100/- but does not exceed Rs. 200/-

Where it exceeds Rs. 200/- but does not exceed Rs. 300/-

Where it exceeds Rs. 400/- but does not exceed Rs. 500/-

Where it exceeds Rs. 500/- but does not exceed Rs. 600/-

Where it exceeds Rs. 600/- but does not exceed Rs. 700/-

Where it exceeds Rs. 700/- but does not exceed Rs. 800/-

Where it exceeds Rs. 800/- but does not exceed Rs. 900/-

And for every Rs. 500 or part thereof in excess of Rs. 1, 000.

One rupee and thirty eight paise. Two rupees seventy paise.

Five rupees forty paise. Eight rupees and ten paise. Ten rupees and eighty paise.

Thirteen rupees and fifty paise. Sixteen rupees and twenty paise. Eighteen rupees and ninety paise. Twenty one rupees and sixty paise. Twentyfour rupees and thirty paise. Twentyseven rupees.

Thirteen rupees and fifty paise.

EXEMPTION

 

Assignment of copy right under the copy Right Act, 1957 (Act XVI of 1957)

 

CO-PARTNERSHIP DEED—See partnership No. 46

 

24. COPY OF EXTRACT, certified to be a true copy or extract y or order of any public Officer and not chargeable under the law for the time being in force relating to court fees:

(i) if the original was not chargeable with duty, or if the duty with which it was chargeable does not exceed one rupees.

(ii) in any other case not falling within the provisions of section 6A.

One rupees eighty paise. Three rupees and sixty paise.

EXEMPTIONS

(a) Copy of any paper which a public officer is expressly required by law to make or furnish for record in any public officer or for any public

purpose.

 

(b) Copy of, or extract from any register relating to

births, baptism, namings, dedicatings, marriages, divorces, deaths, or burials.

 

 

25. COUNTERPART OR DUPLICATE OF ANY INSTRUMENT CHARGEABLE WITH duty and in respect of which the proper duty has been paid—

(a) if the duty with which the original instruments is chargeable does not exceed two rupees.

(b) in any other case not falling within the provisions of section 6A.

The same duty as is payable on the original. Three rupees an sixty paise.

EXEMPTIONS

Counterpart of any lease granted to a cultivator, when such lease is exempted from duty.

 

26. CUSTOME BOND--

 

(a) where the amount does not exceed Rs. 1, 000/-

The same duty as a Bond (No. 15) for such amount

(b) in any other case.

Twenty-four rupees.

27. DEBENTURE whether a mortage debenture or note, being a make table security transferable—

(a) by the endorsement or by a separate instrument of transfer.

Where the amount or by a separate not exceed Rs. 10

Where tit exceeds Rs. 10 and does not exceed Rs. 50.

Ditto 50 ditto 100

Ditto 100 ditto 200

Ditto 200 ditto 300

Ditto 300 ditto 400

Ditto 400 ditto 500

Ditto 500 ditto 600

Ditto 600 ditto 700

Ditto 700 ditto 800

Ditto 800 ditto 900

Ditto 900 ditto 1,000

And for every 500 or part thereof in excess of Rs. 1, 000.

Twenty five paise. Fifty paise.

Ninety paise. Ninety paise.

One rupee eighty paise. Two rupees seventy paise. Three rupees sixty paise. Four rupees fifty paise.

Six rupees thirty paise. Seven rupees twenty pasie. Eight rupees ten paise.

Nine rupees.

Four rupees fifty paise.

(b) by delivery

 

Where the amount or value of the consideration for

such debenture as set forth therein does not exceed Rs. 50.

Ninety paise.

Where it exceeds Rs. 50 but does not exceed Rs. 100

Ditto100 ditto 200.

Ditto 200 ditto 300

One rupees eighty paise. Three rupees sixty paise. Five rupees forty paise.

Seven rupees twenty paise.

 

Ditto 300 ditto 400

Ditto 400 ditto 500

Ditto 500 ditto 600

Ditto 600 ditto 700

Ditto 700 ditto 800

Ditto 800 ditto 900

Ditto 900 ditto1000

And for every Rs. 500 or part thereof in excess of Rs. 1000/-

Explanation—The term ‘Debenture’ includes any interest coupons attached thereto but the amount of such coupons shall not be included in estimating

the duty.

Nine rupees.

Ten rupees eighty paise. Twelve rupees sixty paise. Fourteen rupees forty paise Sixteen rupees twenty paise. Eighteen rupees.

Nine rupees.

EXEMPTIONS

A debenture issued by an incorporated company or other body corporate in terms of a registered mortgaged-deed, terms of a registered mortgaged-deed, duly stamped in respect of the full amount of debenture to be issued thereunder whereby the company or body borrowing makes over, in whole or in part, their property to trustees for the benefit of the debenture holders;

Provided that the debenture so issued are expressed to be issued in terms of the said mortgage-deed.

 

DECLARATION OR ANY TRUST—

See Trust (No. 64).

 

DUBLICATE—See Counterpart (No. 25).

 

28. DELIVERY ORDER IN RESPECT OF GOODS, that is say, any instrument entitling any person therein named, or his assigns or the holder thereof, to the delivery of any goods, lying in any docks or ports or in any warehouse in which goods are stored or deposited on rent of hire, or upon wharf, such instrument being signed by or on behalf of the owner of such goods upon the state or transfer of such goods upon the sal or transfer the property therein, when such goods exceed in value twenty rupees.

DEPOSIT OF TITLE-DEEDS— See agreement

relating to Deposit of Title-deeds, pown or pledge (No. 6)

Twenty five paise.

29. DIVORCE-Instrument of, that is to say, any instrument by which any person effects the dissolution of his marriage.

DOWER—Instrument of, See Settlement (No. 58) DUBLICATE-See counterpart (No. 25).

 

 

30. ***

***

31. EXCHANCE OF PROPERTY—Instrument of.

The same duty [as a conveyance (No. 23) for

consideration equal of the value of the property of . greater value as set forth in such instrument.

EXTRACT—See copy (No. 24).

 

32. FURTHER CHARGE-Instrument of, that is to

say, any instrument imposing a further charge on mortgage property.

 

(a) when the original mortgage is one of the description referred to in clause (a) of Article No. 40 (that is with possession).

The same duty [as a conveyance (No. 23) for consideration equal of the value of the property of . greater value as set forth in such instrument.

(b) when such mortgage is one of the description referred to in clause (b) of Article No. 40 (that is

without possession).

 

(i) if at the time of execution of the instrument of further charge possession of the property is given or agreed to be given under such instrument;

The same duty as a conveyance (No. 23) for a consideration equal to the total amount of the charge including the original mortgaged and further

charge already made the duty.

(ii) if possession if not so given.

The same duty as a Bond (No. 15) for the amount of the further charge secured by such instrument.

33. GIFT—Instrument of not being a settlement (No. 58) or will or Transfer (No. 62)

The same duty as a conveyance (No. 23) for a consideration equal to the value of the property as

set forth in such instrument.

HIRIING AGREEMENT OF AGREEMENT for

service, see Agreement (No. 5) INDEMNITY BOND.

The same duty as a security Bond (No. 57) for the same amount.

INSPECTORSHIP DEED—See composition Deed (No. 32).

 

35. LEASE, Including as under lease or sub-lease and duty agreement to let sub-let(a) whereby 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 reserved.

(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) for a consideration equal to the amount or value of the

average annual rent reserved.

(iv) where the lease purports to be for a term

exceeding ten years but not exceeding twenty years.

The same duty as a conveyance (No. 23) for a

consideration equal twice the amount or value of the average annual rent reserved.

(v) where the lease purports to be for a term exceeding twenty years but not exceeding thirty

years.

The same duty as a conveyance (No. 23) for a consideration equal to three times the amount or

value of the average annual rent reserved.

(vi) where the lease purports to be for a term

The same duty as a conveyance (No. 23) for a

 

exceeding thirty years but not exceeding one hundred years.

consideration equal to four times the amount or value of the average annual rent reserved.

(vii) where the lease purports to be for a term exceeding one hundred years or in perpetuity;

The same duty as a conveyance (No. 23) for a consideration equal in the case of lease granted solely for agricultural purpose to one tenth and in any other case to one 6th of the whole amount of rents which would be paid or delivered in respect

of the Ist fifty years of the lease.

(viii) where the lease does not purports to be for any definite term;

The same duty as a conveyance (No. 23) 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 tenth years if the lease continued so long.

(b) where the lease is granted for a fine or premium

or for money advance and where no rent is reserved.

The same duty as a conveyance (No. 23) 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) for a consideration 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-velorem stamp required for a lease and lease in pursuance of such

agreement is subsequently executed the duty on such lease shall not exceed one rupee forty paise.

EXEMPTIONS

 

Lease, executed in the case of a 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 terms 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 land for cultivation together with a homestead or tank.

 

Explanation.—When a lease undertakes to pay any recurring charge such as Government revenue, the landlord’s share of lease, 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 lease shall be deemed to be part of the rent.

 

36. ***

 

37. LETTER OF CREDIT, that is to say any

instrument by which one person authorizes another to give credit to person in whose favour it is drawn.

Twenty paise.

 

LETTER OF GUARANTEE (See agreement No. 5)

 

38. 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.

Twenty four rupees.

39. * *

 

40. MORTGAGE-DEED, not being an agreement relating to Deposit to Title-deeds, pawn or Pledge (No. 6) Bottormry Bond (No. 16) mortgage,

Mortgage of a crop (No. 4) Rasdentia 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 mortgaged or agreed to be given.

The same duty on a convenyance (No. 23) for a consideration equal to the amount secured by such deed.

(b) when possession is not given or agreed as aforesaid:

The same duty as a Bond (No. 15) the amount secured by such deed.

Explanation.—A mortgager who gives to the mortgage a power of attonery 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 purpose where the principal or primary security is duly stamped for

every sum secured not exceeding Rs. 1, 000/-

One rupee eighty paise.

And for every Rs. 1, 000 or part thereof secured in excess of Rs. 1, 000/-

 

EXEMPTIONS

 

(1) Instruments excuted by persons taking advance under the land improvement Loans Act, 1883 (Act XIX of 1883) or the Agriculrurists Loans Act, 1884 (Act XII) of 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 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 not more than three months from the date of the instrument for every sum secured not exceeding Rs. 200/-

For every Rs. 200/- or part thereof secured in excess of ;

Thirty paise.

Thirty paise.

 

(b) when the loan is repayable more than three

months, but not more than eighteen months from the date instrument.

Fortyeight paise.

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 a Notary Public in the execution of the duties of his office or by any other person lawfully acting as a Notary Public.

See also protest of bill or Note (No. 50).

Three rupees and sixty paise.

43. *** ***

***

44. *** ***

***

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 for shares of the property.

N.B. The largest share remaining after the property is partitioned for 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 pain in respect of the first instrument but shall not be less than two rupees.

 

(b) Where land is held on revenue settlement for a period not exceeding thirty years and paying the full assessment, the value for the purpose of duty shall be calculated at not more than five times the

annual revenue.

 

(c) Where a final order for effecting a partition passed by any Revenue authority or any Civil Court, or an award by an arbitrator directing a partition is stamped with the stamped required for an instrument of partition in pursuance of such order or award is subsequently executed, the duly

such instrument shall not exceed two rupees.

 

46. PARTNERSHIP

 

A. (a) where the capital or the partnership does not exceed Rs. 1, 000/-

The same duty as a Bond (No. 15)

(b) in any other case.

Fortyeight rupees.

B. DISSOLUTION of PAWN OR PLEADE—See Agreement relating to Deposit of title-deeds, Pawn

or Pledge (No. 6)

Twentyfour fees.

 

47. POLICY OF INSURANE—

A-SEA INSURANCE (See Section 7)

if down singly.

If drawn in duplicate for each part.

(i) for or upon any vovage

 

(ii) where the premium or consideration does not exceed the rate of one eight per centum of the amount insured by policy.

12 paise. Six Paise.

(iii) in any other case, in respect of every full sum of one thousand five hundred 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 time not exceeding six months.

Eighteen paise. Twelve paise.

Where the insurance shall be made for any time not exceeding six months, and not exceeding twelve months.

Thirty paise. Eighteen paise.

B. (FIRE INSURANE AND OTHER CLASSES OF INSURANCE, NOT ELSEWHERE INCLUDING IN THE 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/-

Sixty Paise.

(ii) in any other case.

One rupee twenty paise.

(2) In respect of each receipt for any payment of a premium on any renewal of an original policy.

One half of the duty payable in respect of the original policy in additional to the amount if any,

chargeable, under No. 53.

ACCIDENT AND SICKNESS INSURANCE—

 

(a) against railway accident, valid for a single journey only.

Twelve paise.

EXEMPTION

 

When issued to a passenger, travelling by the intermediate under the third class in any railway;

 

(b) in any other case for the maximum amount 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.

Eighteen paise. Provided that, in case of policy of insurance against death by accident when the annual premium payable does not exceed Rs. 2.50 per Rs. 1000/- the duty on such instrument shall be twelve paise for every Rs. 1000/- or part thereof of the maximum amount which may become payable

under it.

 

3. (CC-INSURANCE BY WAY OF INDEMNITY against ability to pay damages on account of

accident’s to workmen employed by or under the insurer or against liability to pay compensation under, the workmen’s Compensation Act, 1923 (8

of 1923) for every Rs. 100/- or part thereof payable as premium).

 

1. (D-LIFE INSURANCE OR GROUP INSURANE OR OTHER INSURANE NOT SPECIFICALLY PROVIDED FOR except such a REINSTRANCE as is described in Division of this

article—

 

(i) for every sum insured not exceeding Rs. 250/-

Eighteen paise. Twelve paise.

(ii) for every sum insured exceeding Rs. 250/- but not exceeding Rs. 500/-

Thirty paise. Eighteen paise.

(iii) for every sum insured exceeding Rs. 500/ but

not exceeding 1, 000/ part there of in exceed of Rs. 1, 000/-

Forty-eight paise. Twenty four paise.

 

N.B. if a policy of group insurance is renewed or otherwise modified where by the sum insured on

which stamp. Duty has been paid, the proper stamp must be borne on the excess so incurred.

EXEMPTION

 

Policies of life insurance granted by the Director General of Post Offices in accordance with rules

for postal life insurance issued under authority of the Central Government.

 

E-RE-INSURANCE BY AN INSURANCE

COMPANY, which has granted a policy of the nature specified in Division A or Division B of this Article with another company by way of indemnity or 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 twelve paise or more than one rupee twenty-five paise. Provided that, if the total amount of duty payable is not a multiple of five paise, the total amount shall be rounded up 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, nor shall it be available for any purpose, except to compel the delivery of the policy therein

mentioned.

 

48. POWER OR ATTORNEY

(as defined by section) 2(21) not being a proxy—

 

(a) when executed for the sole purpose of procuring the registration of one or more documents in

relating to a single transactions or for admitting executing of one or more such documents.

One rupee eight paise.

**** ****

 

 

(c) when authorizing one person or more to act in

single transactions other than the case mentioned in clause (a)

Three rupees sixty paise.

(d) when authorizing not more than five persons to act jointly and severally in more than one

transaction or generally;

 

(e) when authorizing more than five persons but more than ten persons to act jointly and ten persons to act jointly and severally in more than one

transaction or generally;

Twenty four rupees.

(f) when given for consideration and authorizing the attorney to sell and immovable property;

The same duty as a conveyance (No. 23) for the amount of the consideration.

(g) in any other case.

(Three sixty paise) three rupees sixty paise for each person authorised.

Explanation .—for the purpose of this Articles more persons than one whom belonging to the firm shall be deemed to be one person

N.B. The term “Registration” included every operation incidental to registration under the Indian Registration Act, 1908 (Act XVI) of 1908.

49. PROMISSORY NOTE (as defined by section 2(2).

(a) when payable on demand—

(i) when the amount or value does not exceed Rs. 250/--;

(ii) when the amount or value exceed Rs. 250/- but does not exceed Rs. 1, 000/-

(iii) in any other case.

Twelve paise. Eighteen paise. Thirty 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. *** ****

****

51. *** ***

****

52. *** ***

***

53. *** ***

***

54. RECONVEYANCE OF MORTGAGED PROPERTY (a) if the consideration for which the

property was mortgaged does not exceed Rs. 1000/.

The same duty as a conveyance (No. 23) for the amount of such consideration as set forth in the

reconveyance.

(b) in any other case.

Thirty six rupees.

55. RELEASE, that, is to say, any instrument not being such a release as is provided for bye 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. 1000/-

The same duty as a Bond (No. 15) for such amount or value as set forth in release.

(b) in any other case.

Eighteen rupees.

56. *** ***

***

 

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. 1000/-

The same duty as a Bond (No. 15) for the amount secured

(b) in any other case.

Eighteen rupees.

EXEMPTIONS

 

Bond or other instruments, when executed—

 

(a) by headmen nominated under rules framed in accordance with the Bengal Irrigation Act, 1876

(Bengal Act III of 1876) section 99, for the due performance of their duties under that Act;

 

(b) by any person for the purpose of guaranteeing that the local income derived from private subscriptions to a charitable dispensary or any

other hospital, or any other object of public utility, shall not be less than a specified sum per mensup.

 

(c) executed 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 conveyance (No. 23) for a sum equal to the amount or value of the property settled as set forth in such settlement : Provides that, where as agreement stamp required for an instrument of settlement, and instrument of settlement in pursuance of such agreement is

subsequently executed, the duty on such instrument shall not exceed one rupee eighty paise.

EXEMPTIONS

 

(a) Deed of dower executed on the occasion of a marriage between Muhammadans.

 

(b) Hudass, that is so say, any settlement of immovable property executed by a Budhist in

Burma for a religious purpose in which no value a duty of Rs. 10/- has been paid.

 

B. Revocation of—

The same duty as a conveyance (No. 23) for a sum equal to the amount or value of the property

concerned, as set forth in the instrument of Revocation, but not exceeding thirty rupees.

See also Trust (No. 64)

 

 

59. ***

***

60. **

**

61. SURRENDER OF LEASE—

 

(a) when the duty with which the lease is

chargeable, does not exceed seven rupees and fifty paise.

The duty with which such lease is chargeable.

(b) in any other case.

Eighteen rupees.

EXEMPTIONS

 

Surrender of lease, when such lease is exempted from duty.

 

62. ***

**

63. TRANSFER OF LEASE BY WAY OF assignment, and not by way of under lease.

The same duty as conveyance (NO. 23) for a

consideration equal to the amount of the consideration for the transfer.

EXEMPTIONS

 

Transfer of any lese 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 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 six rupees.

B—REVOCATION—of, or concerning any property when made by any instrument other than a WILL.

The same duty as Bond (No. 15) for sum equal to the amount or value of the property concerned, as set forth in the instrument, but not exceeding twenty four rupees.

See also Settlement (No. 58)

 

VALUATION—See appraisement (No. 18)

 

65. WARRAN 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 or wharf, such instrument being signed or certified by or on behalf of the person in

whose custody such goods may be.

One rupee and twenty paise.

[Vide Manipur Act 4 of 1989, s. 3]

Meghalaya

Amendment of Schedule I of Act 2 of 1899 .—In Schedule I to the Indian Stamp Act, 1890, for items, Numbers 1-10, 12, 15-20, 22-26, 28, 29, 31-36, 38-46, 48, 50, 51, 54-31 and 63-65 the following shall be substituted, namely:--

Description of instrument

Proper stamp- duty

“1. ACKNOWLEDGEMENT of a debt

exceeding twenty rupees in amount or

Thirty paise.

 

value, written or signed by or on behalf of, a debtor in order to supply evidence of such debt in any book (other than a banker’s pass-book) or on a separate piece of paper when such book or paper is left in the creditor’s possession; Provided that such acknowledgement does not contain any promise to pay the debt or any stipulation to pay interest or to deliver any goods or other property.

 

2. ADMINISTRATION-BOND including a bond, given under section 6 of the Government Savings Banks; act, 1873, or section 291 of section 376 of the Indian Succession Act, 1925-

Act V of 1873.

Act XXXIX of 1925.

(a) where the amount does not exceed Rs.1,000;

(b) In any other case

The same duty as a bond

(No.15) for such amount Twenty rupees

3. ADOPTION DEED, that is to say, any instrument (other than a will) recording an adoption, or conferring or purporting to counter an authority to adopt.

Thirty-nine rupees sixty paise.

4. AFFIDAVIT, including an affirmation or declaration in the case of persons by law allowed affirm or declare instead of swearing.

Four rupees.

Exemptions

Affidavit or declaration in writing when made-

(a) as a condition of enlistment under the Indian Army Act, 1950;

(b) for the immediate purpose of being filed or being used in any Court or before the officer of any Court; or

(c) for the role purpose of enabling any person to receive any pension or charitable allowance.

Act XLVI

of 1950

5. AGREEMENT OR MEMORANDUM OF AN AGREEMENT-

(a) if relating to the sale of a bill or exchange;

Sixty paise

 

(b) if relating to the sale of a Government security.

Subject to a maximum of fifty-three rupees twenty five paise for every Rs.10, 000 or part thereof of the value of the security.

(c) if relating to the purchase of sale of share, script, stocks bonds, debentures, debenture stocks or any other marketable security of a like nature in or of any incorporated company or other body corporate-

 

i. when such agreement or memorandum of an agreement is with or through a member or between members of a Stock Exchange recognised under the Securities, Contracts (Regulation) Act, 1956.

Twenty-five paise for every Rs.2, 500 or part thereof of the value of the security at the time of its purchase or sale, as the case may be.

ii. in other cases:

 

(d) if executed for service or for performance of work in any estate whether held by one person, or by more persons than one as co-owner, and whether in one or more blocks, and situated in Meghalaya where the advance given under such agreement does not exceed fifty rupees.

(e) If not, otherwise provided for Three Rupees.

 

Exemptions

AGREEMENT FOR MEMORANDUM OF AGREEMENT-

(a) for or relating to the sale of goods or merchandise exclusively, not being a note or memorandum chargeable under No. 43.

(b) Made in the form of tenders to the Government of India for or relating to any loan.

AGREEMENT TO LEASE-lease (No.35).

 

6. AGREEMENT RELATED TO DEPOSIT OF TITLE-DEEDS, PAWN OR PLEDGE, that is to say, any instrument evidencing an agreement relating to-

1. the deposit of title-deeds or instruments constituting or being evidence of the title to any properly whatever (other than a marketable

security), or

 

 

Description of instrument

Proper stamp- duty

2. the pawn or pledge of moveable property, where such deposit, pawn or pledge has been made by way of security for the repayment of money advanced or to be advanced by way of loan of an existing or future debt-

 

(a) if such loan or debt is repayable on demand or more than three months from the date of the instrument evidencing the agreement-

if amount of loan does not exceed Rs.500;

if it exceeds Rs.500 and does not exceed Rs.1,000;

and for every Rs.1,000 or part thereof in excess of Rs.1,000;

Three rupees thirty paise. Six rupees sixty paise.

Six rupees sixty paise.

(b) If such loan or debt is repayable not more than three months from the date of such instruments.

Half the duty payable under sub­clause (a).

Exemptions

 

Instrument of pawn or pledge of goods if unattested.

 

7. APPOINTMENT UB EXECUTION OF A POWER- whether of trustees or of property, movable or immovable, where made by any writing not being a will-

 

(a) where the value of the property does not exceed Rs.1,000;

Thirty-three rupees.

(b) in any other case.

Fifty-nine rupees forty paise

 

Description of instrument

Proper stamp- duty

8. APPRAISMENT OR VALUATION made otherwise than under an order of the Court in the course of a suit-

 

(a) where the amount does not exceed Rs.1,000.

The same duty as Board (No.15) for such amount.

(b) In any other case

Nineteen rupees eighty paise.

Exemptions

Appraisement or valuation made for the information of one party only, and not being in any matter obligatory between parties either by agreement or operation of law.

 

(b) Appraisement of crops for the purpose of ascertaining the amount to be given to a landlord as rent.

 

9. APPRENTICESHIP-DEED, including every writing relating to the service or tuition of any apprentice clerk or servant placed with any master to learn any profession, trade or employment.

Nineteen rupees eighty paise.

Exemptions

Instrument of apprenticeship executed by a Magistrate under the Apprentices Act, 1961, or by, which a person is apprenticed by or at the charge of, any public charity.

Act LII 1961

10. ARTICLES OF ASSOCIATION OF A COMPANY-

 

a) where the company has no share capital or the nominal share capital does not exceed Rs.2, 500.

Fifty-seven rupees seventy-five paise.

b) where the nominal share capital exceeds Rs. 2,500 but not exceed Rs.5,000,

Sixty-six rupees.

 

Description of instrument

Proper stamp- duty

c) where the nominal share capital exceeds Rs.5,000 but does not exceed Rs.1,00,000;

Ninety-nine rupees.

d) Where the nominal share capital exceeds Rs.1,00,000;

One hundred ninety-eight rupees.

Exemptions

 

Articles of any Association not formed for profits and registered under Section 25 of the Companies act, 1956, See also Memorandum of Association of a Company (No.39).

Act I of 1956

ASSIGNMENT-See Conveyance (No.23), Transfer (No.62), and Transfer of lease (No.63), as the case may be.

 

ATTORNEY-See Power-of-Attorney (No.48).

 

AUTHORITY TO ADOPT- See

Adoption-deed (No.3)

 

12. AWARD, that is to say, any decision in writing by an arbitrator or umpire, not being an award directing a partition, on a reference made otherwise than by an order or the Court in the course of a suit.

The same duty as a Board (No.15) for the amount or value of the property to which the award relates as set forth in such award subject to a maximum if Ninety-nine rupees.

15. BOND [as defined by section2 (5)], not being a DEBENTURE (No.27), and not being otherwise provided for by this Act, or by the Court-fees Act, 1870-

Act VII of 1870.

where the amount or value secured does not exceed Rs.10;

Forty paise.

where it exceeds Rs.10 does not and exceed Rs.50;

Sixty-five paise.

 

where it exceeds Rs.50 and does not exceed Rs.100 ;

One rupees thirty-five paise.

where it exceeds Rs.100 does not exceed Rs.200.

and

Three rupees, thirty paise.

where it exceeds Rs.200 and does not exceed Rs.300.

and

Five rupees.

where it exceeds Rs.300 does not exceeds Rs.400.

and

Six rupees sixty paise.

where it exceeds Rs.400 does not exceed Rs.500.

and

Eight rupees ninety-five paise.

where it exceeds Rs.500 does not exceed Rs.600.

and

Eleven rupees ninety paise.

where it exceeds Rs. 600 does not exceed Rs. 700

and

Thirteen rupees eighty-five paise.

where it exceeds Rs.700 does not exceed Rs. 800.

and

Fifteen rupees eighty-five paise.

where it exceeds Rs.800 does not exceed Rs.900.

and

Seventeen rupees seventy paise.

where it exceeds Rs.900 does not exceed Rs.1,000;

and

Nineteen rupees eighty paise.

and for every Rs.500 or thereof in excess of Rs.1, 000.

part

Ten rupees ninety paise.

See Administration Bond (No.2), Bottomry Bond (No.16) Customs Bond (No.26), Indemnity Bond (No.34), Respondentia Bond (No.56), Security Board (No.57).

     

Exemptions

Bond, when executed by-

   

Bengal Act III of 1876

(a) Headmen nominated under rules framed in accordance with the Bengal Irrigation Act,1876

     

(b) Any person for the purpose of guaranteeing that the local income derived from private subscriptions to a

 

charitable dispensary or hospital or any other object of public utility shall not be less than a specified sum per mensem.

16. BOTTOMRY BOND, that is to say, any instrument whereby the master of a sea-going ship borrows money on the security of a ship to enable him to preserve the ship or prosecute her voyage.

The same duty as a Bond (No.15) for such amount

17. CANCELLATION, instrument of (including any instrument by which any instrument previously executed is cancelled). If attested and not otherwise provided for.

Nineteen rupees eighty paise.

See also RELEASE (No.55) Revocation of Settlement (No.58-B), Surrender of Lease (No.61), Revocation of Trust (No.64-B).

 

18. CERTIFICATE OF SALE (in respect of each property put up as a separate lot and sold),granted to the purchase of any property sold by public auction by a Civil or Revenue Court, Collector or other Revenue Officer-

 

i. where the purchase money does not exceed Rs.10;

Fifty-five paise.

ii. where the purchase money exceeds Rs.10 but does not exceed Rs.25;

One rupee five paise.

iii. In any other case. ...

The same duty as a Conveyance (No.23), for a consideration equal to the amount of the purchase-money only.

19. CERTIFICATE OR OTHER DOCUMENT, evidencing the right or title of the holder thereof or any other person, either to any shares, scrip or stock in or of any incorporated company or other body corporate or the become proprietor of shares, scrip or stock in or any such company or body.

Forty paise.

 

See also LETTER OF ALLOTMENT OF SHARES (No.36).

 

20. CHARTERED PARTY. that is to say any instrument (except an agreement for the hire of a tugsteamer), whereby a vessel or some specified principal part thereof is let for the specified purposes of the charterer, whether it includes a penalty clause or not.

Three rupees ninety-five paise.

22. COMPOSITION DEED. that is to say, any instrument executed by a debtor, whereby he conveys his property for the benefit of his creditors, or whereby payment of a composition or dividend on their debts is secured to the creditors, or whereby provision is made for the continuance of the debtor’s business under the supervision of inspectors or under letters of license, for the benefits of his creditors.

Three rupees sixty paise.

23. CONVEYANCE [as defined by section 2 (10) not being a Transfer charged of exempted under No.62-

 

where the amount or value of the consideration for such conveyance as set forth therein does not exceed Rs.50;

One-rupee fifty-five paise.

where it exceeds Rs.50 but does not exceed Rs.100;

Three rupees

where it exceeds Rs.100 but does not

exceed Rs.200;

Five rupees ninety-five paise.

where it exceeds Rs.200 but does not

exceed Rs.300;

Eight rupees fifty-five paise.

where it exceeds Rs.300 but does not

exceed Rs.400;

Eleven rupees.

where it exceeds Rs.400 but does not

exceed Rs.500;

Fourteen rupees ninety paise.

where it exceeds Rs.500 but does not

exceed Rs.600;

Seventeen rupees seventy-five

paise.

where it exceeds Rs.600 but does not

exceed Rs.700;

Twenty rupees eighty-five

paise.

where it exceeds Rs.700 but does not

exceed Rs.800;

Twenty-three rupees seventy-

five paise.

where it exceeds Rs.800 but does not

exceed Rs.900;

Twenty-six rupees seventy-five

paise.

 

where it exceeds Rs.900 but does not

exceed Rs.1,000;

Twenty-nine rupees seventy

paise.

where it exceeds Rs.500 but does not

exceed Rs.1,000;

Fourteen rupees ninety paise.

where it exceeds Rs.50,000 but does not exceed Rs.90,000;

Thirty-nine rupees sixty paise.

where it exceeds Rs. 90,000but does not exceed Rs.1,50,000;

Fifty-two rupees eighty paise.

and where it exceeds Rs.1,50,000

Sixty-six rupees.

Provided that where the “instrument or the conveyance” is in respect of an Industrial Loan, certified as such by the Director of Industries, Meghalaya, the stamp duty shall be half of the above rate.

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