Article serial no
Document details
Stamp duty payable
(47)
A responsability bond is a loan secured against goods transported on a ship. (On condition of repayment of said loan when the ship reaches its destination)
Same as stamp duty paid on the amount borrowed, on a Batamary bond (Article 14).
(48) A sale or sale as defined in section-54 of the Transfer of Property Act:
(a) Sale of property under municipal corporations
(1) On the consideration shown in the sale deed, or the market value of the property, whichever is the case, (in cases where the consideration or the market value does not exceed one thousand rupees)
(ii) Cases where the sale proceeds or market value exceeds one thousand
Eight rupees on every hundred rupees
Forty rupees for every five hundred rupees after exceeding one thousand rupees as shown in clause (i) up to the first thousand rupees.
(b) Selection grade letter Sale of property within special grade municipality.
(i) the consideration shown in the sale deed, or the market value of the property, whichever is higher. (In cases where the consideration or market value does not exceed one thousand rupees)
Seven rupees on every hundred rupees
(ii) Cases where the consideration or market value exceeds one thousand rupees
Thirty-five rupees for every five hundred rupees after exceeding one thousand rupees as shown in clause (i) up to the first thousand rupees.
(c) Sale of property in areas other than areas covered by clause (a) and clause (b).
(i) the consideration shown in the sale deed, or the market value of the property, whichever is higher. (In cases where the consideration or market value does not exceed one thousand rupees)
Six rupees on every hundred rupees
Schedule – 10
101
Article serial no
Document details
Stamp duty payable
(ii) Cases where the consideration or market value exceeds one thousand rupees.
Up to the first one thousand rupees as indicated in clause (1) and after exceeding one thousand rupees for every five years thirty rupees
(d) Andhra Pradesh Apartments (in relation to the sale of a part of a part of a multi-unit house, or an apartment unit. or a flat or a part of a multi-storied building within the meaning of the Construction and Ownership Rights Act, 1987;
(i) Cases where value does not exceed Rs.2,00,000/-s.
(ii) 2 6. Cases not exceeding 2,00,000/- 5 2, 5.3,50,000/-0.
(iii) Cases not exceeding 2 6.3,50,000/- 2, 6. 7,00,000/-00.
12 thousand rupees
12 thousand rupees and four per cent on the amount exceeded since it exceeds two lakh rupees
18 thousand and six per cent on the amount exceeding Rs.6.3,50,000/- 2
39 thousand rupees and eight percent on the amount exceeding two lakhs
(iv) 2 6.7,00,000/- 2 cars
Explanation- 1 : If the relevant property is also acquired along with the agreement of sale, the said agreement will be treated as a sale and stamp duty will be levied within the scope of this article. But after the sale agreement, stamp duty paid on the agreement is exempted under clause (b) of Article-6 if the sale deed is also executed accordingly.
Explanation 2 : In relation to clause (d):
(i) Unit includes a flat, apartment, tenement, or partially constructed structures in connection therewith.
(ii) 'Value' means the amount shown in the sale deed as the consideration or value paid for the apartment, plot/partial structure (multi-storied building) or their market value, whichever is higher.
102
Karadipika
Article serial no
Document details
Stamp duty payable
(49
) A security bond or mortgage deed given as security in respect of an office, or as security for any money, or as security for the performance of a contract :
Three percent (maximum one hundred rupees) on the sum assured (five rupees in respect of Telangana)
Exemptions (without payment of stamp duty):
(a) A security bond given by a person for a charitable dispensary, or hospital, or any other charitable work, stating that the monthly income from private subscriptions is less than a specified amount.
(b) persons who have received advances under the Land Development Loans Act, 1883, or the Agricultural Borrowers' Loans Act, 1884, or their guarantors, give a security bond in respect of the repayment of such advances.
(c) a security bond given by public servants or their guarantors in respect of money or goods received in connection with the proper performance of their office duties, or as part of the performance of their office duties.
(58) Settlement, or Deed of Registration :
(A) Deed of Settlement including Mahr or Dower (Muhammadans) Deed.
(a) a settlement deed written in the name of a family member or family members,
(Article 14) Same as stamp duty payable on a Batamary bond on the amount mentioned in the deed or on the market value of the property settled by the deed.
At the same time an agreement regarding settlement has been written and stamp duty has been paid on that agreement as payable on the settlement deed and subsequently the settlement deed following the said agreement: If written then stamp duty should be paid on the said deed as per Article-6.
Schedule – 10 103
Article serial no
Document details
Stamp duty payable
Explanation: For the purposes of this article, family means mother, father, husband, wife, brother, sister, son and daughters. At the same time, grandfather, grandmother, grandmother, grandson, granddaughter, adoptive father or adoptive mother, adopted son, adopted daughter are also considered as part of the family.
(b) Other cases :
Six rupees for every one hundred rupees on the market value of the property concerned with the settlement.
Exemption (without payment of stamp duty):
If a deed of mahr or dower is written at the time of a Muhammadan marriage, no stamp duty is payable on such deed.
(B) Withdrawal
Same as stamp duty payable under Bottomry Bond (Article 14) on the value of the property mentioned in the withdrawal deed.
(50
) Share Warrant - Issued to the bearer under the Companies Act, 2018. (to bearer issued under Indian Companies Act).
One and half times the stamp duty paid on the Conveyance Deed (Article-20) on the equivalent consideration of the shares mentioned in the said warrant.
(
51) Shipping order in relation to carriage of goods by a water transport vehicle.
Twenty paisa (Rupees ten in respect of Telangana)
(52
) Surrender of lease
(a) Cases where stamp duty on tenancy agreement does not exceed thirty rupees.
Same as payment of stamp duty on tenancy agreement (Maximum five hundred rupees same as payment of stamp duty on tenancy agreement in respect of Telangana)
(b) Other cases.
Rupees thirty (maximum rupees five hundred in respect of Telangana)
104
Karadipika
Article serial no
(53)
Document details
Stamp duty payable
Transfers (whether transfer with consideration or transfer without consideration).
(a) Transfer of debentures treated as marketable securities. (The said debenture, stamp duty payable. Whether or not). But debentures under section (8) are not covered by this article.
Duty payable under Conveyance (Article-20) on market value equal to face value of consideration or debenture. (one half)
(b) Transfer of interest arising from any bond, mortgage deed, or insurance policy.
(i) Cases where the stamp duty on the said bond, mortgage deed or deema policy does not exceed thirty rupees.
Similar to stamp duty paid on a bond, mortgage or insurance policy
(ii) Other cases
(c) 'Transfer of goods under the Administrator General's Act, 1874
30 rupees
35 rupees
(d) the transfer, without consideration, of any trust property, from one trustee to another trustee, or from one trustee to a beneficiary.
30 rupees, or the minimum stamp duty payable under clauses A and B of this article,
Exemptions (without payment of stamp duty):
(a) Transfer of bill of exchange, check or promissory note by endorsement.
(b) the transfer by endorsement of any commercial document relating to a bill of lading, delivery order, warranty over goods, or transfer of ownership rights in goods.
(c) Endorsement of insurance policy by endorsement.
d) Transfer of Central Government securities by endorsement.
(54) Transfer of tenancy- Transfer by assignment, not by under lease
Depending on the transfer fee | On Conveyance Deed (Article-20) | Same as stamp duty paid or in consideration of transfer Depending on the market value of the equivalent amount.
Schedule – 10
105
Article serial no
Document details
Stamp duty payable
(55)
:
(a) a written declaration (other than by will) of the creation of a trust in respect of any property;
(b) a declaration in writing (other than by will) revoking or revoking the trust;
| In the same way that stamp duty is leviable under bond (Article-20) on the value of the trust property. But the maximum should not exceed two hundred rupees. (Maximum one thousand rupees in respect of Telangana)
In the same manner as stamp duty is leviable under bond (Article-20) on the value of the trust property, but the maximum shall not exceed one hundred rupees. (Maximum rupees five hundred in respect of Telangana)
(56) Warrant for goods
- A certificate of attestation issued by the person in charge or owner of the said warehouse, port, etc., stating that the goods stored or kept in any warehouse, port, etc., belong to a particular person or his assignee.
One rupee is fifty paise. (Rupees twenty in respect of Telangana)
Note : The details of stamp duty etc. mentioned on the documents, deeds, papers, certificates etc. in this Schedule-1(a) are basic and general. In that order there are many exceptions and limitations in the case of stamp duty on deeds, documents, certificates etc. under each article. Stamp duty has been reduced in respect of documents covered by several articles and in this regard the State Governments of Andhra Pradesh and Telangana have issued several notifications from time to time. Still releasing. There is also a possibility that it will be released earlier.
105
Karadipika
Article serial no
Document details
Stamp duty payable
(55)
:
(a) a written declaration (other than by will) of the creation of a trust in respect of any property;
(b) a declaration in writing (other than by will) revoking or revoking the trust;
| In the same way that stamp duty is leviable under bond (Article-20) on the value of the trust property. But the maximum should not exceed two hundred rupees. (Maximum one thousand rupees in respect of Telangana)
In the same manner as stamp duty is leviable under bond (Article-20) on the value of the trust property, but the maximum shall not exceed one hundred rupees. (Maximum rupees five hundred in respect of Telangana)
(56) Warrant for goods
- A certificate of attestation issued by the person in charge or owner of the said warehouse, port, etc., stating that the goods stored or kept in any warehouse, port, etc., belong to a particular person or his assignee.
One rupee is fifty paise. (Rupees twenty in respect of Telangana)
Note : The details of stamp duty etc. mentioned on the documents, deeds, papers, certificates etc. in this Schedule-1(a) are basic and general. In that order there are many exceptions and limitations in the case of stamp duty on deeds, documents, certificates etc. under each article. Stamp duty has been reduced in respect of documents covered by several articles and in this regard the State Governments of Andhra Pradesh and Telangana have issued several notifications from time to time. Still releasing. There is also a possibility that it will be released earlier.
105
Karadipika
SCHEDULE -1
INDIAN STAMP ACT 1899
(Those Articles for which there is no counterpart in Schedule 1-A)
Description of Instrument
Proper Stamp Duty Rs. Ps.
13. Bill of exchange as defined by section 2(2) not being a bond, bank note or currency note
(a) (xxxx)
(b)* where payable otherwise than on demand
(1) where payable not more than three months after date of sight if the amount of the bill or note does not exceed Rs.500...
0.30
If it exceeds Rs. 500 but does not exceed Rs. 1000 and for every additional Rs. 1000 or part thereof in excess of Rs. 1000
0.60
(ii) where payable more than three months but not more than six months after date of sight, if the amount of the bill or note does not exceed Rs.500...
0.60
If it exceeds Rs.500 but does not exceed Rs.1000...
1.20
and for every additional Rs. 1000 or part thereof in excess of Rs.1000
1.20
(iii) where payable more than six months but not more than nine months after date of sight, if the amount of the bill or note does not exceed Rs.500
0.90
If it exceeds Rs. 500 but does not exceed Rs.1000...
1.80
and for every additional Rs. 100 or part thereof in excess of Rs. 1000
1.80
(iv) where payable more than nine months but not more than one year after date of sight, if the amount of the bill or note does not exceed Rs.500
1.25
If it exceeds Rs. 500, but does not exceed Rs.1000...
2.50
and for every additional Rs. 1000 or part thereof in excess of Rs.1000.
2.50
Indian
stamp
Act 1899
107
Proper Stamp Duty Rs. Ps.
2.50
Description of Instrument
*(c) where payable more than one year after date of sight, if the amount of the bill or note does not exceed Rs. 500.
If it exceeds Rs.500, but does not exceed Rs.1000 and for every additional Rs.1000 or part thereof in excess of Rs. 1000
14. Bill of lading (including a through bill of lading)
(Note: If a bill of lading is drawn in parts the proper stamp therefor must be borne by each one of the set)
5.00
1.00
EXEMPTIONS
(a) Bill of lading when the goods therein described are received at a place within the limits of any port as defined under the Indian Ports Act, 1889 and are to be delivered at another place within the limit of the same port.
(b) Bill of lading when executed out of India and relating to property to be delivered in India
27.
Debenture (whether a mortgage debenture or not) being a marketable security transferable.
(a) by endorsement or by separate instrument of transfer where the amount or value does not exceed
100-10
where it exceeds Rs.10 and does not exceed
500-20
Rs. 50
Rs. 100
0-35
Rs. 100
Rs. 200
0-75
Rs. 200
Rs. 300
1-10
Rs. 300
Rs. 400
1-50
Rs. 400
Rs. 500
1-85
Rs. 500
Rs. 600
2-25
Rs. 600
Rs. 700
2-60
Rs. 700
Rs. 800
3-00
Rs. 800
Rs. 900
3-40
Rs. 900
Rs. 1000
3-75
and for every Rs. 500 or part thereof in excess of Rs. 1000
1-85
*(b) by delivery
where the amount or value of the consideration for such debenture as set-forth therein does not exceed Rs. 50
0-35
103 Karadeepika
Description of Instrument
where it exceeds Rs.50 and does not exceed
Rs. 100
0-75
Rs. 100
Rs. 200
1-50
Rs. 200
Rs. 300
2-25
Rs. 300
Rs. 400
3-00
Rs. 400
Rs. 500
3-75
Rs. 500
Rs. 600
4-50
Rs. 600
Rs. 700
5-25
Rs. 700
Rs. 800
6-00
Rs. 800
Rs. 900
6-75
Rs. 900
Rs. 1000
7-50
and for every Rs. 500 or part thereof in excess of Rs. 1000
3-75
EXPLANATION: The term "Debenture" includes any interest coupons attached thereto but amount of such coupons shall not be included in estimating the duty.
EXEMPTION:- A debenture issued by an incorporated company or
other body corporate in terms of registered mortgage 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 debenture holders.
Provided that the debentures so issued are expressed to be issued in terms of the said mortgage-deed.
37. Letter of credit, that is to say, any instrument by which one person authorises another to give credit to the person in whose favour it is drawn:
47. Policy of Insurance
A. Sea Insurance
(1) for or upon any voyage-
(i) where the premium of consideration does not exceed the rate of one-eighth percent of the amount insured by the policy.
Proper Stamp Duty Rs. Ps.
If drawn signly If drawin in duplicate for each part Rs. - Ps.
Rs.- Ps.
0.05
0.05
(ii) in any other case in respect of, every full sum of Rs,1,500 and also any fractional part of Rs. 1,500 insured by the policy.
0.05
0.05
(2) for time-
(0) In respect of every full sum of Rs 1,000 and also any fractional part of Rs.1,000 insured by the policy.
0.10.
0.10
Indian Stamp Act 1899
109
Description of Instrument
Proper Stamp Duty Rs. Ps.
(a) where the insurance shall be made for any time not exceeding six months.
0.10
0.10
0.25
(b) where the insurance shall be made for any time. exceeding six months and not exceeding twelve months
0.10
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
(1) when the sum insured does not exceed Rs. 5000
(ii) in any other case;
(2) in respect of the receipt for any payment Premium or any renewal of an original policy.
C. Accident and Sickness -Insurance:
(a) against railway accident valid for a singlejourney only
EXEMPTION
When issued to a passenger travelling by intermediate or 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 there of Provided that in the 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 of such instrument shall be 10 paise for every Rs 1,000 or part thereof of the maximum amount which may become payable under it. In the case of a policy of insurance covering accident to passengers travelling by air, if any of the duty chargeable as exceeds 10 paise in each rupee of the amount of premium payable in the policy will be remitted.
(C) Insurance by way of indemnity against liability to pay damages 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
0-25
0-50
One-half the duty payable in respect of the original policy in addition to the amount if any chargeable under Article No. 53.
0-05
0-10
0-05
110 Karadeepika
Description of Instrument
thereof payable as premium.
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.
(0) for every sum insured not exceeding Rs.250
(ii) for every sum insured exceeding Rs.250 but not exceeding Rs.500
(iii) for every sum insured exceeding Rs. 500 but not exceeding Rs.1000/-
and also for every Rs. 1,000/- or part thereof.
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
E. Re-Insurance by the Insurance company which has granted a policy of the nature specified in Division A or Division B of the article with another company by way of indeminity or guarntee against the payment. on the original insurance of a certain part of the paise. sum insured thereby.
GENERAL EXEMPTION
Letter of cover of engagement to issue a policy of insurance: Provided that, unless such letter or engagement bear 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.
49. Promissory note as defined by Section 2 (22)
(a) when payable on demand-
(1) when the amount or value does not exceed
Proper Stamp Duty Rs. Ps.
If drawn signly If drawn each part in duplicate for
Rs - Ps
0-10
0-05
0-10
Rs. - Ps.
0-05
0-20
0.10
N.B. If a policy of group insurance is renewed or otherwise modified whereby 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.
One-quater of duty payable in respect of the original insurance amount but not less than 5 paise or more than Rs. 0.50
Provided that if the total amount of duty payable is not a multiple of 5 paise, the total amount shall be rounded off to the next higher multiple of 5.
0-05
Indian Stamp Act 1899
111
Description of Instrument
Proper Stamp Duty Rs. Ps.
Rs.250
0-10
(ii) when the amount or value exceeds Rs.250 but does not exceed Rs.1000
0-15
(iii) in any other case
(b) when payable otherwise than on demand:
52. Proxy empowering any person to vote at any one election of the members of a Zilla Parishad or of a body of Municipal Commissioner or at any one meeting of
(a) members of an incorporated company or their body corporate whose, stock of funds is or are divided into shares and transferable
0-15
(b) a local authority or (c) proprietors, members or contributors to the fund of any institution.
1-00*
53. Receipt as defined by Section 2(23) for any money on other property, the amount or value of which exceeds Rs.5000
Amended w.e.f. 01-08-2004 through Finance Act. 32 of 1994.
RECEIPT
(a) endorsed of contained in any instrument duly stamped or any instrument exempted under the provision to Section 3 (Instruments executed on behalf of the Govt.) or any cheque or bill of exchange payable on demand acknowledging the receipt of consideration money therein expressed or the receipt of any principal money, interest of 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 Govt. 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 allowances by non-commissioned or petty officers, soliders, 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 person from whose pay or allowances,
112
Karadipika
Description of Instrument
Proper Stamp Duty Rs. Ps.
the sum comprised in the receipt has been assigned is noncommissioned or petty officer, solider, sailor or airmen 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 such noncommissioned or petty officers soldiers. sailors or airmen and not serving the Government in any other capacity:
(g) given by headman or lambardar for land revenue or taxes collected by him;
(h) given for money or securities for money deposited in the hands of any banker, 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.
Provided also that this exemption shall extend to a receipt of acknowledgment 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 in 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.
*Note: The Central Govt. remitted the proper stamp duty chargeable in respect of
(a) bill of exchange, cheques, promissory notes, bills of lading, letters of credit, policies of insurance, transfer of shares, debentures, proxies and received through out India;
(b) all other instruments in the union territories executed by or on behalf of any society for the time being registered or deemed to be registered under any law relating to Coop. Societies for the time being in force. (Notification No S.O. 2704 dt. 7-11-60)
Indian Stamp Act 1899
113
Description of Instrument
Proper Stamp Duty Rs. Ps.
62. TRANSFER
(whether with or without consideration)
Twenty five paise for every hundred rupees or part thereof the value of the share
(a) of shares in an incorporated company or other body corporate:
(b) of debentures being marketable securities, whether the debenture is liable to duty or not, except debenture provided by section 8;
(c) of any interest secured by a bond, mortgage deed or policy of insurance.
(i) if the duty on such bond, mortgage-deed or policy does not exceed five rupees:
(ii) in any other case:
(d) of any property under the Administration-General's- Act. 1847 section 31.
(e) of any trust property without consideration from one trustees to another trustee or from a trustee to a beneficiary.
EXEMPTIONS
Transfer 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 documents of title to goods:
(c) of a policy of insurance;
(d) of securities of the Central Government.
114 Karadeepika
One half of the duty payable on a conveyance (No.23) for a consideration equal to the face amount of the debenture.
The duty with which such bond, mortgage-deed or policy of insurance is chargeable
Five rupees.
Ten started
Five rupees or such smaller amount as may be chargeable under clauses (a) to (c) of this Article
SCHEDULE-1-A INDIAN STAMP ACT, 1899
Stamp duty on certain instruments under the Stamp (Andhra Pradesh Amendment) Act, 1922 (See Section 3. First Proviso)
Description of Instrument
Proper Stamp Duty Rs. Ps.
1. Acknowledgment of a debt ex-ceeding twenty rupees in amount or 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 acknowledgment 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 291 or section 375 of the Indian Succession Act, 1925 (Central Act, 39 of 1925) or Section 6 of the Government Savings Bank Act, 1873 (Central Act.5 of 1873).
a) where the amount does not exceed Rs.1,000.
b) in any other case.
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.
4. Affidavit including an affirmation or declaration in the case of persons by law allowed to affirm or declare instead of swearing..
EXEMPTION
Affidavit or declaration in writing when made for the sole purpose of enabling any person to receive any pension or chairtable allowance.
5. Agreement or memorandum of an agreement-
(a) if relating to the sale of a bill of exchange:
(b) if relating to the sale of a Government Security or share in an incorporated company or other body corporate;
Three fourths of the duty as a Bond (No. 13) for such amount
Thirty rupees
Thirty five rupees
Ten rupees
One rupee
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
Indian Stamp Act 1899
115
Description of Instrument
Proper Stamp Duty Rs. Ps.
6. Agreement or memorandum of an Agreement-
(A) Where the value
(i) does not exceed Rs. 5000/-
(ii) exceeds Rs. 5000/-but does not exceed Rs.20,000/-
exceeds Rs. 20,000/- but does not exceed Rs.50,000/-
iv) exceeds Rs. 50,000/-
(B) If relating to construction of a house or building including a mulit-unit house or building or unit or apartment/flat/portion of multi-storied building or for development/sale of property
Note: Through the Notification issued in G.O.Ms No.581, Revnue (Regn I) Dept. Dt.30.11.2013, the rate of Stamp Duty in respect of Article 6 (B) is reduced w.e.f. 02.12.2013, as follows:
Instrument
Rate of duty
i) Sale Agreement with possession
4%
ii) Sale Agreement without possession
0.5%
iii) Agreement of sale-cum-G.P.A
5%
iv) Development/Construction Agreement
0.5%
v) Development Agreement-cum-G.P.A
1%
vi) Construction Agreement-cum-G.P.A
1%
(C) IN ANY OTHER CASE
7. Agreement relating to deposit of title deeds, pawn, pledge. or hypothecation, that is to say, any instrument evidencing an agreement relating to......
(a) the deposit of title deeds or instrusments constituting being evidence of the title to any property whatever (other than a marketable security), where such deposit 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:
116 Karadeepika
Ten rupees
Twenty rupees
Fifty rupees
One hundred rupees
Five rupees for every one hundred rupees or part thereof on the market value or the estimated cost of the proposed property as the case may be, as mentioned in the agreement or the value arrived at in accordance with the schedule of rates prescribed by the Public Works Department authorities, whichever is higher.
whether adjustable
Adjustable
Not adjustable
4% only is Adjustable
Not Adjustable
Not Adjustable
Not Adjustable
One hundred rupees
0.5% of the amount secured by such deed, subject to a maximum of fifty thousand rupees
Description of Instrument
(b) the pawn. pledge or hypothecation of moveable property, where such pawn, pledge, or hypothecation has been made by way of security for the repayment of money advanced, or to be advanced by way of loan or an exisiting or future debt;
(i) if such loan or debt is repayable subject on demand or more than three months from the date of the instrument, evidencing the agreement;
(ii) if such loan or debt is repayable not more than three months from the date of such instrument.
EXPLANATION
For the purpose of the clause (a) of this article, notwithstanding anything contained in any judgement, decree or order of any court or order of any authourity, any letter, note, memorandum or writing relating to the deposit of title deeds whether written or made either before or at the time when or after the deposit of title deeds is effected and whether it is in respect of the security for the first loan or any additional loan or loans taken subsequently, such letter, note, memorandum or writing shall, in the absence of any separate agreement or memorandum of agreement relating to deposit of such title deeds, be deemed to be an instrument, evidencing an agreement relating to the deposit of title deeds.
EXEMPTION
1. Letter of hypothecation accompanying a bill of exchange duly stamped.
2. Unattested instrument of pawn or pledge of.....
(a) Farm equipment and Tractors:
(b) Any goods for a loan secured upto one lakh rupees.
8. Appointment in execution of a power, whether of trustees or of property, movable or immovable, where made by any writing not being a will.
9. Appraisement 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/-
(b) in any other case,
Sixty rupees
The same duty as a Bottomry Bond (No.14) for such amount.
Thirty rupees
Indian
stamp
Act 1899
117
Proper Stamp Duty Rs. Ps.
0.5% of the amount secured. subject to a maximum of two lakh rupees.
Half the duty payable under sub clause (i)
Description of Instrument
Proper Stamp Duty Rs. Ps.
Fifteen rupees
10. 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..
EXEMPTION
Instruments of apprenticeship exceuted by a Magistrate under the Apprentices Act, 1961 (Central Act 52 of 1961) or by which a person is apprenticed by, or at the charge of, any public charity.
11. Articles of Association of a company-
(i) where the company has no share capital;
(ii) where the company has authorised share capital or increased share capital,
One thousand rupees
0.15% of such authorised share capital subject to a minimum of one thousand rupees and a max- imum of five lakh rupees.
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-
a) where the amount or value of the property to which the award relates, as setforth in such award, does not exceed Rs.1000.
b) if it exceeds Rs1000 but does not exceed Rs.5000/- and for every additional Rs.1000 or part thereof in excess of Rs.5000;
The same duty as a Bottomry Bond (No.14) for such amount
Fifty rupees
Two rupees subject to a maximum of two hundred rupees
13. Bond, as defined by Section 2(5), not being a debenture and not being otherwise provided for, by this Act, or by the Andhra Pradesh Court Fees and Suits Valuation Act, 1956 (Andhra Pradesh Act V11 of 1956)
a) where the amount or exceed Rs. 1000,
b) where it exceeds Rs. 1000
Three rupees for every one hundred or part thereof
EXEMPTION
The same duty as under clause (a) for the first Rs.1000 and for every Rs.500 or part thereof in excess of Rs. 1000/- fifteen rupees
Bond, when executed by 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
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Karadipika
Description of Instrument
14. Bottomry Bond, that is to say, any instrument whereby the master of a sea-going ship borrows money, on the security of the ship to enable him to preserve the ship or prosecute her voyage
a) where amount or value secured does not exceed Rs.1000;
b) where it exceeds Rs. 1000
15. Cancellation-Instrument of (including any instrument by which any instrument previously executed is cancelled), if attested and not otherwise provided for.
16. Certificate of Sale (in respect of each property put up 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
NOTE: Rate of Stamp duty has been reduced to 4% vide Notification issued in G.O.Ms.No.582, Rev Regn-1 Dept. dt.30.11.2013 w.e. f. 02.12.2013.
17. Certificate or other doucment 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 to become proprietor of shares, scrip or stock in or of any such company or body
18.1) Charter Party,that is to say, any instrument (except agreement for the hire of a tug-steamer), where-by a vessel or some specified principal part thereof is let for the specified purpose of the charter, whether it includes a penalty clause or not.
2) A Chit Agreement, that is to say, an agreement, relating to a chit as defined in clause (2) of section 2 of the Andhra Pradesh Chit Funds Act, 1971. Act 9 of 1971, if, either such agreement is executed, or the chit is conducted in the State of Andhra Pradesh, where the value of the chit,-
(i) does not exceed rupees one lakh;
(ii) exceeds rupees one lakh.
Proper Stamp Duty Rs. Ps.
Three rupees for every one hun- dred rupees or part thereof;
The same duty as under clause (a) for the first Rs.1,000 and for every Rs.500 or part thereof in ex- cess of Rs.1000/- fifteen rupees.
Thirty rupees
The same duty as a conveyance (No.20) for a consideration or market value or market value equal to the amount of the purchase money only.
Thirty paise
Five paise
ten paise
Fofty paise
119 of the Indian Stamp Act 1899
Description of Instrument
Proper Stamp Duty Rs. Ps.
Thirty five paise
19. 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 licence, for the benefit of his creditors:
20. Conveyance as defined by section 2 (10), not being a sale, charged under (No.47-A) or a transfer charged or exempted under (No. 53).
a) where the amount or value of the consideration for such conveyance as set-forth therein or the market. value of the property which is the subject matter of the conveyance whichever is higher does not exceed Rs.50;
b) where it exceeds Rs.50, but does not exceed Rs. 1,000
c) where it exceeds Rs. 1,000 Provided that where an agreement to sell immovable property is stamped with the advalorem stamp required for a conveyance on sale under Article-47-A and a conveyance on sale in pursuance of such agreement is subsequently executed, the duty on such conveyance on sale shall be the duty payable under the article less the duty already paid under article 47-A subject to a minimum of five rupees
Two rupees fifty paise
Five rupees for every one hundred rupees or part thereof.
The same duty as under clause (b) for the first Rs.1000.and for every Rs.500 or part thereof in excess of s. 1000- Twenty five rupees.
Two rupees for every one hundred
rupees or part thereof of the
market value of the property,
which is the subject matter of
such conveyance,
d) conveyance, so far as it relates to amalgamation or merger of companies under the order of High Court under section 394 of Compaines Act, 1956.
EXPLANATION
For the purpose of the caluse (d) the market value of the property shall be deemed to be the amount of total value of the shares issued or allotted by the transferee company, either in exchange or otherwise, and the amount of consideration, if any. paid for such amalgamation or merger.
NOTE: Rate of Stamp duty under clauses (a), (b) and (c) has been reduced to 4% vide Notification issued in G.O.Ms.No.582, Rev (Regn-1) Dept dt.30.11.2013 w.e.f. 02.12.2013.
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Description of Instrument
Proper Stamp Duty Rs. Ps.
21. 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 orginal was not chargeable with duty, or if the duty with which it was chargeable does not exceed two rupees fifty paise:
Ten rupees
ii) in any other case.
Twenty 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.namings.dedications, marriages, divorces, deaths or burials.
22. 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 orginal instruments is chargeable does not exceed ten rupees
b) in any other case:
The same duty as is payable on
the orginal.
Twenty rupees.
23) Customs Bond-
a) where the amount does not exceed Rs.1000:
The same duty as a Bottomry Bond (No. 14) for the such amount
Thirty rupees.
b) in any other case.
Ten rupees
24) Delivery order in respect of goods, that is to say, any instrument entitling any person therein named,or his assigns or the holder thereof, to the delivery of any goods lying in any dock or port or any warehouse in which goods are stored or deposited or rent or hire, or upon any wharf, such instrument, being signed by or on behalf of the owner. of such goods, upon the sale or transfer of the property therein, when such goods exceed in value five thousand rupees
Five rupees
25. Divorce Instrument of, that is to say any instrument by which any person effects the dissolution of his marriage.
Indian Stamp Act 1899
121
Description of Instrument
26. Entry as an Advocate on the roll of the Bar Council of Andhra Pradesh under the Advocates Act, 1961.
EXEMPTION
Entry as an advocate on the roll of the Bar Council of Andhra Pradesh when he has been previously enrolled as a Vakil in Andhra Pradesh High Court or as an Advocate or Vakil in any other High Court.
27. Exchange of property
NOTE: Rate of Stamp duty has been reduced to 4% vide Notification issued in G.O.Ms.No.582 Rev Regn-1 Dept dt.30.11.2013 w.e.f.
02.12.2013. 28. Further Charge- Instrument of, that is to say, any instrument imposing a futher charge on mortgaged
property:
a) when the original mortgage is one of the description referred to in clause (a) of Article 35 (that is, with possession):
(b) when such mortgage is one of the description referred to in clause (b) of Article 35(that is, without possession):
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:
Proper Stamp Duty Rs. Ps.
Two hundred and fifty rupees or if previously enrolled as an Attorney in any High Court, one hundred and twenty five rupees.
The same duty as a Conveyance (No.20) for a consideration or market value equal to the market value of the property of greater value, which is the subject matter of exchange.
The same duty as a Conveyance (No.20) for a conisderation or market value equal to the amount of the further charge secured by such instument.
The same duty as a Conveyance (No.20), for a consideration or market value equal to the total amount of the charge (including the orginal mortgage and any further charge already made), less the duty already paid on such orginal mortgage and further charge.
The same duty as a Bottomry Bond (No.14) for the amount of the further charge secured by such instrument.
ii) if possession is not so given
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Description of Instrument
Proper Stamp Duty Rs. Ps.
NOTE: Rate of Stamp duty has been reduced vide Notification issued in G.O.Ms.No.583, Rev (Regn-1) Dept, dt. 30.11.2013 w.e.f. 02.12.2013 to 2% under clauses (a) and (b)(i), and to 0.5% under clause (b)(ii).
29. Gift-Instrument of, not being a Settlement (No.49) or Will or Transfer (No.53)
Note:
(1) Through Notification issued in G.O.Ms. No. 395, Rev (Regn-1) Dept., dt. 26-11-2014, stamp duty on gifts in favour of relatives as defined u/s 56(2) of IT Act, 1961 and Govt./ local bodies/UDAs is revised to 2% and in other cases to 5%.
(2) The following are relatives u/s 56(2) of IT Act, 1961:
(i) Spouse of the individual;
(ii) Brother or sister of the individual;
(iii) Brother or sister of the spouse of the individual;
(iv) Brother or sister of either of the parents of the individual;
(v) Any lineal ascendant or descendant of the individual:
(vi) Any lineal ascendant or descendant of the spouse of the individual:
(vii) Spouse of the person referred to in clauses (ii) to (vi).
(viii) In case of Hindu Undivided family, any member thereof
30. Indemnity Bond
The same duty as a Security Bond (No. 48) for the same amount.
31. Lease, including an under lease or sub-clause and any agreement to let or sub-let;
a. whereby such lease the rent is fixed and no premium is paid or delivered.
il where the lease purports to be for a term of less than one year.
ii) Where the lease purports to be for a term of not less than one year but ont more than five years.
iii) Where the lease purports to be for a term exceeding five years, but not exceeding ten years.
The same duty as a Security Bond (No.48) for the same amount.
The same duty as a Bottomry Bond (No.13) for the amount or value of the average annual rent reserved.
The same duty as a Conveyance
(No.20) for a consideration
or market value equal to the
amount of value of the annual
rent reserved.
123 of the Indian Stamp Act 1899
Description of Instrument
iv) Where the leasse purports to be for a term exceeding ten years out, not a exceeding twenty years.
v) Where the lease purports to be for a term exceeding twenty years but not exceeding thirty years.
vi) Where the lease purports to be for a term exceeding thirty years, but not exceeding one hundred years.
vii) Where the lease purports to be for a term exceeding one hundred years or in perpetuity.
viii) Where the lease does not purport to be for any definite term.
b) Where the lease granted for fine or premium, or for money advanced and where no rent is reserved.
c) where the lease is granted for a line or premium, or for money advanced in addition to rent reserved;
Proper Stamp Duty Rs. Ps.
The same duty as a Conveyance (No. 20) for a consideration or market value equal to twice the amount or value of the average annual rent reserved.
The same duty as a Conveyance (No. 20) for a consideration or market value equal to twice the amount or value of the average annual rent reserved.
The same duty as a Conveyance (No.20) for a consideration or market value equal to one sixth of the whole amount of rents which would be paid. or delivered in respect of the first fifty years o the else.
The same duty as a Conveyance (NO.20) for a constitution of market value equal to one sixth of the whole amount of rents which would be paid or delivered in respect of the first fifty years.
The same duty as a Conveyances (No.20) 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.
The same duty as a Conveyance (No.20) for a consideration or market value equal to the amount or value of such fire or premium or advances as set forth in the lease,
The same duty as a Conveyance (No.20) for a consideration or market value equal to the amount of 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
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Karadipika
Description of Instrument
Proper Stamp Duty Rs. Ps.
with the advalorem 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.
The same duty as a Conveyance (No.20) for value of the improvement contemplated to be made by the lessee as set-forth in the deed in addition to the duty chargeable under clauses (a) or (b) or (c).
d) where the lessee is to make over the improvement if any to the lessor, on termination of the lease, falling under clauses (a) or (b) or (c).
EXPLANATION
When a lessee undertakes to pay any recurring charges, such as Government revenue, the landlord's share of cesses, or the owner's shares 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.
Note: Through the notification issued in G.O.Ms. No.588. Revenue (Regn-1) Dept., dt.4.12.2013, the stamp duty on lease deeds is reduced, with effect from 5-12-2013 as mentioned below:
(a) (i) for less than 1 year
(ii) for 1-5 years
(a) For residential properties
(b) In other cases
(iii) for 5-10 years
(a) For residential properties
(b) In other cases
(iv) for 10-20 years
(v) for 20-30 years.
vi) for more than 30 years or in perpetuity
(b) for fine, premium or money advanced without rent
(c) for fine, premium or money advanced in addition to rent
(d) involving improvements, to be made over to lessor at the end.
0.4% on total rent
0.5% on A.A.R.
1% on A.A.R.
1% on A.A.R.
2% on A.A.R.
6% on A.A.R.
15% onA.A.R.
3% on M.V. of the property.
2% on fine/premium/advance
2% on fine/premium/advance in addition tothe duty on rental basis.
2% on lumpsum amount in addi- tion to duty on rental basis.
125 of the Indian Stamp Act 1899
Description of Instrument
Proper Stamp Duty Rs. Ps.
Thirty paise
32. 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:
33. Licence of immovable or movable property, that is to say, licence granted by owner or authority for rent or fee or by whatever name it is called...
(a) where by such licence granted for rent or fee or by whatever name it is called...
(i) where the licence purports to be for a term of less than one year;
(ii) where the licence purports to be for a term of not less than one year but not more than five years:
(iii) where the licence purports to be for a term of not less than five years but not exceeding ten years:
(b) where the licence is granted for a lumpsum amount advanced and where no rent or fee or by whatever name it is called is reserved;
(c) where the licence is granted for a lumpsum amount advanced in addition to rent or fee by whatever name it is called:
Two rupees for every one hundred rupees or part three of for the first Rs. 1000/- and for every Rs.500/-or part thereof in excess of Rs.1,000/-ten rupees, for the whole amount payable, or deliverable under such licence;
Two rupees for every one hundred rupees or part thereof for the first Rs.1000/- and for every Rs.500/- or part thereof in excess of Rs.1000./-ten rupees, for the amount or value of the average annual rent or fee or by whatever name it is called.--
Five percent on the amount or value of one and half times of the average annual rent or fee or by whatever name it is called
Five percent on the lumpsum amount as setforth in the licence;
Five percent on the lumpsum
amount advanced as setforth in
the licence in addition to the duty
which would have been payable
on such licence if no lumpsum
amount advanced had been paid
or delivered;
Five hundred rupees;
Note: The rate of 5% mentioned in clauses (b) and (c) is reduced to 2% through the notification issued in G.O.Ms. No. 588, Revenue (Regn-1) Dept., dt. 4-12-2013, w.e.f. 5-12-2013.
34. Memorandum of Association of a company:-
(a) if accompanied by Articles of Association under section 26 of the Companies Act, 1956 (Central Act 1 of 1956):
129 Karadeepika
Description of Instrument
(b) if not so accompanied
35. Mortgage deed not being an Agreement relating to Deposit of Title deeds, Pawn or Pledge (No.7), Bottomry Bond (No.14), Mortgage of a crop (No.36), Respondentia Bond (No.47), or Security Bond (No. 48)
a) when possession of the property or any part of the property comprised in such deed is given by the mortgage or agreed to be given;
b) when possession is not given or agreed to be given as aforesaid;
Note: Through the notification issued in G.O.Ms.No. 583, Revenue (Regn-1) Dept., dt. 30-11-2013, the rates of duty mentioned in clauses (a) and (b) are reduced to 2% and 0.5% respectively. besides fixing a duty of Rs. 5000/-in respect of mortgages without possession in favour of Govt. or local bodies or UDAs to ensure compliance with building/layout rules, w.e.f. 2-12-2013.
EXPLANATION
A mortgagor who gives or has given to the mortagee a power of attorney to collect rents, or has given to the mortgagee a lease, of the property mortgaged or part thereof, is deemed to give possession thereof 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.1000/-Exemption: Instruments executed by persons taking advances under the Land Improvement Loans Act, 1883(Central Act 19 of 1883), or the Agriculturists Loans Acts, 1884 (Central Act 12 of 1884) or by their sureties as security for the repayment of such advances.
36. 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 not more than three months from the date of the instrument-
127 of the Indian Stamp Act 1899
Proper Stamp Duty Rs. Ps.
The same duty as under Article 11, according to the share capital of the company.
The same duty as a Conveyance (No.20) for a consideration or market value equal to the amount secured by such deed.
The same duty as a Bottomry Bond (No.14) for the amount
secured by such deed.
Three rupees and for every
Rs. 1000/- or part thereof secured
in excess of Rs.1000/-
Description of Instrument
Proper Stamp Duty Rs. Ps.
for every sum secured not exceeding Rs.200;
and for every Rs.200 of part thereof secured in excess of Rs.200;
b) when the loan is repayable more than three months but not more than eighteen months from the date of the instrument- for every sum secured not exceeding Rs. 100;
and for every Rs. 100 or part thereof secured in excess of Rs.100;
37. Notarial act, that is to say, any instrument, endorsement, note, attestation, certificate or entry not being a protest (No.43) 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.
38. 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 in value twenty rupees.
b) of any stock or marketable security exceeding in value twenty rupees
39. Note of Protest by the Master of a Ship
40. Partition Instrument of [as defined by section 2(15)]
Forty paise
Forty paise
Sixty paise
Sixty paise
Three rupees fifty paise
One rupee
Subject to a maximum of fifty rupees, fifty paise for every Rs.10,000/- or part thereof of the value of the stock or security.
Two rupees
The same duty as a Bottomry Bond (No.14) for the amount or the market value of the separated share or shares of the property.
N.B. The largest share remaining after the property is partitioned (or if there are two or more shares of equal market 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:
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Description of Instrument
Proper Stamp Duty Rs. Ps.
Provided always that -
a) when an instrument of partition containing an agreement to divide property in severality 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 five rupees;
b) where land is held on Revenue settlement for a period not exceeding thirty years and paying the fulll assessment, the value for the purpose of duty shall be calculated at twenty-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 stamp required for an instrument of partition and an instrument of partition in pursuance of such order or award is subsequently executed, the duty on such instrument shall not exceed five rupees.
NOTE: Rate of Stamp duty under Art 40 has been revised vide Notification issued in G.O.Ms.No.395, Rev (Regn-1) Dept.. dt.26.11.2014 w.e.f. 26.11.2014 as follows:
(i) In favour of family members: 1% of the market value of the separated share or shares of the property.
(ii) In favour of others: 2% of the market value of the separated share or shares of the property.
Indian Stamp Act 1899
129
Description of Instrument
Proper Stamp Duty Rs. Ps.
41. Partnership:
A. Instrument of.
(a) where the capital of the partnership does not exceed Rs. 5000/-
One hundered rupees
Five hundred rupees
(b) in any other case.
B. Reconstitution of,-
(a) where immovable property contributed as share by a partner or partners remains with the firm at the time of outgoing in whatever manner by such partner or partners on reconstitution of such partnership:
5% on the market value of the immovable property remaining with the firm.
(b) in any other case
Rupees five hundred.
C. Dissolution of,-
(a) where the property which belonged to one partner or partners when the partnership. commenced is distributed or allotted or given to another partner or partners;
5% on the market value equal to the market valule of the property distributed or allotted or given to the partner or partners under the instrument of dissolution in addition to the duty which would have been chargeable on such dissolution if such property had not been distributed or allotted or given;
b) in any other case.
Rupees five hundred.
Note: Rate of Stamp duty under Art 41 B (a) and 41 C (a) has been reduced to 3% vide Notification issued in G.O.Ms.No.584, Rev (Regn-1) Dept., dt. 30.11.2013 w.e.f. 02.12.2013.
42. Power of 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 relation to a single transaction or for admitting executions of one or more such documents:
Twenty rupees.
b) when authorising one person or more to act in a single transaction other than the case mentioned in clause (a):
Twenty rupees.
c) when authorising not more than five persons to act jointly and severally in more than one transaction or generally:
Fifty rupees
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