Duties by whom payable

In the absence of an agreement to the contrary the expense of providing the proper stamp shall be borne,-

1. (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. 14 (Bond), No. 15 (Bottomry Bond), No. 25 (Customs Bond), No. 30 (Further charge-instrument of) No. 32 (Indemnity Bond), No. 37 (Mortgage deed), No. 48 (Release), No. 49 (Respondentia Bond), No. 50 (Security bond or Mortgage-deed), No. 51 (Settlement), -by the person drawing, making or executing such instrument;
2. (b) in the case of a conveyance (including a re-conveyance of mortgaged Property) - by the grantee; in the case of a lease or agreement to lease by the lessee or intended lessee; 1 (bb) in the case of a leave and licence agreement-by licence.
3. (c) in the case of a counterpart of a lease-by the lessor; 2 (cc) in the case of Bank Guarantee, Licence relating to arms and amunitions, Limited Liability Partnership (LLP)- by the person in favour of whom instrument is executed.
4. (d) in the case of an instrument of exchange--by the parties in equal shares;
5. (e) in the case of certificate of sale--by the purchaser of the property to which such certificate relates;
6. (f) in the case of an instrument 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; 3 (ff) in the case of a works contract or a sub-contract--by the Contractor or sub-contractor, as the case may be;
7. (g) in the case of any other instrument chargeable with stamp duty under this Act--by the person executing the instrument.