Vidhi Codex

The Indian Stamp (Chhattisgarh Amendment) Act, 1899

The Indian Stamp (Chhattisgarh Amendment) Act, 1899

Tax189997 sections8 chapters

The Indian Stamp Act, 1899 regulates the levy and collection of stamp duties on a wide range of legal, commercial, and financial instruments, including property conveyances, bonds, bills of exchange, insurance policies, and stock exchange transactions. It applies to individuals, corporations, financial institutions, stock exchanges, and public authorities executing or registering written and electronic agreements throughout India. This legislation is vital because it standardizes revenue generation for state governments, specifies rules for proper document execution, and determines whether an instrument is legally valid and admissible as evidence in court proceedings.

Start reading →Read full ActSections

Chapter I PRELIMINARY →

  1. 1Short title, extent and commencement.
  2. 2Definitions.

Chapter II CHAPTER II →

  1. 3Instruments chargeable with duty.
  2. 3A[Repealed.].
  3. 4Several instruments used in single transaction of sale, mortgage or settlement.
  4. 5Instruments relating to several distinct matters.
  5. 6Instruments coming within several descriptions in Schedule I.
  6. 7Policies of sea-insurance.
  7. 8Bonds, debentures or other securities issued on loans under Act XI of 1879.
  8. 8ASecurities dealt in depository not liable to stamp-duty.
  9. 8BCorporatisation and demutualisation schemes and related instruments not liable to duty.
  10. 8CNegotiable warehouse receipts not liable to stamp duty.
  11. 8DAgreement or document for assignment of receivables not liable to stamp duty.
  12. 8EConversion of a branch of any bank into a wholly owned subsidiary of bank or transfer of shareholding of a bank to a holding company of bank not liable to duty.
  13. 8FAgreement or document for transfer or assignment of rights or interest in financial assets not liable to stamp duty.
  14. 8GStrategic sale, disinvestment, etc., of immovable property by Government company not liable to stamp duty.
  15. 9Power to reduce, remit or compound duties.
  16. 9AInstruments chargeable with duty for transactions in stock exchanges and depositories.
  17. 9BInstruments chargeable with duty for transactions otherwise than through stock exchanges and depositories.
  18. 10Duties how to be paid.
  19. 11Use of adhesive stamps.
  20. 12Cancellation of adhesive stamps.
  21. 13Instruments stamped with impressed stamps how to be written.
  22. 14Only one instrument to be on same stamps.
  23. 15Instrument written contrary to section 13 or 14 deemed unstamped.
  24. 16Denoting duty.
  25. 17Instrument executed in India.
  26. 18Instruments other than bills and notes executed out of India.
  27. 19Bills and notes drawn out of India.
  28. 20Conversion of amount expressed in foreign currencies.
  29. 21Stock and marketable securities how to be valued.
  30. 22Effect of statement of rate of exchange or average price.
  31. 23Instruments reserving interest.
  32. 23ACertain instruments connected with mortgages of marketable securities to be chargeable as agreements.
  33. 24How transfer in consideration of debt, or subject to future payment, etc., to be charged.
  34. 25Valuation in case of annuity, etc.
  35. 26Stamp where value of subject-matter is indeterminate.
  36. 27Facts affecting duty to be set forth in instrument.
  37. 28Direction as to duty in case of certain conveyances.
  38. 29Duties by whom payable.
  39. 30Obligation to give receipt in certain cases.

Chapter III ADJUDICATION AS TO STAMPS →

  1. 31Adjudication as to proper stamp.
  2. 32Certificate by Collector.

Chapter IV INSTRUMENTS NOT DULY STAMPED →

  1. 33Examination and impounding of instruments.
  2. 34Special provision as to unstamped receipts.
  3. 35Instruments not duly stamped inadmissible in evidence, etc.
  4. 36Admission of instrument where not to be questioned.
  5. 37Admission of improperly stamped instruments.
  6. 38Instruments impounded how dealt with.
  7. 39Collector's power to refund penalty paid under section 38, sub-section (1).
  8. 40Collector's power to stamp instruments impounded.
  9. 41Instruments unduly stamped by accident.
  10. 42Endorsement of instruments on which duty has been paid under sections 35, 40 or 41.
  11. 43Prosecution for offence against Stamp-law.
  12. 44Persons paying duty or penalty may recover same in certain cases.
  13. 45Power to Revenue-authority to refund penalty or excess duty in certain cases.
  14. 46Non-liability for loss of instruments sent under section 38.
  15. 47Power of payer to stamp bills, and promissory notes received by him unstamped.
  16. 48Recovery of duties and penalties.

Chapter V ALLOWANCES FOR STAMPS IN CERTAIN CASES →

  1. 49Allowance for spoiled stamps.
  2. 50Application for relief under section 49 when to be made.
  3. 51Allowance in case of printed forms no longer required by Corporations.
  4. 52Allowance for misused stamps.
  5. 53Allowance for spoiled or misused stamps how to be made.
  6. 54Allowance for stamps not required for use.
  7. 54AAllowances for stamps in denominations of annas.
  8. 54BAllowances for Refugee Relief stamps.
  9. 55Allowance on renewal of certain debentures.

Chapter VI REFERENCE AND REVISION →

  1. 56Control of, and statement of case to, Chief Controlling Revenue-authority.
  2. 57Statement of case by Chief Controlling Revenue-authority to High Court.
  3. 58Power of High Court to call for further particulars as to case stated.
  4. 59Procedure in disposing of case stated.
  5. 60Statement of case by other Courts to High Court.
  6. 61Revision of certain decisions of Courts regarding the sufficiency of stamps.

Chapter VII CRIMINAL OFFENCES AND PROCEDURE →

  1. 62Penalty for executing, etc., instrument not duly stamped.
  2. 62APenalty for failure to comply with provisions of section 9A.
  3. 63Penalty for failure to cancel adhesive stamp.
  4. 64Penalty for omission to comply with provisions of section 27.
  5. 65Penalty for refusal to give receipt, and for devices to evade duty on receipts.
  6. 66Penalty for not making out policy or making one not duly stamped.
  7. 67Penalty for not drawing full number of bills or marine policies purporting to be in sets.
  8. 68Penalty for post-dating bills, and for other devices to defraud the revenue.
  9. 69Penalty for breach of rule relating to sale of stamps and for unauthorised sale.
  10. 70Institution and conduct of prosecutions.
  11. 71Jurisdiction of Magistrates.
  12. 72Place of trial.

Chapter VIII SUPPLEMENTAL PROVISIONS →

  1. 73Books, etc., to be open to inspection.
  2. 73APower of Central Government to make rules.
  3. 73BPower to issue directions and to authorise certain authorities to issue instructions, etc.
  4. 74Powers to make rules relating to sale of stamps.
  5. 75Powers to make rules generally to carry out Act.
  6. 76Publication of rules.
  7. 76ADelegation of certain powers.
  8. 77Saving as to court-fees.
  9. 77ASaving as to certain stamps.
  10. 78Act to be translated, and sold cheaply.
  11. 79[Repealed.].

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