|
10.
Articles of Association of a Company.
Exemption.
Articles
of any association not formed for profit and registered under the Companies
Act, 1956 (Central Act I of 1956). [See. also Memorandum of Association of a
Company (No. 34).]
|
One
hundred rupees.
|
|
11. Articles
of Clerkship or Contract, whereby any person first becomes bound to serve as
a clerk in order to his admission as an attorney in the Andhra Pradesh High
Court.
|
Three
hundred seventy-five rupees.
|
|
12. Award,
that is to say, any decision in writing by an arbitrator or umpire, not being
an award directing a partition, on a reference made otherwise than by an
order of the Court in the course of a suit--
|
|
|
(a) where
the amount or value of the property to which the award relates, as set forth
in such award, does not exceed Rs. 1,000;
(b) if it
exceeds Rs. 1,000, but does not exceed Rs. 5,000;
and for
every additional Rs. 1,000 or part thereof in excess of Rs. 5,000.
|
The same
duty as a Bottomry Bond (No. 14) for such amount.
Twenty
rupees.
One rupee
subject to a maximum of one hundred rupees.
|
|
13. Bond
[as defined by section 2 (5)], not being a debenture and not being otherwise
provided for by this Act, or by the Andhra Court-fees and Suits Valuation
Act, 1956 (Andhra Act VII of 1956);
|
|
|
where the
amount or value secured does not exceed Rs. 10.
|
Twenty-five
naye paise.
|
|
where it
exceed Rs. 10 and does not exceed Rs. 50.
|
Fifty naye
paise.
|
|
where it
exceeds Rs. 50 and does not exceed Rs. 100.
|
One rupee.
|
|
where it
exceeds Rs. 100 and does not exceed Rs. 200.
|
'Two
rupees fifty naye paise.
|
|
where it
exceeds Rs. 200 and does not exceed Rs. 300.
|
Three
rupees seventy-five naye paise.
|
|
where it
exceeds Rs. 300 and does not exceed Rs. 400.
|
Five
rupees.
|
|
where it
exceeds Rs. 400 and does not exceed Rs. 500.
|
Six rupees
twenty-five naye paise.
|
|
where it
exceeds Rs. 500 and does not exceed Rs. 600.
|
Nine
rupees.
|
|
where it
exceeds Rs. 600 and does not exceed Rs. 700.
|
Ten rupees
fifty naye paise-
|
|
where it
exceeds Rs. 700 and does not exceed Rs. 800.
|
Twelve
rupees.
|
|
where it
exceeds Rs. 800 and does not exceed Rs. 900.
|
Thirteen
rupees fifty naye paise.
|
|
where it
exceeds Rs. 900 and does not exceed Rs. 1,000.
|
Fifteen
rupees.
|
|
and for
every Rs. 500 or part thereof in excess of Rs. 1,000..
|
Seven
rupees fifty naye paise.
|
|
Exemption.
Bond, when
executed by any person for the purpose of guaranteeing that the local income
derived from private subscriptions to a charitable dispensary or hospital or
any other object of public utility, shall not be less than a specified sum
per mensem.
|
|
|
14.
Bottomry bond, that is to say, any instrument whereby the master of a
sea-going ship borrows money on the security of the ship to enable him to
preserve the ship or prosecute her voyage--
|
|
|
where the
amount or value secured does not exceed Rs. 10.
|
Forty naye
paise.
|
|
where it
exceeds Rs. 10 and does not exceed Rs. 50.
|
Seventy-five
naye paise.
|
|
where it
exceeds Rs. 50 and does not exceed Rs. 100.
|
One rupee
fifty naye paise.
|
|
where it
exceeds Rs. 100 and does not exceed Rs. 200.
|
Three
rupees.
|
|
where it
exceeds Rs. 200 and does not exceed Rs. 300.
|
Four
rupees fifty naye paise.
|
|
where it
exceeds Rs. 300 and does not exceed Rs. 400.
|
Six
rupees.
|
|
where it
exceeds Rs. 400 and does not exceed Rs. 500.
|
Seven
rupees fifty naye paise.
|
|
where it
exceeds Rs. 500 and does not exceed Rs. 600.
|
Nine
rupees.
|
|
where it
exceeds Rs. 600 and does not exceed Rs. 700.
|
Ten rupees
fifty naye paise.
|
|
where it
exceeds Rs. 700 and does not exceed Rs. 800.
|
Twelve
rupees.
|
|
where it
exceeds Rs. 800 and does not exceed Rs. 900.
|
Thirteen
rupees fifty naye paise.
|
|
where it
exceeds Rs. 900 and does not exceed Rs. 1,000.
|
Fifteen
rupees.
|
|
and for
every Rs. 500 or part thereof in excess of Rs. 1,000.
|
Seven
rupees fifty naye paise.
|
|
15.
Cancellation.--Instrument of (including any instrument by which any
instrument previously executed is cancelled), if attested and not otherwise
provided for.
|
Fifteen
rupees.
|
|
16.
Certificate of sale.--(In respect of each property put up as a separate lot
and sold), granted to the purchaser of any property sold by public auction by
a Civil or Revenue Court, or Collector or other Revenue Officer--
|
|
|
(a) where
the purchase-money does not exceed Rs. 10.
(b) where
the purchase-money exceeds Rs. 10, but does not exceed Rs. 25.
(c) in any
other case .. ..
|
Forty naye
paise.
Seventy-five
naye paise.
The same
duty as a Conveyance (No. 20) for a consideration equal to the amount of the
purchase-money only.
|
|
17.
Certificate or other document evidencing the right or title of the holder
thereof, or any other person, either to any shares, scrip or stock in or of
any incorporated company or other body corporate or to become proprietor of
shares, scrip or stock in or of any such company or body.
|
Twenty
naye paise.
|
|
18.
Charter Party, that is to say, any instrument (except an agreement for the
hire of a tug-steamer), whereby a vessel or some specified principal part
thereof is let for the specified purposes of the charterer, whether it
includes a penalty clause or not.
|
Three
rupees.
|
|
19.
Composition-deed, that is to say, any instrument executed by a debtor whereby
he conveys his property for the benefit of his creditors, or whereby payment
of a composition or dividend on their debts is secured to the creditors, or
whereby provision is made for the continuance of the debtor's business, under
the supervision of inspectors or under letters of licence, for the benefit of
his creditors.
|
Twenty-two
rupees fifty naye paise.
|
|
20.
Conveyance [as defined by section 2 (10)], not being a transfer charged or
exempted under No. 53--
where the
amount or value of the consideration for such conveyance as set forth therein
does not exceed Rs. 50;
|
One rupee,
fifty naye paise.
|
|
where it
exceeds Rs. 50 but does not exceed Rs. 100;
|
Three
rupees.
|
|
where it
exceeds Rs. 100, but does not exceed Rs. 200;
|
Six
rupees.
|
|
where it
exceeds Rs. 200, but does not exceed Rs. 300;
|
Nine
rupees.
|
|
where it
exceeds Rs. 300, but does not exceed Rs. 400;
|
Twelve
rupees.
|
|
where it
exceeds Rs. 400, but does not exceed Rs. 500;
|
Fifteen
rupees.
|
|
where it
exceeds Rs. 500, but does not exceed Rs. 600;
|
Eighteen
rupees.
|
|
where it
exceeds Rs. 600, but does not exceed Rs. 700;
|
Twenty-one
rupees.
|
|
where it
exceeds Rs. 700, but does not exceed Rs. 800;
|
Twenty-four
rupees.
|
|
where it
exceeds Rs. 800, but does not exceed Rs. 900;
|
Twenty-seven
rupees.
|
|
where it
exceeds Rs. 900, but does not exceed Rs. 1,000.
|
Thirty
rupees.
|
|
and for
every Rs. 500 or part thereof in excess of Rs. 1,000.
|
Fifteen
rupees.
|
|
Exemption.
Assignment
of copyright under the Copyright Act, 1957 (Central Act 14 of 1957), section
18.
|
|
|
21. Copy
or extract, certified to be a true copy or extract by or by order of any
public officer and not chargeable under the law for the time being in force
relating to court fees--
(i) if the
original was not chargeable with duty, or if the duty with which it was
chargeable does not exceed one rupee;
(ii) in
any other case .. ..
|
One rupee
fifty naye paise.
Three
rupees.
|
|
Exemptions.
|
|
|
(a) Copy
of any paper which a public officer is expressly required by law to make or
furnish for record in any public office or for any public purpose.
|
|
|
(b) Copy
of, or extract from, any register relating to births, baptisms, namings,
dedications, marriages, divorces, deaths or burials.
|
|
|
22.
Counterpart or duplicate of any instrument, chargeable with duty and in
respect of which the proper duty has been paid--
(a) If the
duty with which the original instrument is chargeable does not exceed three
rupees.
(b) in any
other case
|
The same
duty as is payable on the original.
Three
rupees.
|
|
Exemption.
|
|
|
Counterpart
of any lease granted to a cultivator, when such lease is exempted from duty.
|
|
|
23.
Customs Bond--
(a) where
the amount does not exceed Rs. 1,000.
(b) in any
other case
|
The same
duty as a Bottomry Bond (No. 14) for such amount.
Twenty
rupees.
|
|
24.
Delivery order in respect of goods, that is to say, any instrument entitling
any person therein named, or his assigns or the holder thereof, to the
delivery of any goods lying in any dock or port or any warehouse in which
goods are stored or deposited on rent or hire, or upon any wharf, such
instrument being signed by or on behalf of the owner of such goods, upon the
sale or transfer of the property therein, when such goods exceed in value
twenty-rupees.
|
Ten naye
paise.
|
|
25.
Divorce--Instrument, that is to say, any instrument by which any person
effects the dissolution of his marriage.
|
Three
rupees.
|
|
28. Entry
as an Advocate or Attorney on the roll of the Andhra Pradesh High Court,
under the Indian Bar Councils Act, 1926 (Central Act XXXVIII of
|
|
|
1926), or
in exercise of powers conferred on such Court by Letters Patent or by the
Legal Practitioners Act, 1879 (Central Act XVIII of 1879)--
|
|
|
(a) in the
case of an Advocate (b) in the case of an Attorney
|
Six
hundred and twenty five rupees, or if previously enrolled as an Attorney in
the same or any other High Court, three hundred and twelve rupees, fifty naye
paise.
Three
hundred and twelve rupees, fifty naye paise.
|
|
Exemptions.
|
|
|
(a) Entry
as an Advocate on the roll of the Andhra Pradesh High Court when he has been
previously enrolled as a Vakil in the same High Court or as an Advocate or
Vakil in any other High Court.
(b) Entry
as an Attorney on the roll of the Andhra Pradesh High Court when he has been
previously enrolled as an Advocate or Vakil in the same High Court or as an
Advocate, Vakil or Attorney in any other High Court.
|
|
|
27.
Exchange of property--Instrument of.
28.
Further charge--Instrument of, that is to say, any instrument imposing a
further charge on mortgaged property--
(a) when
the original mortgage is one of the description referred to in clause (a) of
Article 35 (that is, with possession).
|
The same
duty as a Conveyance (No. 20) for a consideration equal to the value of the
property of greater value as set forth in such instrument.
The same
duty as a Conveyance (No. 20) for a consideration equal to the amount of the
further charge secured by such instrument.
|
|
(b) when
such mortgage is one of the description referred to in clause (i) of Article
35 (that is, without possession)--
(i) if at
the time of execution of the instrument of further charge possession of the
property is given or agreed to be given under such instrument;
|
The same
duty as a Conveyance (No. 20) for a consideration equal to the total amount
of the charge (including the original mortgage and any further charge already
made), less the duty already paid on such original mortgage and further
charge.
|
|
(ii) if
possession is not so given ..
|
The same
duty as a Bottomry Bond (No. 14) for the amount of the further charge secured
by such instrument.
|
|
29.
Gift.-- Instrument of, not being a Settlement (No. 49) or Will or Transfer
(No. 53).
30.
Indemnity Bond
|
The same
duty as a Conveyance (No. 20) for a consideration equal to the value of the
property as set forth in such instrument.
The same
duty as a Security Bond (No. 48) for the same amount.
|
|
31. Lease,
including an under-lease or sub-lease and any agreement to let or sublet--
(a) where
by such lease the rent is fixed and no premium is paid or delivered--
(i) where
the lease purports to be for a term of less than one year;
|
The same
duty as a Bottomry Bond (No. 14) for the whole amount payable or deliverable
under such lease.
|
|
(ii) where
the lease purports to be for a term of not less than one year, but not more
than five years;
|
The same
duty as a Bottomry Bond (No. 14) for the amount or value of the average
annual rent reserved.
|
|
(iii)
where the lease purports to be for a term exceeding five years and not
exceeding ten years;
|
The same
duty as a Conveyance (No. 20) for a consideration equal to the amount or
value of the average annual rent reserved.
|
|
(iv) where
the lease purports to be for a term exceeding ten years, but not exceeding
twenty years;
|
The same
duty as a Conveyance (No. 20) for a consideration equal to twice the amount
or value of the average annual rent reserved.
|
|
(v) where
the lease purports to be for a term exceeding twenty years, but not exceeding
thirty years;
|
The same
duty as a Conveyance (No. 20) for a consideration equal to three times the
amount or value of the average annual rent reserved.
|
|
(vi) where
the lease purports to be for a term exceeding thirty years, but not exceeding
one hundred years;
|
The same
duty as a Conveyance (No. 20) for a consideration equal to four times the
amount or value of the average annual rent reserved.
|
|
(vii)
where the lease purports to be for a term exceeding one hundred years or in
perpetuity;
|
The same
duty as a Conveyance (No. 20) for a consideration equal to one-sixth of the
whole amount of rents which would be paid or delivered in respect of the
first fifty years of the lease.
|
|
(viii)
where the lease does not purport to be for any definite term;
|
The same
duty as a Conveyance (No. 20) for a consideration equal to three times the
amount or value of the average annual rent which would be paid or delivered
for the first ten years if the lease continued so long.
|
|
(b) where
the lease is granted for a fine or premium, or for money advanced and where
no rent is reserved;
|
The same
duty as a Conveyance (No. 20) for a consideration equal to the amount or
value of such fine or premium or advance as set forth in the lease.
|
|
(c) where
the lease is granted for a fine or premium, or for money advanced fine or
premium, or for money advanced in addition to rent reserved;
|
The same
duty as a Conveyance (No. 20) for a consideration equal to the amount or
value of such fine or premium or advance as set forth in the lease, in
addition to the duty which would have been payable on such lease, if no fine
or premium or advance had been paid or delivered; Provided that, in any case
when an agreement to lease is stamped with the ad valorem stamp required for
a lease and a lease in pursuance of such agreement is subsequently executed,
the duty on such lease shall not exceed one rupee fifty naye paise.
|
|
Exemption.
Lease,
executed in the case of a cultivator and for the purposes of cultivation
(including a lease of trees for the production of food or drink), without the
payment or delivery of any fine or premium, when a definite term is expressed
and such term does not exceed one year, or when the average annual rent
reserved does not exceed one hundred rupees.
Explanation.--When
a lessee undertakes to pay any recurring charge, such as Government revenue,
the landlord's share of cesses, or the owner's share of municipal rates or
taxes, which is by law recoverable from the lessor, the amount so agreed to
be paid by the lessee shall be deemed to be part of the rent.
|
|
|
32. Letter
of Allotment of Shares in any company or proposed company, or in respect of
any loan to be raised by any company or proposed company.
|
Twenty
naye paise.
|
|
33. Letter
of Licence, that is to say, any agreement between a debtor and his creditors
that the latter shall for a specified time, suspend their claims and allow
the debtor to carry on business at his own discretion.
|
Twenty-two
rupees, fifty naye paise.
|
|
34.
Memorandum of Association of a Company--
(a) if
accompanied by articles of association under the Companies Act, 1956 (Central
Act I of 1956);
(b) if not
so accompanied
Exemption.
Memorandum
of any association not formed for profit and registered under the Companies
Act, 1956 (Central Act I of 1956).
|
Sixty
rupees.
One hundred
and sixty rupees.
|
|
35.
Mortgage Deed, not being an Agreement relating to Deposit of Title deeds,
Pawn or Pledge (No. 6), Bottomry Bond (No. 14), Mortgage of a Crop (No. 36),
Respondentia Bond (No. 47) or Security Bond (No. 48)--
|
|
|
(a) when possession
of the property or any part of the property comprised in such deed is given
by the mortgagor or agreed to be given;
|
The same
duty as a Conveyance (No. 20) for a consideration equal to the amount secured
by such deed.
|
|
(b) when
possession is not given or agreed to be given as aforesaid;
|
The same
duty as a Bottomry Bond (No. 14) or the amount secured by such deed.
|
|
Explanation.--A
mortgagor who gives or has given to the mortgagee a power of attorney to
collect rents, or gives or has given to the mortgagee a lease, of the
property mortgaged or part thereof, is deemed to give possession thereof
within the meaning of this article;
|
|
|
(c) when a
collateral or auxiliary or additional or substituted security, or by way of
further assurance for the above mentioned purpose where the principal or
primary security is duly stamped--
for every
sum secured not exceeding Rs. 1,000;
and for
every Its. 1,000 or part thereof secured in excess of Rs. 1,000.
|
One rupee
fifty nave paise.
One rupee
fifty naye paise.
|
|
Exemptions.
(1)
Instruments executed by persons taking advances under the Land Improvement
Loans Act, 1883 (Central Act XIX of 1883), or the Agriculturists' Loans Act,
1884 (Central Act XII of 1884), or by their sureties as security for the
repayment of such advances.
(2) Letter
of hypothecation accompanying a bill of exchange.
36.
Mortgage of a crop, including any instrument evidencing an agreement to
secure the repayment of a loan made upon any mortgage of a crop, whether the crop
is or is not in existence at the time of the mortgage--
(a) when
the loan is repayable not more than three months from the date of the
instrument--
for every
sum secured not exceeding Rs. 200.
|
Twenty-five
naye paise.
|
|
and for
every Rs. 200 or part thereof secured in excess of Rs. 200;
(b) when
the loan is repayable more than three months but not more than eighteen
months from the date of the instrument--
|
Twenty-five
naye paise.
|
|
for every
sum secured not exceeding Rs. 100.
|
Forty naye
paise.
|
|
and for
every Rs. 100 or part thereof secured in excess of Rs. 100.
|
Forty naye
paise.
|
|
37.
Notarial act, that is to say, any instrument, endorsement, note, attestation,
certificate or entry not being a protest (No. 43) made or signed by a Notary
Public in the execution of the duties of his office, or by any other person
lawfully acting as a Notary Public.
|
Two rupees
twenty-five naye paise.
|
|
38. Note
or Memorandum sent by a Broker or Agent to his principal intimating the
purchase or sale on account of such principal--
|
|
|
(a) of any
goods exceeding in value twenty rupees;
(b) of any
stock or marketable security exceeding in value twenty rupees.
|
Forty naye
paise.
Subject to
a maximum of thirty rupees twenty-five naye paise for every Rs. 10,000 or
part thereof of the value of the stock or security.
|
|
39. Note
of Protest by the Master of a Ship.
|
One rupee.
|
|
40.
Partition--Instrument of [as defined by section 2 (15)]--
|
The same
duty as a Bottomry Bond (No. 14) for the amount of the value of the separated
share or shares of the property.
|
|
|
N.B.--The
largest share remaining after the property is partitioned (or if there are
two or more shares of equal value and not smaller than any of the other
shares, then one of such equal shares) shall be deemed to be that from which
the other shares are separated:
|
|
|
Provided
always that--
(a) when
an instrument of partition containing an agreement to divide property in
severalty is executed and a partition is effected in pursuance of such
agreement, the duty chargeable upon the instrument effecting such partition
shall be reduced by the amount of duty paid in respect of the first
instrument, but shall not be less than one rupee fifty naye paise;
|
|
|
(b) where
land is held on Revenue settlement for a period not exceeding thirty years
and paying the full assessment, the value for the purpose of duty shall be
calculated at twenty-five times the annual revenue;
|
|
|
(c) where
a final order for effecting a partition passed by any Revenue authority or
any Civil Court, or an award by an Arbitrator directing a partition is
stamped with the stamp required for an instrument of partition and an
instrument of partition in pursuance of such order or award is subsequently
executed, the duty on such instrument shall not exceed one rupee fifty naye
paise.
|
|
41.
Partnership--
|
|
|
A.
Instrument of--
(a) where
the capital of the partnership does not exceed Rs. 500.
|
Ten
rupees.
|
|
(b) in any
other case B. Dissolution of--
|
Forty
rupees.
|
|
42. Power
of Attorney as defined by section 2 (21) not being a proxy--
(a) when
executed for the sole purpose of procuring the registration of one or more
documents in relation to a single transaction or for admitting execution of
one or more such documents;
|
Twenty
rupees. Seventy-five naye paise.
|
|
(b) when
authorising one person or more to act in a single transaction other than the
case mentioned in clause (a);
|
One rupee
fifty naye paise.
|
|
(c) when
authorising not more than five persons to act jointly and severally in more
than one transaction or generally;
(d) when
authorising more than five but not more than ten persons to act jointly and
severally in more than one transaction or generally;
|
Eleven
rupees twenty-five naye paise.
Twenty-two
rupees fifty naye paise.
|
|
(e) when
given for consideration and authorising the attorney to sell any immovable property;
|
The same
duty as a conveyance (No. 20) for the amount of the consideration.
|
|
(f) in any
other case
|
Two rupees
twenty-five naye paise for each per son authorised.
|
|
|
N.B.--The
term 'Registration' includes every operation incidental to registration under
the Indian Registration Act, 1908 (Central Act XVI of 1908).
|
|
Explanation.--For
the purposes of this article, more persons than one when belonging to the
same firm shall be deemed to be one person.
|
|
|
43.
Protest of Bill or Note, that is to say, any declaration in writing made by a
Notary Public, or other person lawfully acting as such, attesting the
dishonour of a bill of exchange or promissory note.
|
Two
rupees.
|
|
44.
Protest by the Master of a Ship, that is to say, any declaration of the
particulars of her voyage drawn up by him with a view to the adjustment of
losses or the calculation of averages, and every declaration in writing made
by him against the charterers or the consignees for not loading or unloading
the ship, when such declaration is attested or certified by a Notary Public
or other person lawfully acting as such.
|
Two
rupees.
|
|
45.
Reconveyance of Mortgaged Property --
|
|
|
(a) if the
consideration for which the property was mortgaged does not exceed Rs. 1,000;
|
The same
duty as a Conveyance (No. 20) for the amount of such consideration as set
forth in the reconveyance.
|
|
(b) in any
other case .. ..
|
Thirty
rupees.
|
|
46.
Release that is to say, any instrument (not being such a release as is
provided for by section 23-A) whereby a person renounces a claim upon another
person or against any specified property--
|
|
|
(a) if the
amount or value of the claim does not exceed Rs. 1,000;
|
The same
duty as a Bottomry Bond (No. 14) for such amount or value as set forth in the
release.
|
|
(b) in any
other case
|
Fifteen
rupees.
|
|
47.
Respondentia Bond, that is to say, any instrument securing a loan on the
cargo laden or to be laden on board a ship and making repayment contingent on
the arrival of the cargo at the port of destination.
|
The same
duty as a Bottomry Bond (No. 14) for the amount of the loan secured.
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48.
Security Bond or Mortgage Deed, executed by way of security for the due
execution of an office, or to account for money or other property received by
virtue thereof, or executed by a surety to secure the due performance of a
contract--
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(a) when
the amount secured does not exceed Rs. 1,000;
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The same
duty as a Bottomry Bond (No. 14) for the amount secured;
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(b) in any
other case .. ..
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Fifteen
rupees.
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Exemptions.
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Bond or
other instrument, when executed--
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(a) by any
person for the purpose of guaranteeing that the local income derived from
private subscriptions to a charitable dispensary or hospital, or any other
object of public utility, shall not be less than a specified sum per mensem;
(b)
executed by persons taking advances under the Land Improvement Loans Act,
1883 (Central Act XIX of 1883). or the Agriculturists Loans Act, 1884
(Central Act XII of 1884), or by their sureties, as security for the
repayment of such advances;
(c)
executed by officers of Government or their sureties to secure the due
execution of an office or the due accounting for money or other property
received by virtue thereof.
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40.
Settlement--
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A.
Instrument of (including a deed of dower)
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The same
duty as a Bottomry Bond (Xo. 14) for a sum equal to the amount or value of
the property settled as set forth in such settlement;
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Provided
that, where an agreement to settle is stamped with the stamp required for an
instrument of settlement and an instrument of settlement in pursuance of such
agreement is sub. sequently executed, the duty on such instrument shall not
exceed one rupee fifty naye paise.
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Exemption.
Deed of
dower executed on the occasion of a marriage between Muslims.
B.
Revocation of .. ..
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The tame
duty as a Bottomry Bond (No. 14) for a sum equal to the amount or value of
the property concerned, as set forth in the instrument of revocation, but not
exceeding thirty rupees.
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50. Share
Warrants to bearer issued under the Companies Act, 1956 (Central Act I of
1956).
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One and a
half times the duty payable on a Conveyance (No. 20) for a consideration
equal to the nominal amount of the shares specified in the warrant.
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Exemptions.
Share
warrant when issued by a company in pursuance of the Companies Act, 1956
(Central Act I of 1956), to have effect only upon payment as composition for
that duty, to the Collector of Stamp revenue of-
(a) one
and a half per centum of the whole subscribed capital of the company or
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(b) if any
company which has paid the said duty or composition in full, subsequently
issues an addition to its subscribed capital one and a half per centum of the
additional capital so issued.
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51.
Shipping.--Order for or relating to the conveyance of goods on board of any
vessel.
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Ten naye
paise.
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52.
Surrender of Lease--
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(a) when
the duty with which the lease is chargeable docs not exceed fifteen rupees.
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The duty
with which such lease is chargeable.
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(b) in any
other case
Exemption.
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Fifteen
rupees.
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Surrender
of lease, when such lease is exempted from duty.
53.
Transfer (whether with or without consideration)--
(a) of
debentures, being marketable securities, whether the debenture is liable to
duty or not, except debentures provided for by section 8;
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One half
of the duty payable on a Conveyance (No. 20) for a consideration equal to the
face-amount of the debenture.
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(b) of any
interest secured by a bond, mortgage deed or policy of insurance--
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(i) If the
duty on such bond, mortgage deed or policy does not exceed fifteen rupees;
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The duty
with which such bond, mortgage deed or policy of insurance is chargeable.
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(ii) in
any other case ..
(c) of any
property under the Administrator-Generals Act, 1913 (Central Act III of
1913), section 25;
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Fifteen
rupees.
Twenty-two
rupees fifty naye paise.
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(d) of any
trust property from one trustee to another trustee or from a trustee to a
beneficiary.
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Eleven
rupees twenty-five naye paise or such smalles amount as may be chargeable
under clauser (a) and (b) of this Article.
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Exemptions.
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Transfers
by endorsement--
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(a) of a
bill of exchange, cheque or promissory note;
(b) of a
bill of lading, delivery order, Warrant for goods, or other mercantile
document of title to goods;
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(c) of a
policy of insurance;
(d) of
securities of the Central Government.
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54.
Transfer of Lease by way of assignment, and not by way of under-lease.
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The same
duty as a Conveyance (No. 20) for a consideration equal to the amount of the
consideration for the transfer.
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Exemption.
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Transfer
of any lease exempt from duty. 55. Trust--
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A.
Declaration of--of, or, concerning any property when made by any writing not
being a will;
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The same
duty as a Bottomry Bond (No. 14) for a sum equal to the amount or value of
the property concerned as set forth in the instrument but not exceeding
forty-five rupees.
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B.
Revocation-- of or, concerning, any property-when made by any instrument
other than a will.
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The same
duty as a Bottomry Bond (No. 14) for a sum equal to the amount or value of
the property concerned, as set forth in the instrument, but not exceeding
thirty rupees.
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56.
Warrant for goods, that is to say, any instrument evidencing the title of any
person therein named, or his assigns; or the holder thereof, to the property
in any goods lying in or upon any dock, warehouse or wharf, such instrument
being signed or certified by or on behalf of the person in whose custody such
goods may be.
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Seventy-five
naye paise.
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