Duties by whom payable

In the absence of an agreement to the contrary, the expense of providing the proper stamp shall be borne,- (a) in the case of any instrument described in any of the following Articles of the Schedule, namely:- No 2 (Administration Bond), No. 6 (Agreement relating to deposit of title deeds, pawn or pledge), No. 13 (Bond), No. 14 (Bottomry Bond), No. 24 (Customs Bond), No. 29 (Further Charge), No. 31 (Indemnity Bond), No. 36 (Mortgage deed), No. 47 (Release), No. 48 (Respondentia Bond), No. 49 (Security Bond or Mortgage deed), No. 50 (Settlement), No. 54 (Transfer of any interest secured by a bond or mortgage deed), by the person drawing, making or executing such instrument; (b) In the case of a conveyance (including a reconveyance of mortgaged property) by the grantee; in the case of a lease or agreement to lease by the lessee or intended lessee; (c) in the case of a counterpart of lease by the lessor; (d) in the case of an instrument of exchange by the parties in equal shares; (e) in the case of a certificate of sale by the purchaser of the property to which such certificate relates; and (f) in the case of an instruments of partition by the parties thereto in proportion to their respective shares in the whole property partitioned, or, when the partition is made in execution of an order passed by a Revenue authority or Civil Court or arbitrator, in such proportion as such authority, Court or arbitrator directs. not being a settlement or Will or transfer: The same duty as a conveyance (No. 21) for a consideration equal to the value of the property as set forth in the instrument.