Stamp duty

Article

Descripttion of instrument

Stamp Duty

4

Affidavit (Exemption: for use in the Court or Tribunal)

Rs. 100

5

Agreement

(c)

relating to shares & securities

Re. 1 for every Rs. 10,000 or
part thereof (approx. 0.01%)

(e)

relating to purchase or sale of bullion

Re. 1 for every Rs. 10,000 or
part thereof of the value of
gold / silver (approx. 0.01%)

(g-a)(i)

Development Rights Agreement

Same as in the case of a
Conveyance as on the market
value

(g-a)(ii)

relating to purchase of units in any scheme by an investor from a developer – when the investor sells the unit a set-off of the duty paid would be allowed against duty on Conveyance under Art. 25

Same as in the case of a Conveyance as on the market value

(g-d)

relating to transfer tenancy rights (duty per sq. metre)

Commercial

Residential

i)

Greater Bombay

Rs. 2,000

Rs. 200

ii)

Thane, Pune, Nagpur, Navi Mumbai

Rs. 1,000

Rs. 100

iii)

Other Municipal Corporation

Rs. 400

Rs. 50

(g-e)

relating to hire purchase

Same as in the case of a Lease

(h)

(i)

relating to certain advertising contracts

Rs. 2.5 for every Rs. 1,000
(approx. 0.25%) if the amount
agree is up to Rs. 10 lakhs
and Rs. 5 for every Rs. 1,000
(approx 0.5%) if the amount
exceeds Rs. 10 lakhs

(ii)

relating to contracts for exclusive broadcasting / exhibition rights of a film

(iii)

relating to specific performance by a person where contract > Rs. 100,000