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The Chandigarh Stamp Act is a legislation that governs the use of stamps and the payment of stamp duty in the Union Territory of Chandigarh. It is based on the Indian Stamp Act, 1899, but has been amended several times to suit the specific needs of Chandigarh.
The Chandigarh Stamp Act specifies the types of documents that are required to be stamped, the rates of stamp duty payable, and the penalties for non-compliance. It also provides for the procedures for obtaining stamps and for the assessment and collection of stamp duty.
Some of the key provisions of the Chandigarh Stamp Act include:
The Chandigarh Stamp Act is an important piece of legislation that helps to ensure that the government receives the revenue it needs from stamp duty. It also helps to prevent fraud and to protect the interests of all parties involved in a transaction.
|Acknowledgement of a debt||A written acknowledgment of owing a debt.||Rs. 5|
|Administration Bond||A bond filed by administrators of an estate.||Rs. 15|
|Adoption Deed||Legal document formalizing the adoption of a person.||Rs. 200|
|Affidavit||A written statement of facts sworn to be true.||Rs. 5|
|Agreement or Memorandum of an Agreement||A contract between parties outlining terms and conditions.||Subject to a maximum of twenty three rupees, one rupee, for every Rs. 10,000 of part thereof of the value of the security or share.|
|Agreement related to deposit of Title-Deeds, Pawn or Pledge||Document related to the deposit or pledge of assets.||Rs. 35|
|Appointment in Execution of Power||Document appointing someone to execute a power.||Rs. 38|
|Appraisement or Valuation||Document relating to the appraisal or valuation of property.||Rs. 5|
|Apprenticeship Deed||Agreement outlining terms of an apprenticeship.||Rs. 5|
|Articles of Association of a Company||Document detailing regulations for a company’s operation.||Rs. 120|
|Articles of Clerkship||Document related to a clerk’s articles of training.||Rs. 250|
|Award||Legal decision or judgment by an arbitrator.||Two Rupees subject to a maximum of on hundred and thirteen rupees|
|Bill of Exchange||Written order to pay a certain amount to a specific party.||Rs. 5|
|Bond||Agreement with specified financial obligations.||Rs. 10|
|Bottomry Bond||Bond related to maritime law, involving ship and cargo.||Rs. 6 on every Rs. 500|
|Cancellation||Document cancelling a previous agreement or transaction.||Rs. 15|
|Certificate of Sale||Document certifying the sale of property.||Rs. 5 on Every Rs. 500|
|Certificate or Other Document||General term for various types of certificates.||Rs. 10|
|Charter Party||Agreement for hiring a whole or part of a ship.||Rs. 15|
|Composition Deed||Agreement settling terms of debt repayment.||Rs. 30|
|Conveyance||Transfer of property ownership.||Rs. 63 on Every Rs. 500|
|Conveyance in the nature of part performance||Conveyance showing partial transfer.||90% of (Rs. 5 on Every Rs. 500)|
|Copy or extract||Duplicate copy or extract of a document.||Rs. 5|
|Counterpart or duplicate||Duplicate or counterpart of an original document.||Rs. 5|
|Customs Bond||Bond related to customs duties or taxes.||Rs. 15|
|Debenture||Document evidencing a loan or debt.||Rs. 3.75 on every Rs. 500|
|Divorce||Legal dissolution of a marriage.||Rs. 30|
|Entry as an advocate, vakil, or attorney on the roll of any high court||Enrolment as a legal practitioner.||Rs. 750|
|Exchange of Property||Transfer of property through exchange.||Rs. 5 on Every Rs. 500|
|Further Charge||Additional charge on an existing mortgage.||Rs. 5 on Every Rs. 500|
|Gift||Transfer of property as a gift.||Rs. 5 on Every Rs. 500|
|Indemnity Bond||Bond ensuring compensation for loss or damage.||Rs. 5|
|Lease||Legal agreement for property use.||Explained Here|
|Letter of allotment of shares||Letter confirming allocation of shares in a company.||Rs. 5|
|Letter of Credit (Letter of Guarantee)||Financial instrument to ensure payment to a third party.||Rupee 1|
|Letter of License||Document granting a license for certain actions.||Rs. 30|
|Memorandum of association of a company||Legal document outlining company’s constitution.||Rs. 1000|
|Mortgage Deed||Document related to mortgage of property.||Rs. 40 for every Rs. 500|
|Mortgage of a crop||Mortgage of agricultural produce or crop.||Rupee 1 for every Rs. 100|
|Notarial Act||Act performed by a notary public, often involving oaths.||Rs. 15|
|Note or Memorandum||Written note or memorandum of a transaction.||Rs. 5 for every Rs. 10,000|
|Order for the payment of money||Official order for the payment of a certain amount.||Rupee 1|
|Partnership Deed||Agreement outlining terms of partnership.||Rs. 40|
|Dissolution of Partnership||Document regarding the dissolution of a partnership.||Rs. 15|
|Protest of Bill or Note||Formal declaration of dishonor of a negotiable instrument.||Rupee 1|
|Receipt||Document acknowledging the receipt of money or goods.||Rupee 1|
|Reconveyance of Mortgaged Property||Transfer of mortgaged property back to the owner.||Rs. 10|
|Release||Document releasing someone from a claim or obligation.||Rs. 10|
|Security Bond||Bond providing security against a certain event.||Rs. 5|
|Surrender of Lease||Document surrendering a lease agreement.||Rs. 5|
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