Monday 23 January 2012

Stamp Duty In Andhra Pradesh



STAMP DUTY ON CERTAIN INSTRUMENTS UNDER THE STAMP (ANDHRA PRADESH AMENDMENT) ACT, 1922
(SEE SECTION 3, FIRST PROVISION)

Article  No
DESCRIPTION OF INSTRUMENT
PROPER STAMP DUTY
1

ACKNOWLEDGMENT of a debt exceeding twenty rupees in mount or value written or signed by or on behalf of a debtor in order to supply evidence of such debt in any book (other than a banker’s pass book) or on a separate piece of paper when such book or paper is left in the creditors possession:
  Provided that such acknowledgement does not contain any promise to pay the debt or an stipulation to pay interest or to deliver any goods or other property.
Twenty  paise
2

ADMINISTRATION BOND including  a  bond  given under section 291 or section 375 of the Indian Succession Act, 1925 ( central Act, 39 of 1925) or section 6 of  the Government Savings Bank Act, 1873 ( central Act, 5 of 1873)


a)
Where the amount does not  exceed Rs. 1,000
Three-fourths  the duty as a Bond ( No: 13) for such amount

b)
in any other case
Thirty rupees
3

ADOPTION DEED:  that  is to say any instrument ( other than a  will) recording an adoption, or  conferring or purporting to confer an authority to adopt
Thirty-five rupees
4

AFFIDAVIT including an affirmation or declaration in the case of persons by law allowed affirm or declare instead of swearing.

EXEMPTION

 Affidavit or declaration in writing when made for the sole purpose of enabling any person to receive any pension or charitable allowances.
Ten rupees
5

AGREEMENT OR MEMORANDUM OF AN AGREEMENT :-


(a)
 If relating to the sale of a bill of exchange:
One  rupee

(b)
if relating to the sale of a Government Security or share in an incorporated company or other body corporate ;
Subject to an maximum of seventy- five rupees, fifty paise for every Rs. 10,000 or part thereof, of the value of the security or share .
6

AGREEMENT OF MEMORANDUM OF AN AGREEMENT:- not other wise  provided for


(A)
Where the value



i)
 Does not exceed Rs. 5,000/-
Ten  Rupees


ii)
Exceeds Rs. 5,000/- but  does not exceed Rs. 20,000/-
Twenty Rupees


iii)
Exceeds Rs. 20,000/- but  does not exceed Rs. 50,000/-
Fifty Rupees


iv)
Exceeds Rs.  50,000/-
One hundred rupees

(B)
 If relating to construction of a house or building including a multi-unit house or building or unit of apartment / flat/ portion of multi-stored building or for development / sale of any other immovable property.
  Five rupees for every one hundred rupees or part thereof on the market value or the estimated cost of the proposed construction / development of such property as the case may be, as mentioned in the agreement or the value arrived at in accordance with the schedule of rates prescribed by the Public Works Department Authorities which ever is higher. 

Note I : Stamp duty is reduced to 1% on the sale Consideration or estimated 
           cost of Construction/Development as declared by the parties subject 
           to a maximum of Rs. 20,000/- (w.e.f. 1.8.2005) in respect of
           Agreements or Memoranda of Agreements.
Note II: Stamp duty is reduced to 1% on the Sale Consideration or estimated
           cost of Construction/Development as declared by the parties subject 
           to a maximum of Rs. 50,000/- which shall not adjustable in respect of
           documents relating to Construction/Development of immovable
           properties Combined with G.P.A w.e.f. 1.8.2005.
           (Vide G.O.Ms. No. 1475 Rev(Regn-I) Dept dt. 30.7.2005).





(c)
 In any other Case
One hundred rupees
7

AGREEMENT RELATING TO DEPOSIT OF TITLE DEEDS, PAWN OR PLEDGE,  or Hypothecation that  is to say, any instrument evidencing an agreement relating to :-


(a)
 The deposit of title- deeds or instrument constituting or being  evidence of the title to any property whatever ( other than a marketable  security), where such deposit has been made by way of Security for the repayment of money advanced or to be advanced by way of Loan or an existing or future debt.
0.5% of the amount secured by such deeds, subject to maximum of Fifty Thousand Rupees.

(b)
the pawn, pledge or Hypothecation of  movable  property where such pawn, pledge or Hypothecation has been made by way of security for the repayment of money advanced or to be advanced by way of loan or an existing or future debt:-



(i)
If such loan or debt  is repayable  on demand or more than three months from the date of the instrument evidencing the agreement:
0.5% of the amount secured, subject to a maximum of Two Lakh Rupees.


(ii)
If  such loan or debt  is re-payable not more than three months from the date of such instrument
Half the duty payable on a loan or debt under clause (i).

Explanation :- For the purpose of the clause(a) of this article, not withstanding anything contained in any judgement, decree or order of any court or order of any authority, and letter, note, memorandum or writing relating to the deposit of title deeds whether written or made either before or at the time when or after the deposit of title deeds is effected and whether it is in respect of the security for the first loan or any additional loan or loans taken subsequently, such letter, note, memorandum or writing shall, in the absence of any separate agreement or memorandum of agreement relating to deposit of such title deeds, be deemed to be an instrument, evidencing an agreement relating to the deposit of title deeds.

Exemption :-

1.   Letter of hypothecation accompanying a bill of exchange duly stamped.
2.   Unattested instrument of pawn or pledge of,--
(a)  Farm equipment and Tractors;
(b)  Any goods for a loan secured upto one lakh rupees.
8

APPOINTMENT IN EXECUTION OF A POWER,  whether of trustees or of property,  movable  or immovable, where made by any writing not being a will
Sixty rupees.
9

 APPRAISEMENT OR VALUATION made  otherwise  than under an order  of the court in the course of a suit---


a)
 Where the amount  does not exceed Rs. 1,000/-
The same duty as Bottomry Bond  (No. 14) for such amount.

b)
In any other case,
Thirty rupees
10

APPRENTICES-SHIP DEED,
 Including every writing relating to the service or tuition of any apprentice, clerk or servant placed with any master to learn any profession, trade or employment.

EXEMPTION

 Instruments of apprenticeship executed by a Magistrate under the Apprentice Act 1961(central Act 52 of 1961) or by which a person is apprenticed by or at the charge of any public charity.
Fifteen rupees
11

ARTICLES OF ASSOCIATION OF COMPANY



(i)
Where the company has no Share Capital
One Thousand Rupees


(ii)
Where the Company has authorised Share Capital or increased Share Capital.
0.15% of such authorised Share Capital subject to a minimum of One Thousand Rupees and a maximum of Five Lakh Rupees.
12

AWARD,  that  is to say, any decision in writing by an arbitrator or umpire, not being an award directing a partition on reference made other wise than by an order of the Court in the course of a suit-


a)
Where the amount or value of the property to which the award relates, as setforth in such award, does not exceed 1000.
The same duty as Bottomry Bond  (No. 14) for such amount.

b)
If it exceeds Rs. 1000 but does not exceeds Rs. 5000.

 And for every additional Rs. 1000 or part there of in excess of Rs. 5000;
Fifty rupees


Two rupees subject to a maximum of two hundred rupees.
13

BOND [as defined by section 2(5),] not being a debenture and not being otherwise provided for by this Act or by the Andhra Pradesh Court Fees and Suits Valuation Act, 1956( Andhra Pradesh Act VII of 1956)


a)
Where the amount or value secured does not exceeds Rs.1000.
Three rupees for every one hundred rupees or part thereof.

b)
Where it exceeds Rs. 1,000/-.

 

 

 

 

EXEMPTION

 Bond, when executed by an person for the purpose of guaranteeing that the local income derived from private subscriptions to a charitable dispensary or hospital or any other object of public utility, shall not be less than a specified sum per mensem.
The same duty as under clause (a) for the firs Rs. 1000 and  for every Rs 5,00 or part thereof in excess of  Rs. 1,000/-  fifteen rupees
14

 BOTTOMRY  BOND ,  that is to say, any instrument  where by the master of a sea-going ship borrows money, on the security of the ship to enable him to preserve the ship or prosecute her voyage :-


a)
 Where amount or value secured does not exceeds Rs.1,000;

Three rupees for every one hundred rupees or part thereof;

b)
Where it exceeds  Rs. 1,000
 The same duty as under clause (a) for the first Rs. 1000 and for every Rs. 500 or part thereof in excess of Rs. 1,000/- fifteen rupees.
15

CANCELLATION-INSTRUMENT  of  (including any instrument by which any instrument previously executed is  cancelled), if  attested and not  otherwise provided for
Thirty  rupees
16

CERTIFICATE OF SALE –
( in respect of each property  put  up as separate  lot and sold,  granted to the purchaser  of any property sold by public action by a Civil or Revenue  Court or  the Collector or other Revenue Officer.


a)
Where the purchase money does not  exceed Rs. 10
 One rupees

b)
 Where the purchase money exceeds Rs. 10/- but does not exceeds Rs. 25/-.
  One rupees fifty paise.

c)
 In any  other case
The same duty as conveyance (No: 20) for a consideration or market value equal to the amount of the purchase money only.
17

CERTIFICATE OR OTHER DOCUMENT evidencing the right or title of the holder thereof, or any other person, either to any shares, scrip or stock in or of any incorporated Company, or other body corporate or become proprietor of shares, scrip or stock in or of any such company or body.
 Thirty paise
18
1)
 CHARTER PARTY, that is to say, any instrument (except an agreement for the hire or a tug-steamer), whereby a vessel or some specified principal part thereof is let for the specified purposes of the charter, whether it includes a penalty clause or not.
 Five  rupees

2)

A CHIT AGREEMENT, that is to say an agreement relating to a chit as defined in clause (2) of section 2 of the Andhra Pradesh Chit Funds Act, 1971, if either such agreement is executed or the chit is conducted in the State of Andhra Pradesh where the value of the Chit:- 




(i)
Does not exceed rupees one lakh
Ten Rupees.


(ii)
Exceeds rupees one lakh
Fifty Rupees
19

COMPOSITION DEED,  that is to say any instrument executed by a debtor where by he conveys his property for the benefit of his creditor, or  where by payment of a composition or dividend  on their debts is secured to the creditors, or  whereby provision is made for the continuance  of the debtor’s  business,  under the supervision of inspectors or under letters of license, for the benefit of his  creditors;

 Thirty-five rupees.
20

CONVEYANCE as defined by section 2(10), not being a sale, charged under (No.47-A) or a transfer charged or exempted under No. 53.



a)

Where the amount or value of the consideration for such conveyance as set-forth therein of  or the market value of the property which is the subject matter of the conveyance whichever is  higher does not exceed  Rs. 50;

Two rupees fifty paise

b)

Where it exceeds Rs. 50  but does not exceed Rs. 1,000

Five rupees for every one hundred rupees or part thereof.

c)

Where it exceeds Rs. 1,000



     Provided that where an agreement to sell immovable property is stamped with the advalorem stamp required for a conveyance on sale under Article   47-A and a conveyance on sale in pursuance of such agreement is subsequently executed, the duty on such conveyance on sale shall be the duty payable under the article less the duty already paid under article 47-A subject to minimum of five rupees. 
The same duty as under clause (b) for the First Rs. 1000, and for every Rs. 500 or part thereof in excess of Rs. 1000/- Twenty-five rupees. 

d)

Conveyance,  so far as it related to amalgamation or merger of companies under the order of High Court under section 394 of the Companies Act, 1956

Two rupees for every one hundred rupees or part thereof the market value of the property, which is the subject matter of such conveyance.
Explanation :- For the purpose of the clause(d) the market value of the property shall be deemed to the amount of total value of the shares issued or allotted by the transferee company, either in exchange or otherwise, and the amount of consideration, if any, paid for such amalgamation or merger.
21

COPY OR EXTRACT, certified to be a true copy or extract by or by order of any public officer and  not chargeable under the law for  the time being in force relating to court fees---



i)

If  the original was not chargeable with duty , which  it was chargeable does not exceed two rupees  fifty paise

Ten rupees

ii)

In any other case.



EXEMPTION

a)   Copy of any paper which a public officer is expressly required by law to make of furnish for record in any public office or for any public purpose.

b)   Copy of or extract from, any register relating to births, baptisms, namings, dedications, marriages, divorces, death or burials.


Twenty rupees
22

COUNTERPART OR DUPLICATE of any instrument, chargeable with duty and in respect of which the proper duty has been paid become proprietor of share, scrip or stock in or of any such company or body.



a)

If the duty with which the original instrument is chargeable does not exceed  ten rupees

The same duty as is payable  on the original.

b)

In any other case.

Twenty rupees
23

CUSTOMS BOND-



a)

 Where the amount does not  exceed Rs. 1000:

The same duty as a Bottomry  Bond ( No:14) for such amount.

b)

In any other case

 Thirty rupees
24

DELIVERY ORDER in respect of goods that is to say, any instrument entitling any person therein named, or his assigns or the holder thereof to the delivery of any goods lying in any dock or port or any warehouse in which goods are stored or deposited or rent or hire, or upto any wharf, such instrument, being signed by or on behalf of the owner, of such goods upon the sale or transfer of the property therein, when such goods exceed in value twenty rupees.

Twenty rupees.
25

DIVORCE: - instrument of that is to say any instrument by which any person effects the dissolution o his marriage.

Five rupees
26

ENTRY AS AN ADVOCATE on to roil of the Bar Council of Andhra Pradesh under the Advocate Act, 1961.

EXEMPTION


Entry as an Advocate on the roll of the Bar Council  of Andhra Pradesh  when he has been previously enrolled  as a Vakil  in Andhra Pradesh High Court or as an Advocate or Vakil in any other High Court
Two hundred and fifty rupees or if previously enrolled as an Attorney in any High Court, one hundred twenty five rupees.
27

EXCHANGE OR PROPERTY instrument of

The same duty a a conveyance (no 20) for a consideration or market value equal to the market value of the property of greater value, which is the subject matter of exchange.
28

FURTHER CHARGE- instrument of  that is to say  any instrument imposing a further charge on mortgaged  property---



a)

 When the  original  mortgage  is one of the descriptions referred to in clause (a) of Article 35 ( that is , with procession)

The same duty a Conveyance ( No : 20) for a consideration or market value equal to the amount of the further charge secured by such instrument.

b)

 When such mortgagee  is one of the  discretion referred  to in clause (b) of Article 35 ( that is , without possession):




i)
If at the time of execution of the instrument of further charge  possession of the property is given or  agreed to be given under such instrument:
The same duty as a conveyance  (No 20), for consideration or market value equal to the total amount of the charge including the original mortgage and any further charge already made), Less the duty already paid on such original mortgage and further charge.


ii)
If possession is not so give
The  same duty as a Bottomry  Bond ( No: 14) for the amount of the further charge secured by such instrument
29

GIFT – Instrument of , not being a settlement ( No:49) or will or Transfer ( No: 53)
The same duty a conveyance (No: 20) for a consideration or market value, of the property which is the subject matter of gift.
30

INDEMNITY  BOND
The same  duty as a security  Bond ( No: 48) for the same amount
31

LEASE,  including  an under lease or sub-lease and any agreement to let or sublet or any renewal of lease:-


a)
Whereby such lease the rent is fixed and no premium is paid or delivered



i)
Where the lease  purports to be for a term of less than one year;
Two rupees for every one hundred rupees or part thereof for the first Rs. 1,000/- and every Rs.500/- or part thereof in excess of Rs. 1000/- ten rupees, for the whole amount payable or deliverable under such lease.


ii)
Where the lease  purports to be for a term  of not less than one year  but not more than five years.
Two rupees for every one hundred rupees or part thereof for the first Rs.1000/- and for every Rs.500/- or part thereof in excess of Rs.1000/- ten rupees, for the whole amount or value of the average annual rent reserved.


iii)
 Where  the lease purports to be for a term exceeding  five years but not exceeding ten years
Five percent for a market value equal to the amount or value of one and half times of the average annual rent reserved.


iv)
 Where  the lease purports to be for a term exceeding  then years, but not exceeding  twenty years:
Five percent for a market value equal to the amount or value of three times of the average annual rent reserved.


v)
 Were the lease purports to be for a term exceeding twenty years, but  not exceeding  thirty years
Five percent for a market value equal to the amount or value of five times of the average annual rent reserved.


vi)a
 Where the lease purports to be for a period in excess of thirty years or in perpetuity or does not purport to be for a definite period.
Five percent on the market value of the property or value of ten times of the average annual rent reserved whichever is higher.


vi)b
Where the lease is granted for a fine or premium or for money advanced or to be advanced and where no rent is reserved.
Five percent on the market value of the property or the amount or value of such fine or premium or advanced as setforth in the lease, which ever is higher.


vi)c
Where the lease is granted for a fine or premium or for money advanced in addition to rent reserved.
Five percent on the market value of the property or the amount or value of such fine or premium or advanced as setforth in the lease which ever is higher in addition to the duty which would have been payable on such lease, if no fine or premium or advance had been paid or delivered.
Provided that, in any case when an agreement to lease is stamped with the advolarem stamp required for a lease and lease in pursuance of such agreement is subsequently executed, the duty on such lease shall not exceed one hundred. rupees.
Explanation :- Lease, executed in case of a cultivator and for the purpose of cultivation (including a lease of trees for the production of food or drink) without the payment or delivery of any fine or premium, when a definite term is expressed and such term does not exceed one year, or when the average annual rent reserved does not exceed one thousand rupees.

Explanation :- When a lessee undertakes to pay any recurring charge, such as Government revenue, the landlord’s share of cesses, or the owner’s share of municipal rates or taxes, which is by law recoverable from the lessor, the amount so agreed to be paid by the lessee shall be deemed to be part of the rent.



vi)d
Where the lessee undertakes to effect improvement in the leased property and agrees to make the same to the lessor at the time of termination of lease falling under clauses(a),(b) or (c);
Five percent on the value of the improvements contemplated to be made by the lessee as setforth in the deed in addition to the duty chargeable by the clauses(a),(b) or (c).
32

LETTER OF ALLOTMENT OF SHARES in any company or proposed company, or in respect of any loan to be raised by any company or proposed company
Thirty paise
33

LICENSEE of immovable or movable property , that  is to say licence granted by owner or authority  for rent or fee or by whatever name  it is called :-


(a)
 Whereby such licence granted for rent  or fee or by what ever name it is called :-



(i)
 Where the licence purports to be for a term of less than one year
Two rupees for every one hundred  rupees or part thereof  for the  first  Rs. 1000/-  and for every Rs.500/- or part  thereof  in excess of Rs 1,000/- ten rupees, for the whole  amount payable , or deliverable   under such licence;


(ii)
where the licence purports to be for a term of not less that one year  but not more than five years
Two rupees for every one hundred  rupees or part thereof  for the  first  Rs. 1000/-  and for every Rs.500/- or part  thereof  in excess of Rs 1,000/- ten rupees, for the  amount or value of the average  annual rent or fee or by whatever name  it is called ,


(iii)
Where the  licence  purports to be for a term of not less than five years gut not exceeding ten years ;
Five percent on the amount or  value of one and half  time of the average annual rent or fee or by what ever name it is called ;

(b)
 Where the licence is granted for a lumpsum amount advanced in  addition to rent or fee or by what  ever name it is called
Five percent on the lumpsum amount as setforth in the licence.

(c)
Where the licence is granted  for a  lumpsum  amount advanced in addition to rent  or fee or by whatever name it is called;
Five percent on the lumpsum amount  advanced as setforth in the licence in addition to the which would have been payable on such licence if no lumpsum amount advanced had been paid or delivered
34

MEMORANDUM OF ASSOCIATION OF A COMPANY :-


a)
 If accompanied  by Articles of Association under Section 26 of the Companies Act, 1956 ( central Act of 1956)
Five  hundred rupees

b)
 If not so accompanied

 

 The same duty as under article 11, according to the share capital of the company
35

MORTGAGE DEED not being an agreement relating to Deposit of Title Deeds, Pawn or Pledge (No: 7), Bottomry Bond (no 14), Mortgage of a crop (No: 36) Respondentia Bond (No: 47) or Security Bond (No: 48).


a)
 When possession of the  property  or any part of the property comprised in such deed is given by the mortgage or agreed to be given;
The same duty as a Conveyance (No:20) for a consideration or market value equal  to the amount secured by such deed.

b)
 When possession is not given or agreed to be given as aforesaid;

EXPLANATION

 A mortgagor who gives or has given to the mortgagee a power of attorney to collect rents, or has given to the mortgagee a lease, of the property mortgaged or part thereof, is deemed to give possession thereof within the meaning of this article.
The same duty as a Bottomry Bond (No: 14) for the amount secured by such deed.

c)
When  a collateral  or auxiliary  or additional or substituted security ,  by way of further assurance for the above mentioned purpose where the principal  or primary security is duly stamped.


       For every sum secured  not exceeding  Rs. 1000/-
Three rupees
       and  for every Rs. 100/- or part thereof secured in excess or Rs. 1000/-

EXEMPTION

 Instruments executed by persons talking advances under the Land Improvement Loans Act, 1883 (Central Act 19 of 1883) or the Agriculturists Loan Acts1884, or by the their sureties as security for the repayment of such advances.
Three rupees
36

Mortgage of  a Crop,  including any instrument evidencing an agreement to secure the repayment of a loan made upon any mortgage of a crop; whether the crop is  or  is not in existence at the mortgage


a)
 When  the loan is repayable not more than three months from the date of the instrument---


For every sum  secured not exceeding Rs. 200;
Forty paise
And for every Rs. 200 or part there of secured in excess of Rs. 200;
Forty paise

b)
 When the loan is repayable more than three  months but not more than eighteen months from the date of the instrument---


For every sum  secured not exceeding Rs. 100;
Sixty paise

and for every Rs. 10 or part there of secured in excess of Rs. 100;
Sixty paise
37

NOTARIAL ACT, that  is to say, any instrument, endorsement , note  attestation, certificate or entry not being a protest( note .43) made or signed by a Notary  in the execution of the duties  of his office, or by any other person lawfully acting  as a Notary
Three rupees fifty paise
38

NOTE OR MEMORANDUM sent by a broker or agent to his principal intimating the   purchase or sale on account of such principal--


a)
Of any goods exceeding  in value twenty rupees
 One rupee

b)
 Of any stock or marketable security exceeding in value twenty rupees;
 Subject to a maximum of fifty rupees, fifty paise for every Rs 10,000/- or part thereof of the value of the stock or security.
39

NOTE OF PROTEST BY THE MASTER OF A SHIP
 Two rupees
40

PARTITION – instrument of [as defined by section 2(15)]
 The same duty as a Bottomry Bond (No: 14) for the amount or the market value of the separated share or shares of the property.

N.B. :- the  largest share remaining   after  the property is partitioned ( or if there are two  or more shares of  equal market value and not smaller than any of the other shares, then one of such equal share) shall be deemed to be that from which the other shares are separated: 

Provided always that :-

a) when  an instrument of partition containing an agreement to dived property in severality is  executed and a partition is  effected in pursuance of such agreement,  the duty chargeable upon the instrument  effecting such partition shall be reduced by the  amount of duty  paid in respect of the first instrument but shall not be less than five rupees;

b)  where land  is held on Revenue  settlement  for a period not  exceeding thirty  years and paying the full assessment,  the market value for the purpose of duty shall be calculated  at twenty-five  times the annual revenue;

c)  Where a final order for effecting a partition passed by any Revenue Authority or any Civil Court, or an award by an Arbitrator directing a partition is stamped with the stamp required for an instrument of partition in pursuance of such order or award is subsequently executed.   The duty on such instrument shall not exceed five rupees. 

NOTE:-
Stamp duty has been reduced to 1% in respect of partition deeds relating to partition of properties among Family members (vide Notification I of G.O.Ms. No: 1128 Revenue (Regn-I) Department, dated 13-6-2005 w.e.f. 1-7-2005
41

PARTNER SHIP --


A
 Instrument of




(a)
Where the capital of the  partnership does not exceed Rs. 5,000/-
One hundred rupees


b)
In any other case
Five  hundred rupees






B

Reconstitution of  --



(a)
Where immovable property contributed as share  by a partner  or partners remains with the firm at the time of outgoing in whatever manner by such  partner or partners on reconstitution of such partnership
 Five percent on the market value or the immovable  property remaining with the firm


(b)
Any other case
 Rupees five hundred

C
Dissolution of :-



(a)
 Where the property which belonged to one partner or partners when the  partnership commenced is


or
Distributed  or allotted or given to another partner or  partners
 Five  percent on the market value  equal to the market value of the property distributed or allotted

Given to the partner or partners  under the instrument of dissolution in addition tot he duty  which would have been chargeable  on such dissolution if such property had not been distributed or allotted  or given;



(b)
 in any  other case
 Rupees  five hundred
42

POWER OF ATTORNEY  as defined by section 2 (21) not being a proxy


a)
When executed for the sole purpose  of procuring the  registration of one or more documents  in relation to a single transaction or for admitting executions  of one  or more such document;
Twenty  rupees

b)
When  authorising one person or more to act in a single transaction other than the case mention in classes (a)
Twenty  rupees

c)
 When authorising  not more than five persons to act jointly and severally in more than one transaction or generally
Fifty rupees

d)
 When  authorising more than five but more than ten persons to act  jointly and severally in more than one transaction or generally
Seventy five rupees

e)
When given for consideration and authorising the attorney to sell any immovable property;
 The same duty as conveyance  ( No 20) for  a consideration or market value equal to the amount of the consideration.

f) 
In any  other case:

N.B: the term“ Registration” includes every operation incidental to registration under the Registration Act 1908(Central Act 16 of 1908).
Twenty five rupees for each person authorised

g)
When given for construction or development  of , or sale or transfer ( in any manner  whatsoever  ) of, any immovable property

EXPLANATION

 For the purpose of this article,  more persons than one when belonging  to the same firm  shall   be deemed to be one person.

Five  rupees for every one hundred rupees or part thereof  on the  market value of the property;

Note:-

Stamp duty has been reduced to
(i)  Rs 1000/-  when the GPA  is given in favour of family member and
(ii) to 1%  when GPA is given in favour of other than family members Vide G.O.Ms. No 1128, Revenue (Regn-I) Department, dated `13-06-2005  w.e.f. 1-7-2005

N.B. : the term “ registration’ includes every operation incidental to registration  under  Registration Act , 1908 ( central Act 16 of 1908)
43

PROTEST OF BILL OF NOTE, that is to say any declaration in writing made by a Notary or other person lawfully acting as such attesting the dishonour of a bill of exchange or promissory note.
Three rupees
44

PROTEST BY THE MASTER OF SHIP, that is to say, any declaration of the particulars of her voyage drawn up by him with a view to the adjustment of losses or the calculation of averages, and every declaration in writing made by him against the charters or the consignees for not loading or unloading the ship, when such declaration is attested or certified by a Notary or other person lawfully acting as such.
Five rupees.
45

RECONVEYANCE OF MORTGAGED PROPERTY:-


a)
If the  consideration for which the property was mortgaged does not exceed  Rs. 1000
The same duty as a conveyance (No : 20) for a  consideration or market value equal to the amount of such consideration  as setforth in the re-conveyance

b)
In any other case
Fifty rupees
46

RELEASE, that  is to say ,


A)
Any instrument ( not being such a release  as is provided for by section 23-A) whereby a person renounces a claim  upon another person or against any specified property-



a)
 Where the amount or value of the claim does  not exceed Rs. 1000
Three rupees for every  one hundred rupees or  part thereof  on the  consideration for such release as setforth therein  or the market value of the property whichever is  higher, over which claim is relinquished.


B
Where it exceeds Rs. 1,000/-
 The Same duty as under the Clause (a) for the  first Rs. 1,000 and for every Rs. 500 or  part thereof  in excess of Rs.1000/- fifteen rupees  on the consideration or market value of the property, whichever is higher over which claim is relinquished.
NOTE :
Stamp duty has been reduced to 1% in respect of Release Deeds relating to release of rights in favour of Family members ( Vide Notification II of G.O.Ms. No. 1129 Revenue (Regn.I) Dept., dated 13.6.2005) w.e.f. 1.7.2005.

B)

Release of benami right
 The same duty as a conveyance (No: 20) for  a consideration equal to the value of the property  as set forth in the release .

C)

 Release of right of redemption of a mortgage with possession or of the right to obtain reconveyance of property already conveyed.
The same duty as a conveyance (No: 20) for  the amount of such consideration  as set forth in the release.
47


 RESPONDENTIA BOND, that is to say, any instrument securing a loan on the cargo laden or to be laden on board a ship and making repayment contingent on the arrival of the cargo at the port of destination.
The same duty as a Bottomry Bond (No: 14) for the mount of the loan secured
47-A

SALE as defined in section 54 of the Transfer of property Act 1882


a)
In respect of property situated in any  local area comprised in a Municipal  Corporation:



i)
 Where the amount or value of the consideration  for such sale as set forth in the instrument or the market value of the property which is the subject matter of the sale whichever is higher , but  does not exceed Rs. 1000/-
Eight rupees for every one hundred rupees or part thereof.


ii)
 Where  it exceeds Rs. 1000/-
 The same duty as under clause (i) for the first Rs. 1000 and for every Rs. 500 or part thereof in excess of Rs. 1000 forty rupees.
NOTE :
Stamp duty has been reduced to 7% vide G.O.Ms.No. 1126 Revenue (Regn.I) Dept dated 13.6.2005) w.e.f. 1-7-2005.

b)

In respect of property situated in any local area comprised in the Selection Grade or in Special Grade Municipality-



i)
 Where  the amount or value of the consideration for such sale as set forth  in  the instrument or the market value of the property which  is the  subject matter of the sale, whichever is higher but does not exceed Rs. 1000/-
Seven  rupees for every one hundred rupees or part thereof


ii)
Where it exceeds Rs. 1000/-
 The same duty as under clause (i) for the first Rs. 1000, and for every Rs. 500 or part thereof in excess of Rs. 1000/-  Thirty Five  rupees.

c)

 Where the property is situated in any area other than those mentioned in Clauses (a) and (b)-



i)
 Where the amount or value of the consideration for such sale   as setforth  in the instrument or the property which is the subject matter  of the sale, whichever is higher, but does not exceed Rs. 1000/-
Six rupees for every one hundred rupees or part thereof.


ii)
Where it exceeds Rs. 1000/-
 The same duty as under clause (i) for the first Rs.1000, and for every Rs 500 or part thereof in excess of Rs. 1000/- thirty rupees.

d)

 If relating to a multi-unit house or unit or apartment/ flat / portion of multi-storied building or part of such structure of which the provisions of Andhra Pradesh Apartment (promotion   of Construction and Ownership Act, 1987, apply:-



@i)
Where the value  does not exceed Rs. 2,00,000/-
Rupees twelve thousand
@ As per notification under section 9 of the India Stamp Act, 1889 issued in G.O.Rt.No: 1432, Revenue (Registration-I) department, dated 20-11-1995, the stamp duty chargeable under Act, 47-A (d) on Sale Deeds relating to apartment, whose value does not exceed Rs. 1,50,00/- has been reduced to that chargeable under Act 47-(a) to (c), as the case may be.


ii)
Where  it exceeds Rs. 2,00,000/- but does not exceed Rs. 3,50,000/-
 Rupees twelve thousand  plus 4% on the value above Rs. 2,00,000/-



Where  it exceeds Rs. 3,50,000/- but does not exceed Rs. 7,00,000/-
Rupees Eighteen thousand plus 6% on the value  above Rs. 3,50,000/-


iii)
 Where  it  exceed Rs. 7,00,000/-

EXPLANATION-I


 An agreement to sell followed by or evidencing delivery of possession of the property agreed to be sold shall be chargeable as a ‘ sale ‘ under this article

Provided that, where subsequently a sale deed is executed in pursuance of an agreement of sale as aforesaid or in pursuance of an agreement referred to in clause (B) of article 6, the stamp duty, if any, already paid or recovered on the agreement of sale shall be adjusted towards the total duty leviable on the sale deed.

 EXPLANATION-II


For  the purposes of clause (d)

i)     ‘unit  includes a flat,  apartment, tenement, portion  or semi finished part of such structure; and

ii)    ‘Value means the consideration or value of the apartment/flat/ portion or semi-finished part of such structure of multi-storied building as declared in the document by the seller and builder or market value, whichever is higher.’

Rupees thirty-nine thousand plus 8% value above Rs. 7,00,000/-
NOTE :
Stamp duty has been reduced to 5% in respect of Flats/Apartments including semi finished structures under sub-clauses(i) to (iv) of clause (d) vide G.O.Ms.No. 1127, Revenue(Regn-I) Dept, dt. 13.6.2005 w.e.f. 1.7.2005.
1
MUNICIPAL CORPORATIONS:-
1. Hyderabad
8. Kakinada
2. Vijayawada
9. Nellore
3. Visakhapatnam
10. Eluru
4. Guntur
11.Kadapa
5.Warangal
12.Nizamabad
6.Kurnool
13.Karimnagar
7.Rajahmundry
14.Anantapur
2
SELECTION  GRADE MUNICIPALITIES :-
1.Vijayanagaram
6. Kukatpally
2.Ongole
7.Malkajgiri
3.Tirupathi
8.Kapra
4.Chittoor
9.Uppal Kalan
5.L.B.Nagar
10.Seri Lingampally



3
SPECIAL GRADE MUNICIPALITIES :-
1. Bhimavaram
7. Adoni
2. Machilipatnam
8. Proddatur
3.Gudivada
9.Khammam
4. Tenali
10. Qutubullapur
5. Hindupur
11. Mahaboobnagar
6. Nandyal
12.Ramagundam
48


SECURITY BOND  or MORTGAGE DEED  executed by way of security for the due execution of an officer or to account for money or  other property received by virtue thereof  executed by a surety to secure the  due performance of a contract


EXEMPTION

Bond other instrument; when executed  :-

a)    by any person for the purpose of guaranteeing  that the local income derived from private subscription  to a charitable  dispensary or hospital or any other object  of public utility, shall not be less than a specified sum per mensem;


b)      executed by  persons taking advance under the Land improvement loan Act 1883,  advance under  the Land  Improvement Loans Act 1983 ( Central  Act 19 of 1983) of the Agriculturists Loans Act 1884 ( Central Act 12 of 1884) or by their sureties as security for the repayment of such advances ;
c)    executed by officers of Government  or their  sureties  to secure the  due execution of an office or the due accounting for money or other property received by  virtue thereof .

Three per centum of the value of the security subject to a maximum of rupees one hundred.
49


SETTLEMENT :-



A

Instrument  of ( including a deed  of dower




a)

Settlement in favour of a member or members of a family.


EXPLANATION


 For the purpose of this Article “Family “ means father, mother, husband, wife, brother, sister, son daughter, and includes grand-father, grand- mother, grand-child, adoptive father or mothers, adopted son or daughter.
 The same duty as Bottomry  Bond ( No:14)  for a sum equal to the amount or market value of the property settled as set forth in such settlement;

Provided that where and agreement to settle is stamped with the stamp required for an instrument of settlement and an instrument of settlement in pursuance of such agreement is subsequently executed, the duty on such instrument shall be the duty as mentioned in the Article 6.  
NOTE :
Stamp duty has been reduced to 1% in respect of Settlement Deeds in favour of family members (vide Notification III of G.O.Ms.No. 1129 Revenue(Regn.I) Dept. dt. 13-6-2005) w.e.f. 1-7-2005.


b)

 In any other case.



Exemption:

Deed of dower executed on occasion of a marriage between Muslims.
Six-rupees for every hundred rupees or part thereof of the market value of the property which is the subject matter of settlement.

B

Revocation of -

The same duty as a Bottomry  Bond ( No: 14) for  a sum equal to the amount of  value  of the property concerned as set forth in the instrument of revocation but not exceeding  ninety rupees.
50


SHARE WARRANT to bearer issued under the companies Act 1956 (central Act I of 1956).

 One and a half times duty  payable on Conveyance (No: 20) for a consideration or Market value equal  to the nominal amount of the shares specified in the warrant.
51.


SHIPPING –ORDER for or relating toe the conveyance of goods on board of any vessel.

 Twenty paise.
52


SURRENDER OF LEASE ;



a)

When duty with which the lease chargeable does not exceed thirty rupees.

The duty with such lease is chargeable

b)

In any other case

Thirty rupees
53


TRANSFER ( whether  with or  without consideration)-



a)

 Of debentures being marketable securities, whether the debenture is liable to  duty or not,  except  debentures provided for by section 8:

One half of the duty payable  on a conveyance  (No:20)for a consideration,   or market value  equal to the  face amount of the debenture .

b)

of any interest secured by a bond, mortgage-deed  or policy of insurance --




i)

 If the duty on such bond, mortgaged-deed or policy of insurance does not exceed thirty rupees.

 The duty with which such bond  mortgaged- deed or policy of insurance  is chargeable


ii)

 In any other case

Thirty  five rupees.

c)

 Of any property under the Administration General Act, 1963, (Central Act 45 of 1963).

Thirty rupees.

d)

Of any trust- property from one trustee to another trustee or from a trustee to a beneficiary.


EXEMPTION

Transfer by  endorsement---
 Thirty rupees or such smaller amount as may be chargeable under clauses (a) and (b) of the Article


a)

of a bill of exchange, cheque  or promissory note ;




b)

 of a  bill of lading, delivery   order, warrant  for goods, or other mercantile document of




c)

Of a policy of insurance;




d)

 Of securities of the Central Government.


54


TRANSFER OF LEASE by  way of  assignment and not  by way of under -lease

The same duty as a Conveyance (No: 20) for  a consideration or market value equal to the amount of the  consideration for the transfer.
55


Trust--



A

Declaration of –of , or  concerning any property when  made by any writing, not  being a will or a declaration as provided in section 2(24).

 The same duty as a conveyance (No: 20) for sum equal to the amount or value of the property concerned, as setforth in  the instrument but not exceeding two hundred rupees.

B

Revocation of-of, or concerning any property when made by an instrument other than a will.

 The same duty as a conveyance (No: 20) for sum equal to the amount or value of the property concerned, as setforth in the instrument but not exceeding one hundred rupees.
56


WARRANT FOR GOODS, that us to say, any instrument evidencing the title of any person therein named or his assign, of the holder thereof to the property in any goods lying in or upon any dock, warehouse or wharf, such instrument being signed or certified by or on behalf of the persons in whose custody such goods may be.

One rupee fifty paise















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