Stamp Duty On Indemnity Bond Statewise Inwards India

September 05, 2018   General, Indemnity Bond, Rules   Comment  

In accordance amongst the Indian Stamp Act 1899 read amongst the laws for postage stamp duty of respective US as well as Union Territories - postage stamp duty is required to move paid inward representative of indemnity bond.

State	Rate of Stamp Duty	Applicable Law
Andhra Pradesh	Three share of the value of the safety dependent area to a maximum of rupees 1 hundred.	(a) The Indian Stamp Act, 1899 (b) The Indian Stamp (Andhra   Pradesh Extension as well as Amendment) Act, 1959
Arunachal Pradesh	The same duty every bit a Security Bond (No. 57) for the same amount.	(a) The Indian Stamp Act, 1899 (b) The Indian Stamp (Arunachal Pradesh Amendment) Act, 2007
Assam	The same duty every bit a Security-Bond (No. 57) for the same amount.	(a) The Indian Stamp Act, 1899 (b) The Indian Stamp (Assam Amendment) Act, 2004
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Bihar	The same duty every bit Security Bond (No. 57) for the same total dependent area to a maximum of Rs. 1000/- (Rupees One Thousand).	(a) The Indian Stamp Act, 1899 (b) The Indian Stamp (Bihar Amendment) Act, 1991

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Disclaimer: We accept made best efforts to compile the inward a higher house information. However, you lot are requested to mention to the relevant Stamping laws inward strength of the concerned State/Union Territory and/or consult amongst respective statutory government earlier proceeding amongst whatever actual transaction. We shall non move held responsible for whatever discrepancy or inaccuracy constitute inward the inward a higher house information. Any discrepancy constitute inward the inward a higher house may move brought to our detect through electronic mail or comment below.