An act to consolidate and amend the law relating to stamps and stamp duties in the state of bombay amended by born. Airports economic regulatory authority of india act, 2008. Several instruments used in single transaction of sale, mortgage or settlement 5. The act has been declared to be in force in panth piploda by the panth piploda laws regulation, 1929 1 of 1929, sec. Power of payer to stamp bills and promissory notes. Payment of duty on certain instruments or copies thereof liable to be increased duty in maharashtra state. Full text containing the act, indian stamp act, 1899, with all the sections, schedules, short title, enactment date, and footnotes. Maharashtra stamp act bombay chartered accountants society.
In section 2 of the maharashtra stamp act hereinafter referred to. The prevention of black marketing and maintenance of supplies of essential commodities act, 1980. Wholesaler of maharashtra bare acts maharashtra stamp act, maharashtra public trust act, maharashtra regional and town planning act and maharashtra police act offered by bombay cases infotech private limited, mumbai, maharashtra. Stamp duty is a statutory payment like vat or service tax which needs to be paid on all instruments chargeable to duty. Bombay stamp act, 1958 stamp duty instruments ambure.
Bombay stamp act, 1958 indian bare act law statute kanoon lawyerservices. The government of maharashtra has, from time to time, in exercise of the powers conferred by clause a of section 9 of the maharashtra stamp act lx of 1958 notified amnesty schemes in the years 1994, 1997, 1998, 2004 and 2008 for various periods to reduce. Provided that it shall not apply to 2 the territories which, immediately before the 1st november, 1956, were comprised in part b states. Treaties and conventions to which india is signatory. Nonliability for loss of instruments sent under section 38 47. Maharashtra may cut stamp duty to stem flight of capital 21 oct, 2016, 05. The bombay stamp act, 1958 act 60 of 1958 keywords. Award under section 18 of the bombay hereditary offices act, 1874 bombay iii of 1874 or section 330 of the maharashtra municipalities act, 1965 maharashtra xl of 1965. The maharashtra stamp act 2017 edition by sunil dighe key contents of the maharashtra stamp act 2017 edition bom. Provided that, on the commencement of the bombay shops and establishments. Indian stamp act, 1899 bare acts law library advocatekhoj. Section 1 short title, extent and commencement 1 this act may be called the bombay stamp act, 1958. The bombay shops and establishments act, maharashtra.
State of maharashtra bombay high court the bench noted that, in the present case, the deed is used in the state of maharashtra for registering a charge by lodging a verified copy of the deed in the office of the registrar of companies in accordance with sections 125 read with of the companies act. Only the instruments specified in the schedule i to the act are covered by this act. Association, banker, bond, chargeable, clearance list, duly stamped. Lx of 1958 as applicable in maharashtra state, upadhyay, b. An act to consolidate and amend the law relating to stamps and stamp duties in the state of bombay whereas it is expedient to consolidate and amend the law relating to stamps and rates of stamp duties other than those in respect of document specified in entry 91 of listi in the seventh schedule of the constitution of india in the state of bombay. Maharashtra state sales tax bare act and proposed vat. Collectors power to authorise officer to enter premises and inspect certain documents. The indian stamp, act, 1899 a s applicable in uttarakhand an act to consolidate and amend the law relating to stamps, the 27th january, 1899 where it is expedient to consolidate and amend the has relating to stamps. Instruments written contrary to section, 14 or 14a deemed not duly stamped. The bombay stamp act, 1958 schedule i stamp duty on instruments sr.
The bombay stamp act applies to the entire state of maharashtra. Maharashtra bare acts maharashtra stamp act wholesaler. First published, after having received the assent of the governor in the maharashtra government gazette, on the 22nd august 2016. Conversion of amount expressed in foreign currencies. Power to revenueauthority to refund penalty or excess duty in certain cases 46. Schedule i and ii to the maharashtra stamp act bom. Bombay stamp act 1958 inspector general of registration and. As modified upto the 9th july 20 printed in india by the government central press, charni road, mumbai 400 004 and published by the director, government printing stationery and. The indian stamp act, 1899 the indian stamp act, 1899 contents sn subject chapter i preliminary 1. This act may be called the maharashtra stamp amendment act, 2015. All india council for technical education act, 1987. Major provisions of the maharashtra stamp act section 2.
The bombay stamp act, 1958 association, banker, bond. Maharashtra university of health sciences act, 1998 1999. Jul 31, 2009 with a view to amend certain tax laws in operation in the state of maharashtra, govt. Payment of duty on certain instruments or copies thereof liable to increased duty in maharashtra state. Apr 23, 2020 maharashtra may cut stamp duty to stem flight of capital 21 oct, 2016, 05. The registration and other related laws amendment act, 2001. This act is intended to levy stamp duty on certain types of documents executed in the state or brought from outside for acting upon the same in the state. The maharashtra stamp act stamp duty on instruments see section 3 descriptio ni s trume 1 proper duty 2 1. Xxi of 2004, in the legislature chapter ii of the maharashtra tax laws levy amendment and validation act, 2004 is for the purpose of amendments to the bombay stamp act, 1958.
Act lx of 1958 title substituted for the bombay stamp act, 1958 as amended by the maharashtra stamp amendment act, 2016 mah. Stamp duty it is an indirect tax collected by the state government in maharashtra. Ack nowl edg m t of a debt writteti or signed by, or on behalf of, a debtor in order to supply. It is correct that by the nane of haryana there is no shop act. Plea of misuse of signed blank security cheque, no evidence led, conviction upheld by high court read judgement allahabad hc extends closure of all district courts till april 27. Maharashtra stamp act blogs compliance calendar llp. Maharashtra special provision for payment of stamp duty act, 1974 maharashtra specified cooperative societies postponement of elections due to drought conditions in the state act, 1983 maharashtra stamp act, 1958. An act further to amend the maharashtra land revenue code, 1966. Whereas, it is expedient further to amend the maharashtra stamp act, for the purposes hereinafter appearing. Acknowledgement of 21 a debt written or signed by, or on behalf of, a debtor in order to. Act lx of 1958 as modified upto the 15th january 2018 page 2 of 32 schedulei stamp duty on instruments see section 3 description of instrument proper stamp duty 1 2 1.
Principal acts may or may not include subsequent amendments. Iwe further declare that no transaction for which an exemption is claimed under article 5 or article 43 in schedule i to the bombay stamp act. Definitions in this act, unless there is anything repugnant in the subject or context, a association means any association, exchange, organization or body of individuals, whether incorporated or not, established for the purpose. Stamp duty is collected by the government of india under section 3 of the indian stamp act, 1899. All other instruments are either chargeable under the indian stamp act e. The bombay stamp act, 1958 which came into force on 16th february 1969 bsa is the law for stamp duty within the state of maharashtra. Bombay stamp act, 1958 indian bare act law statute. The bombay stamp act, 1958 comes into force on 16th february, 1959 and is applicable in the state of maharashtra. The gift tax act, 1958 abolished the income tax act, 1961. Bombay stamp act 1958 complete act citation 5898 bare.
The maharashtra stamp act,1958 applies to the entire state of maharashtra. Bombay stamp act, 1958 bombay stamp act, 1958 60 of 1958 an act to consolidate and amend the law relating to stamps and stamp duties in the state of bombay whereas it is expedient to consolidate and amend the law relating to stamps and rates of stamp duties other than those in respect of document specified in. This act may be called the bombay shops and establishments act, 1948. The bombay stamp act, 1958 came into force on 16th february, 1959 and is applicable in the state of maharashtra. The maharashtra stamp act maharashtra housing and building laws. Stamp duty is payable under section 3 of the maharashtra stamp act.
Mumbai gram panchayat act 1958 in marathi pdf free download mumbai gram panchayat act 1958 in marathi pdf free download. Agricultural and processed food products export cess act, 1985. Whereas it is expedient further to amend the maharashtra land xli of 1966. How gram panchayat development plan is changing the villages of. Largest collection of laws in india bare act and amendments. Stamps to be used nonjudicial stamp paper under rule 6 or special adhesive stamp affixed by proper officer under rule 11. Notwithstanding anything contained in the bombay stamp act, 1958, where courtfee is paid in a suit for partition in accordance with the provisions of clause vii of section 6 of this act, the stamp duty payable on a final order for effecting a partition passed by any revenue authority or any civil court under article 46 in schedule i of. Various changes have been made in the principal act and some. Lx of 1958 1 this act received the assent of the president on 4th june 1958, and assent was first published in the bombay government gazette, part iv, on the 11th june, 1958. In pursuance of clause 3 of article 348 of the constitution of india, the following translation in english of the maharashtra stamp amendment act, 2015 mah. The short title was amended for the bombay stamp act, 1958 by mali. It has also been partially extended to berar by the berar laws act. Rounding off fractions in duty payable or allowance to be made. The stamp duty is calculated as per schedulei of the maharashtra stamp act.
The maharashtra stamp act, 1958 applies to the entire state of maharashtra. Annexure 4 maharashtra stamp amendment act 2015 npci. An act to consolidate and amend the law relating to stamps and stamp duties in the state of bombay. Adapted and modified by the maharashtra adaptation of laws state. Acknowledgement of 1 1 a debt written or signed by, or on behalf of, a debtor in order to supply evidence of such debt in any book other than a bankers pass book or on a separate piece of paper when such book or paper is left in the creditors possession, and the amount or value of such debt. Validity of differential stamp duty on instruments. Copy of any document including power of attorney liable to stamp duty under the bombay stamp act. Key changes made by way of maharashtra stamp amendment act, 2015 update on 24th april, 2015, the erstwhile maharashtra stamp act, 1958 hereinafter referred to as principal act received the assent of the governor, to be called as the maharashtra stamp amendment act, 20151.
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