No. 5 / Stamp Duty 06 / Letter. No. 58/06/1224 Inspector General at Registration & Stamp Maharashtra State, Pune Office, Pune. Date: 10/08/2006 TB, The Superintendent of Stamps, Mumbai. Under: Collection of stamp duty on deeds of agreements concluded before 10/12/1985 Reference: Your letter No BOM/5064/06 of 03/08/2006 Referring to the points raised in the above letter, we explain as follows: For sales contracts concluded before 10.12.1985, stamp duty applied in accordance with section 5(h) of the Bombay Stamp Duty Act 1958 and not section 25 of the Act. This is in line with the Judgment of the High Court of Honorable Mumbai in the Padma Nair V/S Dy case. Collector, Stamps & Adjudication and others. Where State contracts concluded before 10.12.1985 are submitted pursuant to Article 31, the stamp collector may not comment on those agreements in accordance with Article 32(C)(A) and (B). In accordance with Article 33 or the Amnesty Scheme, instead of issuing an order, you can send a letter to the data subjects who have submitted such documents in the following format. „Your deed of sale is executed before 10.12.1985. At the time of the execution of your deed of sale, the contract of sale was not treated as a partial remission and the provision relating to the collection of stamp duty was not applicable at that time.
As such, the agreement shall be deemed to be duly affixed in accordance with Article 5(h). However, it should be noted that whenever you continue to obtain the transfer, you are required to pay the full stamp duty on the current market value of your property, in accordance with the rules. Inspector General of Registration and Controllers of Stamps Maharashtra State, Pune Any sale of securities (delivery on the basis or by other means) on the stock market, including, but not limited to, offer to purchase, open offer or offer to sell, private placements, is subject to stamp duty levied on the market value of securities traded on the stock markets at the time of settlement of the transaction and confiscated by the buyer are approved by the exchange or clearing house concerned, which has been approved by it on behalf of the Land Government. Stamps are generally classified as postage stamps and non-postage stamps. Stamps are used for transactions with post offices and related functions. The following types of stamps are classified as non-stamps. 01. Judicial stamp document 02.
No – Judicial Stamp Paper 03. Printing stamp / special stamp (labels) 04. Court fee stamp 05. Tax stamp 06. Notary stamp 07. Foreign Bill Stamp 08. Brokers Note 09. Insurance policy stamp 10. Share transfer stamp 11. Hundi 12.
Insurance Agency Stamp The characteristics of the different stamps are listed below; New papers are printed on special security paper with special safety colors and printing techniques, modern stamp editions contain fluorescent markings. These are used to sort out deterrence falsification….