Bare Act

The Indian Stamp (Manipur Amendment) Act, 1979

Tax197917 sections

The Indian Stamp (Manipur Amendment) Act, 1979 modifies the application of the national Indian Stamp Act of 1899 within the state of Manipur. It regulates the mandatory stamp duty fees payable on various legal, financial, and commercial instruments executed in the state, including affidavits, adoption deeds, agreements, bonds, bills of exchange, bills of lading, sale certificates, and partnership dissolutions. Applying to individuals, businesses, legal practitioners, and institutions executing formal legal documents in Manipur, this legislation updates statutory rates and specific fee exemptions. It matters because it ensures proper revenue collection for the state government while establishing legally enforceable document standards across financial and legal transactions.

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