The Indian Stamp (Arunachal Pradesh Amendment) Act, 2007

(ACT NO. 05 OF 2007) AN ACT

to amend the Indian Stamp Act, 1899 ( Act No. 2 of 1899)

(in its application to the State of Arunachal Pradesh).

Be it enacted by the Legislative of Arunachal Pradesh in the fifty eighth

year of the Republic of India as follows:

1. (1) This Act may be called the Indian Stamp Act, 1899 (Act No. 2 of Short title,

1899) (in its application to the State of Arunachal Pradesh) Extent and commencement (Arunachal Pradesh Amendment) Act, 2007.

1. (2) It shall extend to whole of Arunachal Pradesh.
2. (3) It shall come into force from the date of its publication in the Arunacha I Pradesh Gazette. (2. In the Indian Stamp Act, 1899 (Act No. 2 of 1899) in its application to the State of Arunachal Pradesh.
3. (1) (i) in section 62, in clause (c), for the words "five hundred rupees", the words "two thousand five hundred rupees" shall be substituted.
   • (ii) in section 62, in sub-section (2), for the words "five hundred rupees", the words "five thousand rupees" shall be substituted.
4. (2) in section 63, for the words "one hundred rupees", the words "five hundred rupees" shall be substituted.
5. (3) in section 64, in clause (c), for the words "five thousand rupees", the words "ten thousand rupees" shall be substituted. Amendment of sections 62, 63, 64, 65, 66, 67, 68,&69.
6. (4) in section 65, in clause (b ), for the words "one hundred rupees", the words "five hundred rupees" shall be substituted.
7. (5) in section 66, in clause (b ), for the words "two hundred rupees", the words "five hundred rupees" shall be substituted.
8. (6) in section 67, for the words "one thousand rupees", the words "two thousand rupees" shall be substituted.
9. (7) in section 68, in clause (c), for the words "one thousand rupees", the words "two thousand rupees" shall be substituted.
10. (8) in section 69, in clause (b), for the words "five hundred rupees", the words "five thousand rupees" shall be substituted.]

Amendment of sections 62, 63,64,65,66, 67,68,&69

In the Indian Stamp Act, 1899 (Act No. 2 of 1899) in its application to the State of Arunachal Pradesh. (1) (i) in section 62, in clause (c), for the words "five hundred rupees", the words "two thousand five hundred rupees" shall be substituted. (ii) in section 62, in sub-section (2), for the words "five hundred rupees", the words "five thousand rupees" shall be substituted. (2) in section 63, for the words "one hundred rupees", the words "five hundred rupees" shall be substituted. (3) in section 64, in clause (c), for the words "five thousand rupees", the words "ten thousand rupees" shall be substituted. (4) in section 65, in clause (b ), for the words "one hundred rupees", the words "five hundred rupees" shall be substituted. (5) in section 66, in clause (b ), for the words "two hundred rupees", the words "five hundred rupees" shall be substituted. (6) in section 67, for the words "one thousand rupees", the words "two thousand rupees" shall be substituted. (7) in section 68, in clause (c), for the words "one thousand rupees", the words "two thousand rupees" shall be substituted. (8) in section 69, in clause (b), for the words "five hundred rupees", the words "five thousand rupees" shall be substituted.

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. ADVOCATE, see Entry as an

Advocate (No. 30)

of person by law allowed to affirm or declare instead of

swearing. Exemptions Affidavit or declaration in writing when made-

1. (a) as a condition of enrolment under the Indian Army Act,

1911(8 of 1911) or the Indian Air Force Act, 1932 (14 of

1932);

1. (b) for the immediate purpose of being filed or used in any Court; or before he officer or any court; or
2. (c) for the sole purpose of enabling any person to receive any pension or charitable allowance

in an incorporated company or other body Corporate;

c) If relating to purchase or sale of shares, scripts, stocks,

bonds,debentures,debenture stocks or any other marketable security of a like nature in or 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 Recognized under the Securities Contracts (Regulation) Act, 1956. (ii) in other cases

1. (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

exceed one thousand rupees

1. (e) If not, otherwise provided for Rs. 50.00 in all cases Rs. 100.00 Rs. 10.00 Rs. 5.00 Subject to maximum of

security or share. Three rupees for every Rs.5,000

purchase or sale as the case may be.

Five rupees for every Rs. 5,000

or part thereof of the value of

the security at the time of its

purchase or sale as the case may be. Rs.5.00 Rs.10.00

Exemptions Agreement or 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 Central Government for or relating to any loan ; Agreement to

Lease : See Lease (No. 35)

OR PLEDGE, that is to say, any instrument evidencing an

agreement relating to-

1) the deposit of title-deeds or instruments constituting

of being evidence of the tile to any property whatever (other than a marketable security); or

security for the repayment of money advanced or to be advanced by way of loan or an existing or future debt,-

1. (a) if such loan or debt is repayable on demand or more

than three months from the date of the instrument

evidencing the agreement. i. if the amount of the loan does not exceed Bs.

ii. if it exceeds Rs. 500 and does not exceed Rs.

1000 and

for every Rs. 1000 or part thereof in excess of

Rs. 1000. iii.

1. (b) if such loan or debt is repayable not more than three

months from the date of such instrument.

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.

b) In any other case

an order of the Court in the course of a suit,

1. (a) where the amount does not exceed Rs.1,000.
2. (b) in any other case Exemptions
3. (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.
4. (b) Appraisement of crops for the purpose of ascertaining the amount to be given to a landlord as rent.

the service or tuition of any apprentice, clerk or servant, placed with any master to learn any profession, trade or employment not being Articles of Clerkship (No. 11). Exemption- Instruments of apprenticeship executed by a

public-charity. Rs. 50.00 Rs. 50.00 Rs. 10.00 Half the duty payable under sub- clause (a) Rs.41.25 Rs.74.25 The same duty as bond (15) for such amount. Rs.50.00 in all cases. Rs.50.00

(a) where the company has no share capital or the nominal share capital does not exceed Rs. 2,500; (b) where the nominal share capital exceeds Rs. 2,500 but does not exceed Bs. 5,000; (c) where the nominal share capital exceeds Rs. 5,000 but does not exceed Rs. 1,00,000; (d) where the nominal share capital exceeds Rs. 1,00,000. Exemptions- Articles of any Association not formed for profit and registered under section 25 of the Companies Act, 1956. See also Memorandum of Association of a Company (No. 39).

ARTICLE OF CLERKSHIP or contract whereby any person first becomes bound to serve as a clerk in order to his admission as an attorney in any High Court.

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 set forth in such award does not exceed Rs. 1,000. (b) in any other case

BILL OF EXCHANGE [as defined by section 2(2) not being a BOND, bank-note or currency note[(b) where payable otherwise than on demand- (i) Where payable not more than three months after date or sight- (a) if the amount of the bill or note does not exceed Rs. 500; (b) it exceeds Rs. 500 but does not exceed Rs. 1,000; (c) and for every additional Rs. 1,000 or part thereof in excess of Rs. 1,000; (ii) where payable more than three months but not more than six months after date or sight (a) if the amount of the bill or note does not exceed Rs. 500; (b) if it exceeds Rs. 500 but does not exceed Rs. 1,000; (c) and for every additional Rs. 1,000 or part thereof in exceeds of Rs. 1,000: (iii) where payable more than six months but not more than nine months after date of sight- (a) if the amount of the bill or note does not exceed Rs. 500; (b) if it exceeds Rs. 500 but does exceed Rs. 1,000; (c) and for every additional Rs. 1,000 or part thereof in exceeds of Rs. 1,000; (iv) where payable more than nine months but not more than one year after date or sight- (a) if the amount of the bill or note does not exceed Rs. 500; (b) if it exceeds Rs.SOD but does not exceed Rs. 1,000 (c) and for every additional Rs. 1,000 or part thereof in exceeds of Rs. 1 ,000; (v) where payable at more than one year after date or sight- (a) if the amount of the bill or note does not exceed Rs.500; (b) if it exceed Rs. 500 but does not exceed Rs. 1,000; (c) and for every additional Rs. 1 ,000 or part thereof in excess of Rs. 1,000

BILL OF LADING (including a through bill of lading) 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 (10 of 1889), and are to be delivered at another place within the limits of the same port.

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 (7 of 1870). (i) where the amount or value secured does not exceed Rs. 10 (ii) Where it exceeds Rs. 10 and does not exceed Rs. 50 (iii) Where it exceeds Rs. 50 and does not exceed Rs. 100 (iv) Where it exceeds Rs. 100 and does not exceeds Rs.20C (v) Where it exceeds Rs. 200 and does not exceeds Rs.300 (vi) Where it exceeds Rs. 300 and does not exceeds Rs. 400 (vii) Where it exceeds Rs. 400 and does not exceeds Rs. 500 (viii) Where it exceeds Rs.500 and does not exceeds Rs. 600 (ix) Where it exceeds Rs. 600 and does not exceeds 8s.700 (x) Where it exceeds Rs.700 and does not exceeds Bs. 800 (xi) Where it exceeds Rs. 800 and does not exceeds Bs. 900 (xii) Where it exceeds Rs. 900 and does not exceeds Rs. 1000 (xiii) and for every Rs. 500 or part thereof in excess of Rs. 1000 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, Section 99 for the due performance of their duties under that Act. (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.

BOTIOMRY 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.

CANCELLATION - Instrument of (including any instrument by which any instrument previously executed is cancelled}, if attested and not otherwise provided for. See also Release (No. 55}, Revocation of Settlement (No. 58-B}, Surrender of Lease (No. 61}, Revocation ofTrust (No. 64-8).

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 o:'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.

CERTIFICATE OR OTH ER 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 to become proprietor of shares, scrip or stock in or of any such company or body. See also Letter of Allotment of Shares (No. 36)

CHARTER" PARTY that is to say, any instrument (except an agreement for the hire of a tug-steamer) 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.

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 benefit of his creditors.

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. 1000.00 (i) Where it exceeds Rs. 1000 but does not exceed Rs. 10,000 (ii) Where it exceeds Rs. 10,000 but does not exceed Rs. 1 ,00,000 (iii) Where it exceeds Rs. 1,00,000 but does not exceed Bs. 3,00,000 (iv) Where it exceeds Rs. 3,00,000 but does not exceed Rs. 5,00,000 (v) Rs.5,00,000 and above. Exemptions- [(a)] Assignment of copyright by entry made under the Indian Copyright Act, 1847(now the Copy right Act, 1957), Section 5. [(b) For the purpose of this article, the portion of duty paid in respect of a document falling under article No. 23A shall be excluded while computing the duty payable in respect of a corresponding document relating to the completion of the transaction in any union territory under this article.] Co-partnership-deed - See partnership (No. 46)

COPY OR EXTRACT, - Certified to be a true copy or extract, 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 rupee; (ii) in any other case ; Exemption: (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.

COUNTER PART 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 one rupee. (b) In any other case. Exemptions: Counterpart of any lease to a cultivator when such lease is exempted from duty.

(a) where the amount does not exceed Rs. 1000: The same duty as a Bond (No. 15) for such amount. (b) in any other case: Rs. 50.00.

(a) by endorsement or by a separate instrument of transfer- (i) where the amount or value does not exceed Rs. 10: 10 paise; (ii) where it exceeds Rs. 10 and does not exceed Rs. 50: 20 paise; (iii) 50: 30 paise; (iv) 100: 75 paise; (v) 200: Rs. 1 and 10 paise; (vi) 300: Rs. 1 and 50 paise; (vii) 400: Rs. 1 and 80 paise; (viii) 500: Rs. 2 and 25 paise; (ix) 600: Rs. 2 and 60 paise; (x) 700: Rs. 3; (xi) 800: Rs. 3 and 40 paise; (xii) 900: Rs. 3 and 75 paise; (xiii) and for every Rs. 500 or part thereof in excess 1000: Rs. 1 and 85 paise. (b) by delivery- (i) where the amount or value of the consideration for such debenture as set forth therein does not exceed Rs. 50: 35 paise; (ii) where it exceeds Rs. 50 but does not exceed Rs. 100: 75 paise; (iii) 100: Rs. 1 and 50 paise; (iv) 200: Rs. 2 and 25 paise; (v) 300: Rs. 3; (vi) 400: Rs. 3 and 75 paise; (vii) 500: Rs. 4 and 50 paise; (viii) 600: Rs. 5 and 25 paise; (ix) 700: Rs. 6; (x) 800: Rs. 6 and 75 paise; (xi) 900: Rs. 7 and 50 paise; (xii) and for every Rs. 500 or part thereof in excess of Rs. 1000: Rs. 3 and 75 paise. Explanation- The term "Debenture" includes any interest coupons attached thereto but the 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 a registered mortgage-deed, duly stamped in respect of the full amount of debentures to be issued there under, 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 debentures so issued are expressed to be issued in terms of the said mortgage-deed. DECLARATION OF ANY TRUST. See TRUST (No. 64)

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 in any warehouse in which goods are stored or deposited on 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 exceeds in value twenty rupees: Rs. 2.00.

that is to say, any instrument by which any person effects the dissolution of his marriage: Rs. 50.00.

(a) in the case of an Advocate or Vakil: Deleted. (b) in the case of an Attorney: Deleted. Exemptions: Entry of an Advocate, Vakil or Attorney on the roll of any High Court when he has previously been enrolled in a High Court.

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

(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 a consideration equal the amount of the further charge secured by 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 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 mortgage and any further charge already made) less the duty already paid on such original mortgage and further charge. (ii) if possession is not so given: The same duty as a Bond (No. 15) for the amount of the further charge secured by such instrument.

not being a Settlement (No.58) or Will or Transfer (No. 62): The same duty as a conveyance (No. 23) for consideration equal to the value of the property as set forth in such instrument.

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

(a) where by such lease the rent is fixed and no premium is paid or delivered- (i) less than one year: The same duty as a Bond (No. 15) for the whole amount payable or deliverable under such lease. (ii) 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) in excess of 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) exceeding ten years, but not exceeding twenty years: The same duty as a Conveyance (No. 23) for a consideration equal to twice the amount or value of the average annual rent reserved. (v) 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) exceeding thirty years, but not exceeding one hundred years: The same duty as a Conveyance (No. 23) for a consideration equal to four times the amount or value of the average annual rent reserved. (vii) exceeding one hundred years, or in perpetuity: The same duty as a conveyance (No. 23) for a consideration equal in the case of a lease granted solely for agricultural purposes to one tenth and in any other case to one-sixth of the whole amount of rents which would be paid or delivered in respect of the first fifty years of the lease. (viii) where the lease does not purport 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 ten years if the lease continued so long. (b) where the lease is granted for a fine or premium or for money advanced 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 advanced 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 where an agreement to lease is stamped with the ad valorem stamp required for a lease and a lease in pursuance of such agreement is subsequently executed, the duty on such lease shall not exceed two rupees. Exemption: Lease, executed in the case of cultivator and for the purpose of cultivation (including a lease of trees for the production of food or drink) without the payment or delivery of any fine or premium, when a definite term is expressed and such term does not exceed one year, or when the average annual rent reserved does not exceed one hundred rupees. In this exemption a lease for the purpose of cultivation shall include a lease of lands for cultivation together with a homestead or tank. Explanation: When lease undertakes to pay any recurring charge, such as Government revenue, landlords share of ceases, or the owner's share of municipal rates of taxes, which is by law recoverable from the lessor, the amounts so agreed to be paid by the lease shall be deemed to be part of the rent. (o money advanced and where no rent is reserved. c) where the lease is granted for a fine or premium or for money advanced in addition to rent reserved. Exemption: Lease, executed in the case of cultivator and for the purpose of cultivation and for the purpose of cultivation (including a lease of trees for the production of food or drink) without the payment or, delivery of any line or premium, when a definite term is expressed and such term does not exceed one year, or when the average annual rent reserved does not exceed one hundred rupees. In this exemption a lease for the purpose of cultivation shall include a lease of lands for cultivation together with a homestead or tank. Explanation: When lease undertakes to pay any recurring charge, such as Government revenue, landlords share of ceases, or the owner's share of municipal rates of taxes, which is by law recoverable from the lessor, the amounts so agreed to be paid by the lease shall be deemed to be part of the rent. (No. 23) for a consideration equal to the amount or value of such fine or premium or advanced as set forth in the lease. 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 it no fine or premium or advance had been paid or delivered ; Provided that, in any case where an agreement to lease is stamped with the ad valorem stamp required for a lease and a lease in pursuance of such agreement is subsequently executed, the duty on such lease shall not exceed two rupees.

LEDER OFALLOTMENT OF SHARES, company, or in respect of any loan to be raised by any company or proposed company. Rs.2.00

LEDER OF CREDIT any instrument by which one person authorizes another to give credit to the person in whose favour it is drawn. LEDER OF GUARANTEE. See AGREEMENT (No. 5). Rs 1

LEDER OF LICENCE, any agreement between a debtor and his creditors that the latter shall, for a specified time, suspend their claims and allow the debtor to carry on business at his own discretion. Rs. 50.00

(a) if accompanied by articles of association under section 26 of the Companies Act, 1956: Rs. 200.00; (b) if not so accompanied- (i) where the nominal share capital does exceed one lakh of rupees: Rs. 500.00; (ii) where the nominal share capital does not exceed one lakh of rupees: Rs. 800.00.

not being (AN AGREEMENT RELATING TO DEPOSIT OF TITLE. DEED, PAWN OR PLEDGE (No. 6), BOTIOMRY BOND {No. 16), MORTGAGE OF A CROP {No. 41) RESPONDENTIA BOND {No. 56), OR SECURITY BOND (No. 57) (a) when possession of the property or any part of the property comprised in such deed is given by the mortgagor or agreed to be given. (i) where the amount or value of the consideration for such conveyance as set forth therein does not exceed Rs 1000: Rs 10 (ii) where it exceed Rs 1000: 1% (b) when possession is not given or agreed to be given as aforesaid; The same duty as a Bond (No.15) for the amount secured by such deed. Explanation: A mortgagor who gives to the mortgagee a power-of-attorney to collect rents or a lease of the property mortgaged or part thereof, is deemed to give possession within the meaning of this Article. (c) when a collateral or auxiliary or additional or substituted security, or by way of further assurance by the above mentioned purpose where the principal or primary security is duly stamped (i) for every sum secured not exceeding Rs. 1000: Rs.5.00 (ii) and for every Rs. 1000 or part there of secured in excess of Rs. 1000: Rs. 5.00. Exemptions: (1) Instrument, executed by persons taking advances under he lands Improvement Loans Act, 1883 {10 of 1883) or the Agriculturists Loan Act, 1884 (12 of 1884) or by their sureties as security for the repayment of such advance. (2) Letter of hypothecation accompanying a bill of exchange.

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 lime of the mortgage- (a) when the loan is repayable not more than three months from the date of the instrument (i) for every sum secured not exceeding Rs. 200: Rs. 1.00 (ii) and for every Rs. 200 or part thereof secured in excess of Rs. 200: Rs. 2.00 (b) When the loan is repayable more than three months, but not more than eighteen months for the date of the instrument. (i) for every sum secured not exceeding Rs.100: Rs. 2.00 (ii) and for every Rs. 100 or part thereof secured in excess of Rs. 100: Rs. 2.00

that is to say, any instrument, endorsement, note, attestation, certificate or entry not being a Protest (No. SO) 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.SO). Rs. 10.00

sent by a Broker or Agent to his principal intimating the purchase or sale on account o, such principal- (a) of any goods exceeding in value Rs. 20: Rs. 1.00 (b) of any stock or marketable security exceeding in value twenty rupees: Rs.2 for every Rs. 5,000 or part thereof of the value of the stock as security subject to a maximum of forty rupees.

See also Protest by the Master of a Ship. (No. 51 ) Order for the payment of Money See Bill of Exchange (No. 13). Rs. 5

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 shares or shares d the property. N.B. : The largest share remaining after the property is partitioned (or, if there are two or more shares of equal value and not smaller than any of the other share, 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 partition is effected in pursuance of such agreement the duty chargeable upon the instrument affecting such partition shall be reduced by the amount of duty paid in respect of first instrument but shall not be less than four 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 an 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 rupees four.

(A)- INSTRUMENT OF- (a) where the capital of the partnership does not exceed Rs. 1,000: The same duty as (Bond No. 15). (b) in any other case: Rs. 100.00 (B)- Dissolution of- Rs.50.00 Pawn or Pledge - See Agreement relating to deposit of Title deeds Pawn or Pledge (No. 6).

A-SEA INSURANCE (See section 7) (1) for or upon any voyage- (i) where the premium or consideration does not exceed the rate of one-eights per centum o, the amount insured by the policy: Five paise (ii) in any other case, in respect of every full sum of one thousand live hundred rupees and also any fractional part of one thousand five hundred rupees insured by the policy: Five paise (2) for time- (i) in respect of every full sum of one thousand rupees and also any fractional part of one thousand rupees insured by the policy: (ii) where the insurance shall be made for any time not exceeding six months: Five paise (iii) where the insurance shall be made for any time exceeding six months and not exceeding twelve months: Ten paise B.- FIRE-INSURANCE AND OTHER CLASSES OF INSURANCE, NOT ELSEWHERE INCLUDED IN TH IS ARTICLE, COVEBING GOODS, MERCHANDISE, PEBSONAL EFFECTS, (BOPS 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: Ten paise (ii) in any other case: Twenty five paise (2) in respect of each receipt for any payment of a premium on any renewal of an original policy: Fifty paise C. - ACCIDENT AND SICKNESS INSURANCE- (a) against railway accident, valid for a single Journey only: Five paise Exemption: When issued to a passenger traveling by the 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 Bs. 1,000 or part thereof: Ten paise provided that, in case of a policy of insurance against death by accident when the annual premium payable does not exceed Rs. 2.50 per Rs. 1000, the duty on such instrument shall be five paise for every Rs. 1,000 or part thereof the maxi mum amount which may become payable under it. CC- INSURANCE BY WAY OF INDEMNITY against liability to pay daages on account of accident 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: five paise. D.- LIFE INSURANCE I OR GBOUP INSURANCE OR OTHER INSURANCE NOT SPECIFICALLY PROVIDED FOR, except such a [table content continues]

(a) when executed for the sole purpose of procuring the registration one or more documents in relation to a single transaction or for admitting execution of one or more such documents; (b) when required in suits or proceedings under the Presidency Small Cause Courts Act, 1882 (15 of 1882); (c) when authorizing one person or more to act in a single transaction other than the case mentioned in clause (a); (d) when authorizing more than five persons to act jointly and severally in more than one transaction or generally; (e) when authorizing more than five but not more than ten persons to act jointly and severally in more than one transaction or generally; (f) when given for consideration and authorizing the attorney to sell any immovable property; (g) in any other case. Explanation - For the purposes of this Article more persons than one when belonging to the same firm shall be deemed to be one person. N.B.- The term 'registration' includes every operation incidental to registration under the Registration Act, 1908 (16 of 1908).

(a) when payable on demand (i) when the amount or value does not exceed Rs. 250; (ii) when the amount or value exceeds Rs. 250 but does not exceed Rs. 1,000; (iii) in any other case. (b) when payable otherwise than on demand.

that is to say, any declaration in writing made by a Notary Public, or other person lawfully acting as such attesting the dishonor of a Bill of Exchange or promissory note.

that is to say, any declaration of the particulars of her voyage drawn up by him with a view to the adjustment of losses of the calculation of averages and every declaration in writing made by him against the charterers of the consignees for not loading or unloading the ship, when such declaration is attested or certified by a Notary Public or other person lawfully acting as such. See also Note of Protest by the Master of Ship (No. 44).

empowering any person to vote at any one election of the members of a district or a local board or of a district or local board or of a body of municipal commissioners, or at any one meeting of, (a) members of an incorporated company or other body corporate whose stock or funds is or are divided into shares and transferable, (b) a local authority, or (c) proprietors, members or contributors to the funds of any institution.

[as defined by section 2(23)] for any money or other Property the amount or value of which exceeds five thousand rupees. Exemptions: Receipt- (a) endorsed on or contained in any instrument duly stamped [or any instrument exempted] under the proviso to section 3 (instruments executed on behalf of the Government) [or any cheque or bill of exchange payable on demand] acknowledging the receipt of the consideration money, Interest or annuity or other periodical payment thereby secured; (b) for any payment of money without consideration; (c) for any payment of rent by a cultivator on account of land assessed to Government revenue, or [in the States of Madras, Bombay and Andhra] (as they existed immediately before the 1st November, 1956) or Inam lands; (d) for pay or allowances by non-commissioned [or petty] officer, soldiers, [sailors] or airmen of 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 the sum comprised in the receipt has been assigned is a non-commissioned [or petty] officer, [soldier, [sailor] or airman], of [any of the said forces], and serving in such capacity; (f) for pensions or allowances by person, receiving such pensions or allowances in respect of their service as such non-commissioned [or petty] officers, [soldiers, [sailors] or airmen], and not serving the Government in any other capacity; (g) given by a 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 for. Provided also that this exemption shall not extend to a receipt or acknowledgement for any sum paid or deposited for or upon a letter of allotment of a share, or in respect of a call upon any scrip or share of, or 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.

(a) if the consideration for which the property does not exceed Rs. 1,000; 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 Rs.60.00

that is to say, any instrument not being such a release as is provided for by section 23A whereby a person renounces a claim upon another person or against any specified property (a) if the amount or value of the claim does not exceed Rs 1 000 Rs.60.00 (b) in any other case The same duty as a bond (No 15) for such amount or value as set forth in the release. Rs 30.00

that is to say, any instrument securing loan on the cargo laden bond (No. 15) or to be laden on board a ship and a making the amount of the repayment contingent on the arrival of the loan secured. cargo at the port of des ti nation ~VOCATION OF ANY TRUST OB SETILEMENT See Settlement (No. 58); Trust (No. 64) The same duty as a bond (No. 15) for the amount f the loan secured

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 doe not exceed Rs 1000. The same duty as a Bond (No. 15) for the amount secured. (b) in any other case Rs.30.00 Exemptions: Bond or other instrument, when executed (a) by headmen 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) by any person {or 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; (c) under No. 34 of the rules made by the State Government under section 70 of the Bombay Irrigation Act, 1879; (d) executed by persons taking advances under the Land Improvement Loans Act, 1 883 (19 of 1883), or the Agriculturist' Loan Act, 1884 (12 o{ 1884), or by their sureties, as security for the repayment of such advances; (e) executed by officers of the 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.

(whether with or without consideration) [(a) of shares in an incorporated company or other body corporate; 25 paise for every hundred rupees or part thereof of the value of the share. {b) of debentures, being marketable Securities, whether the debenture is liable to duty or not, except debentures provided for by section 8; One-half of the duty payable on a conveyance (No. 23) for a consideration equal to the face amount of the debentures. {c) of any interest secured by a bond, mortgage-deed or policy of insurance, i) if the duty on such bond, mortgage deed or policy does not exceed live rupees; The duty with which such bond, mortgage-deed or policy of insurance is chargeable. {ii) in any other case Five rupees. (d) of any property under the Administrator General's 1874 {2 of 1 874). section 31; Ten rupees. {e) of any trust-property without consideration from one trustee to another trustee or from a trustee to beneficiary Five rupees or such smaller amount as may be chargeable under clauses {a) to (c) of this Article. 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 merchantile document of title to goods; {c) of a policy of insurance; {d) of securities of the Central Government.

by way of assignment and not by way of under-lease The same duty as a Conveyance {No. 23) for a consideration equal to the amount of the consideration for the transfer. Exemption: Transfer of any lease exempt from duty.

{A)- Declaration 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 Rs. 50. B) - Revocation of, or concerning, any property when made by any instrument other than 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 Bs. SO. See also Settlement (No. SB) Valuation See Appraisement (No. 8) Vakil See Entry as a Vakil (No. 30)

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]. Rs. 3.00