In accordance with Article 5(h) on the bonding point or stamp paper. If this is not the case, it is at the time of possession or in accordance with section 25(d) of Schedule I of the Bombay Stamp Act, 1958 at the time of transmission. If the deed of sale or contract of sale was concluded before 10.12.1985, the charge (stamp duty) was applicable in accordance with section 5(h) of the Bombay Stamp Act, 1958 was not treated as a Conveyance Section and the choice of taxation provision was not applicable at that time. However, it should be noted that once you receive the transfer, you are vulnerable to paying the full tax (stamp duty) on this (current) market price of your property, as it is applied according to the rules. Before 04-08-1980, it was about the value of the agreement. After 04-08-1980, it was based on market value (which has yet to be decided). Before and until 10.12.1985, it was optional. After 10.12.85, it was mandatory depending on the market value or according to Ready Reckoner. The stamp duty corresponding to 90% of the transport tax to be paid on the consideration mentioned in the document is paid on this device and the balance of the 10% of the tax must be paid at the time of completion of the document. w.e.f.
01/12/1989 the validity of the stamp document is only 6 months. In accordance with the provisions of § 52-B, stamps purchased within six months and not used are then invalidated. Stamps purchased and not used in accordance with their intended purpose are entitled to a refund after deduction of certain expenses if they are submitted for reimbursement within six months of the date of purchase and if the conditions for reimbursement set out in Chapter V of the Bombay Stamp Act 1958 are met. If the amendment changes not only the contract price, but also other changes, the amending contract is subject to the general quality stamp duty rules. 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 paper 02. No – Judicial Stamp Paper 03. Stamp marked / 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. Extrajudicial stamps Papers that are common throughout the country. F35.
Can stamp duty be refunded if the stamp paper is not worn or mutilated? In accordance with the circular, changes are not subject to other stamp duty if the tax on the instrument set by the stamp collector is not final. The person concerned by the stamp collector`s disposition may, in accordance with section 53 of the Bombay Stamp Act, 1958, apply to the Chief Controlling Revenue Authority, Maharashtra State, Pune, which is the prescribed limit for filing a complaint within 60 days. . . .