Indian Stamp Act 1899
ACT NO. 2 OF 1899
[27th January, 1899.]
An Act to Consolidate and amend the law relating to Stamps.
WHEREAS it is expedient to consolidate and amend the law relating to Stamps. It is hereby enacted as follows:–
Chapter I – Preliminary
Section 1 Indian Stamp Act 1899 – Short title, extent and commencement.
Section 2 Indian Stamp Act 1899 – Definitions.
Chapter II – Stamp Duties
A.—Of the liability of instruments to duty
Section 3 Indian Stamp Act 1899 – Instruments chargeable with duty.
Section 3A Indian Stamp Act 1899 – [Repealed.].
Section 4 Indian Stamp Act 1899 – Several instruments used in single transaction of sale, mortgage or settlement.
Section 5 Indian Stamp Act 1899 – Instruments relating to several distinct matters.
Section 6 Indian Stamp Act 1899 – Instruments coming within several descriptions in Schedule I.
Section 7 Indian Stamp Act 1899 – Policies of sea-insurance.
Section 8 Indian Stamp Act 1899 – Bonds, debentures or other securities issued on loans under Act XI of 1879.
Section 8A Indian Stamp Act 1899 – Securities dealt in depository not liable to stamp-duty.
Section 8B Indian Stamp Act 1899 – Corporatisation and demutualisation schemes and related instruments not liable to duty.
Section 8C Indian Stamp Act 1899 – Negotiable warehouse receipts not liable to stamp duty.
Section 8D Indian Stamp Act 1899 – Agreement or document for assignment of receivables not liable to stamp duty.
Section 8E Indian Stamp Act 1899 – Conversion of a branch of any bank into a wholly owned subsidiary of bank or transfer of shareholding of a bank to a holding company of bank not liable to duty.
Section 8F Indian Stamp Act 1899 – Agreement or document for transfer or assignment of rights or interest in financial assets not liable to stamp duty.
Section 8G Indian Stamp Act 1899 – Strategic sale, disinvestment, etc., of immovable property by Government company not liable to stamp duty.
Section 9 Indian Stamp Act 1899 – Power to reduce, remit or compound duties.
B.—Of stamps and the mode of using them
Section 9A Indian Stamp Act 1899 – Instruments chargeable with duty for transactions in stock exchanges and depositories.
Section 9B Indian Stamp Act 1899 – Instruments chargeable with duty for transactions otherwise than through stock exchanges and depositories.
Section 10 Indian Stamp Act 1899 – Duties how to be paid.
Section 11 Indian Stamp Act 1899 – Use of adhesive stamps.
Section 12 Indian Stamp Act 1899 – Cancellation of adhesive stamps.
Section 13 Indian Stamp Act 1899 – Instruments stamped with impressed stamps how to be written.
Section 14 Indian Stamp Act 1899 – Only one instrument to be on same stamps.
Section 15 Indian Stamp Act 1899 – Instrument written contrary to section 13 or 14 deemed unstamped.
Section 16 Indian Stamp Act 1899 – Denoting duty.
B.—Of stamps and the mode of using them
Section 17 Indian Stamp Act 1899 – Instrument executed in India.
Section 18 Indian Stamp Act 1899 – Instruments other than bills and notes executed out of India.
Section 19 Indian Stamp Act 1899 – Bills and notes drawn out of India.
D. —Of valuations for duty
Section 20 Indian Stamp Act 1899 – Conversion of amount expressed in foreign currencies.
Section 21 Indian Stamp Act 1899 – Stock and marketable securities how to be valued.
Section 22 Indian Stamp Act 1899 – Effect of statement of rate of exchange or average price.
Section 23 Indian Stamp Act 1899 – Instruments reserving interest.
Section 23A Indian Stamp Act 1899 – Certain instruments connected with mortgages of marketable securities to be chargeable as agreements
Section 24 Indian Stamp Act 1899 – How transfer in consideration of debt, or subject to future payment, etc., to be charged.
Section 25 Indian Stamp Act 1899 – Valuation in case of annuity, etc.
Section 26 Indian Stamp Act 1899 – Stamp where value of subject-matter is indeterminate.
Section 27 Indian Stamp Act 1899 – Facts affecting duty to be set forth in instrument.
Section 28 Indian Stamp Act 1899 – Direction as to duty in case of certain conveyances.
E. —Duty by whom payable
Section 29 Indian Stamp Act 1899 – Duties by whom payable.
Section 30 Indian Stamp Act 1899 – Obligation to give receipt in certain cases.
Chapter III – Adjudication As To Stamps
Section 31 Indian Stamp Act 1899 – Adjudication as to proper stamp.
Section 32 Indian Stamp Act 1899 – Certificate by Collector.
Chapter IV – Instruments Not Duly Stamped
Section 33 Indian Stamp Act 1899 – Examination and impounding of instruments.
Section 34 Indian Stamp Act 1899 – Special provision as to unstamped receipts.
Section 35 Indian Stamp Act 1899 – Instruments not duly stamped inadmissible in evidence, etc.
Section 36 Indian Stamp Act 1899 – Admission of instrument where not to be questioned.
Section 37 Indian Stamp Act 1899 – Admission of improperly stamped instruments.
Section 38 Indian Stamp Act 1899 – Instruments impounded how dealt with.
Section 39 Indian Stamp Act 1899 – Collector’s power to refund penalty paid under section 38, sub-section (1).
Section 40 Indian Stamp Act 1899 – Collector’s power to stamp instruments impounded.
Section 41 Indian Stamp Act 1899 – Instruments unduly stamped by accident.
Section 42 Indian Stamp Act 1899 – Endorsement of instruments on which duty has been paid under sections 35, 40 or 41.
Section 43 Indian Stamp Act 1899 – Prosecution for offence against Stamp-law.
Section 44 Indian Stamp Act 1899 – Persons paying duty or penalty may recover same in certain cases.
Section 45 Indian Stamp Act 1899 – Power to Revenue-authority to refund penalty or excess duty in certain cases.
Section 46 Indian Stamp Act 1899 – Non-liability for loss of instruments sent under section 38.
Section 47 Indian Stamp Act 1899 – Power of payer to stamp bills, and promissory notes received by him unstamped.
Section 48 Indian Stamp Act 1899 – Recovery of duties and penalties.
Chapter V – Allowances For Stamps In Certain Cases
Section 49 Indian Stamp Act 1899 – Allowance for spoiled stamps.
Section 50 Indian Stamp Act 1899 – Application for relief under section 49 when to be made.
Section 51 Indian Stamp Act 1899 – Allowance in case of printed forms no longer required by Corporations.
Section 52 Indian Stamp Act 1899 – Allowance for misused stamps.
Section 53 Indian Stamp Act 1899 – Allowance for spoiled or misused stamps how to be made.
Section 54 Indian Stamp Act 1899 – Allowance for stamps not required for use.
Section 54A Indian Stamp Act 1899 – Allowances for stamps in denominations of annas.
Section 54B Indian Stamp Act 1899 – Allowances for Refugee Relief stamps.
Section 55 Indian Stamp Act 1899 – Allowance on renewal of certain debentures.
Section 56 Indian Stamp Act 1899 – Control of, and statement of case to, Chief Controlling Revenue-authority.
Chapter VI – Reference And Revision
Section 57 Indian Stamp Act 1899 – Statement of case by Chief Controlling Revenue-authority to High Court.
Section 58 Indian Stamp Act 1899 – Power of High Court to call for further particulars as to case stated.
Section 59 Indian Stamp Act 1899 – Procedure in disposing of case stated.
Section 60 Indian Stamp Act 1899 – Statement of case by other Courts to High Court.
Section 61 Indian Stamp Act 1899 – Revision of certain decisions of Courts regarding the sufficiency of stamps.
Section 62A Indian Stamp Act 1899 – Penalty for failure to comply with provisions of section 9A.
Chapter VII – Criminal Offences And Procedure
Section 62 Indian Stamp Act 1899 – Penalty for executing, etc., instrument not duly stamped.
Section 63 Indian Stamp Act 1899 – Penalty for failure to cancel adhesive stamp.
Section 64 Indian Stamp Act 1899 – Penalty for omission to comply with provisions of section 27.
Section 65 Indian Stamp Act 1899 – Penalty for refusal to give receipt, and for devices to evade duty on receipts.
Section 66 Indian Stamp Act 1899 – Penalty for not making out policy or making one not duly stamped.
Section 67 Indian Stamp Act 1899 – Penalty for not drawing full number of bills or marine policies purporting to be in sets.
Section 68 Indian Stamp Act 1899 – Penalty for post-dating bills, and for other devices to defraud the revenue.
Section 69 Indian Stamp Act 1899 – Penalty for breach of rule relating to sale of stamps and for unauthorised sale.
Section 70 Indian Stamp Act 1899 – Institution and conduct of prosecutions.
Section 71 Indian Stamp Act 1899 – Jurisdiction of Magistrates.
Section 72 Indian Stamp Act 1899 – Place of trial.
Chapter VIII – Supplemental Provisions
Section 73 Indian Stamp Act 1899 – Books, etc., to be open to inspection.
Section 73A Indian Stamp Act 1899 – Power of Central Government to make rules.
Section 73B Indian Stamp Act 1899 – Power to issue directions and to authorise certain authorities to issue instructions, etc.
Section 74 Indian Stamp Act 1899 – Powers to make rules relating to sale of stamps.
Section 75 Indian Stamp Act 1899 – Powers to make rules generally to carry out Act.
Section 76 Indian Stamp Act 1899 – Publication of rules.
Section 76A Indian Stamp Act 1899 – Delegation of certain powers.
Section 77 Indian Stamp Act 1899 – Saving as to court-fees.
Section 77A Indian Stamp Act 1899 – Saving as to certain stamps.
Section 78 Indian Stamp Act 1899 – Act to be translated, and sold cheaply.
Section 79 Indian Stamp Act 1899 – [Repealed.].
Schedule
(Not Available)
SCHEDULE I.––Stamp-duty on instruments.
SCHEDULE II. –– [Repealed.]
See also: Indian Constitution 1949
– Indian Penal Code 1860 (S. 1-267)
