The Indian Stamp (Delhi Amendment) Act, 2001

1. (1) This Act may be called the Indian Stamp (Delhi Amendment) Act, 2001.
2. (2) It extends to the whole of the national Capital Territory of Delhi.
3. (3) It shall come in to force on such date as the Lieutenant Governor of the national Capital Territory may, by notification in the Delhi Gazette, appoint.

In the Indian Stamp Act, 1899 as in force in the National Capital Territory of Delhi, for Schedule I-A, the following Schedule shall be substituted, namely:-

1. Short title, extent and commencement (1) This Act may be called the Indian Stamp (Delhi Amendment) Act, 2007. (2) It extends to the whole of the National Capital Territory of Delhi. (3) It shall come into force on such date as the Lieutenant Governor of the National Capital Territory of Delhi may, by notification in the Delhi Gazette, appoint.

2. Amendment of Schedule I-A Amendment of Schedule I-A In the Indian Stamp Act, 1899 (Central Act 2 of 1899) as in force in the National Capital Territory of Delhi, in Schedule I-A, for Article No. 23, the following Article shall be substituted, namely:-

Description of Instrument Proper Stamp Duty

23- CONVEYANCE as defined by section 2

1. (10) not being a transfer charged or exempted under No. 62. Three per cent of the consideration of the market value of the instrument.

"SCHEDULE I-A" Description of Instrument | Proper Stamp Duty 1. ACKNOWLEDGEMENT, of a debt exceeding 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 creditors possession: Provided that such acknowledgement does not contain any promise to pay the debt or any stipulation to pay interest or to deliver any goods or other property. | One rupee 2. ADMINISTRATION BOND, including a bond given under 6 of the Gov. Saving Bank Act, 1873 or sections 291, 375 and 376 of the Indian Succession Act, 1925, (a) Where the amount does not exceed Rs. 1000. | The same duty as Bond No. 15 for such amount (b) In any other case: | One Hundred rupees 3. ADOPTION DEED, that is to say, any instrument (other than a Will), recording an adoption, or conferring or purporting to confer an authority to adopt: | Fifty Rupees ADVOCATE-See Entry as an Advocate (No. 39) 4. AFFIDAVIT, including an affirmation or Declaration in the case of persons by law allowed to affirm or declare instead of Swearing. | Ten rupees Exemptions : Affidavit or declaration in writing when made : (a) As a condition of enrolment under the Army Act, 1950; or Air Force Act, 1950: (b) For the immediate purpose of being filed or used in any court or before the officer of any court : or (c) For the immediate purpose of enabling any person to receive any pension or charitable allowance. 5. AGREEMENT OR MEMORANDUM OF AN AGREEMENT : (a) If relating to the sale of a bill of exchange; | One rupee For every Rs. 10000 or part thereof. (b) If relating to the sale of a government security or share in an incorporated company or other body corporate | One rupee For every Rs. 10000 or part thereof of the value of security or share subject to maximum of Rs. 1000. (c) If not otherwise provided for; | Fifty rupees (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 Govt. for or relating to any loan. 6. AGREEMENT TO LEASE-See Lease (No. 35) : Agreement Relating To Deposit of Title Deed Pawn or Pledge, that is to say, any Instrument evidencing an agreement relating to :- (1) The deposit of title deeds or instruments constituting or being evidence of the title to any property whatever (other than a marketable security), or, (2) The pawn or pledge of movable property, where such deposit, pawn or pledge has been made by way of security for the repayment of money advanced or to be advanced by way of loan or an existing or future debt:- (a) If such loan or debt is repayable on demand or more than three months from the date of the instrument evidencing the agreement:- | 0.5 per cent of the amount secured by such deed, subject to a maximum of fifty thousand rupees. (b) If such loan or debt is repayable not more than three months from the date of such instrument. | Half the duty payable under sub-clause (a). Instrument or pawn or pledge of goods if unattested | One hundred rupees 7. APPOINTMENT IN EXECUTION OF A POWER, whether of trustees or of property, movable or immovable, where made by any writing not being a will | The same duty as Bottomary Bond No. 16 8. 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. 1000. | One hundred rupees (b) In any other case | One hundred rupees (a) Appraisement or valuation made for the information of one party only, and not being in any manner obligatory between parties either by agreement or operation of law. (b) Appraisement of