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§ 62.

§ 63.

omission to

$ 27.

shall for every such offence be punished with fine, which may extend to 500

rupees; Provided that, when any penalty has been paid in respect of any instrument under $ 34, the amount of such penalty shall be allowed in reduction of the fine (if any) subsequently imposed under this section in respect of the same instrument upon the person who paid such penalty.

Any person required by § 11 to cancel an adhesive Penalty for stamp, and failing to cancel such stamp in manner prescribed failure to by that section, shall be punished with fine, which

cancel adhesive extend

may to 100 rupees.

stamp. Any person who, with intent to defraud the Govern- Penalty for ment of any duty, (a) executes any instrument in which all the facts and comply with

provisions of circumstances required by § 27 to be set forth in such instrument are not fully and truly set forth, or,

(6) being employed or concerned in or about the preparation of any instrument, neglects or omits fully and truly to set forth therein all such facts and circumstances,

shall be punished with fine, which may extend to 5,000 rupees.

§ 66. Any person drawing or executing a bill of exchange or Penalty for not a policy of marine insurance purporting to be drawn or executed drawing full in a set of two or more, and not at the same time drawing or exe- number of bills

or marine cuting on paper duly stamped the whole number of bills or policies of which such bill or policy purports the set to consist, shall porting to be

policies purbe punished with fine, which may extend to 1,000 rupees.

§ 67. Whoever, with intent to defraud the Government of Penalty for duty, draws, makes or issues any bill of exchange or promissory post dating note bearing a date subsequent to that on which such bill or

bills, &c. note is actually drawn or made, and whoever, knowing that such bill or note has been so post-dated, indorses, transfers, presents for acceptance or payment, or accepts, pays or receives payment of such bill or note, or in any manner negotiates the same,

and whoever, with the like intent, practises or is concerned in For other any act, contrivance or device not specially provided for by this devices to Act or any other law for the time being in force,

defraud the shall be punished with fine, which may extend to 1,000 rupees.

69. No prosecution in respect of any offence punishable under Institution and this Act, or the General Stamp Act, 1869, or any Act thereby conduct of prorepealed, shall be instituted without the sanction of the Collector secutions. or such other officer as the Local Government generally, or the Collector specially, authorizes in that behalf.

72. Nothing in this Act shall be deemed to prevent any person Operation of from being prosecuted under any other law for any act or other laws not omission which constitutes an offence against this Act, or the barred. rules made under it:

in sets.

revenue.

Provided that no person shall he punished twice for the same offence.

SCHEDULE I. No. 5. Agreement or memorandum of an agreement. STAMPS.

(a). If relating to the sale of any Government security, share in a Company or Association or Bill of Exchange.

One apna. No. 11. Bill of Exchange or promissory note, not being a cheque, bond, bank note, or currency note

(a) When payable on demand and the amount exceeds Rs. 20. One anna.

(b) When payable otherwise than on demand, but not more than one year after date or sight :

If drawn in set If drawn in set If drawn singly. of two, for each of 3, for each

part of the set. part of the set.

RS.

A.P.

RS.

A.P.

RS.

A. (P.

400

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120

CO O NON

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Rs.
If the amount of the bill
does not exceed

200
20
10

10 If it exceeds 200 and not exceeds.

400
40

0

2 0
600
6 0

30
600
1,000
100

50
1,000
1,200

6 10
1,200
1,600 1 100

80
1,600
2,500 i 180

1210
For every Rs. 2,500 or part
thereof in excess of Rs. 2,500
up to Rs. 10,000 .

1
80
120

8 0 For every Rs. 5,000 or part thereof in excess of Rs. 10,000 up to Rs. 30,000

3 010 1 80 1 0 0 And for every Rs. 10,000 or part

thereof in excess of Rs. 30,000. 6 0 0 3 00 2 0 0 (c) When payable at more than one ( The same duty as a bond (No. 13) for year after date or sight .? the amount of such bill or note.

See Tables I, II, post, pp. 215 & 216. No. 19. Cheque for an amount exceeding twenty rupees.

No. 45. Notarial Act, that is to say, any instrument, indorsement, note, attestation, certificate or entry made or signed by a notary public in the execution of the duties of his office or by any

other person lawfully acting as a notary public

one Rupee. PROMISSORY NOTE

See Bills of Exchange No. 11. PROTEST, that is to say, any de-?

claration in writing made by
a Notary Public or other per-
son lawfully acting as such, See Notarial Act, No. 45.
attesting the dishonor of a bill
of exchange or promissory
note

...

one anna.

SCHEDULE I I.

Instruments exempted from Stamp Duty. No. 15. Receipt.(a) Indorsed on or contained in any instrument duly stamped, or ex.

empted under this schedule, No. 18, acknowledging the receipt of the consideration money therein expressed, or the receipt of any principal money, interest, or annuity, or other periodical payment

thereby secured. No. 17. Transfers by indorsement.(a) Of a bill of exchange, cheque or promissory note.

Bills of Exchange or Promissory Notes. For ready reference the following detailed tables shewing the Stamp

duties payable under Act I of 1879, on Bills of Exchange, and Promissory Notes, are inserted. TABLE I.-Scale of Stamp-duty chargeable on Bills and Promissory Notes payable otherwise than on demand, but not more than one year after date.

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0

200
0 2
0 1

0 1 200

400
0 4
0

2 400

600
0 6

0 3
600
1,000

10

0
1,000

1,200
0 12

0 6
1,200
1,600 1

0

0
1,600

2,500
1 8
0 12

0
2,500

5,000
3
1 8

1
5,000
7,500 4 8

2

1 8 7,500 10,000 6 3

2
10,000

15,000
9 0
4

3
15,000
20,000 12

6
20,000
25,000 15

7
25,000

30,000 18
30,000
40,000 24

12
40,000
50,000 30

15

10
50,000
60,000 36

18

12
60,000
70,000 42

21

14 70,000 80,000 48

24

16
80,000 90,000 54

0
27

18
90,000 1,00,000

30 And so on adding Rs. 6, 3 and 2 respectively to the amount of stampduty for a single Bill or sets of 2 and 3, for every 10,000 Rs. or frac. tions thereof in excess of the sum last specified.

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.

60

20

TABLE II.-Scale of Stamp-duty. payable on Bills of Exchange and Promissory notes when payable at more than one year after sight.

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100

08

500

1,000

0

10

0 2 10,000 10,500 52 8 10

50

0 4 10,500 11,000 55 0 50

11,000 11,500 57 100

200

1 0 11,500 12,000 60 200 300

12,000 12,500 62.8 300

400

2 0 12,500 13,000 65 0 400

8 13,000 13,500 67 8 500

600 3 0 13,500 14,000 70 0 600

700 3 8 14,000 14,500 72 8 700

800 4 0 14,500 15,000 75 0 800

900 4 8 15,000 15,500 77 8 900 5 0 15,500

16,000

80 0 1,000

1,500
7 8 16,000 16,500

82 1,500 2,000 10 0 16,500 17,000 85 2,000 2,500

12 8

17,000 17,500 87 8 2,500

3,000
15 0

17,500 18,000 90 0 3,000

3,500 17 8 18,000 18,500 92 8 3,500 4,000 20 0 18,500 19,000

95 0 4,000

4,500

22 8 19,000 19,500 97 8 4,500

5,000 25 0 19,500 10,000
5,000
5,500 27 8 20,000

20,500
5,500 6,000 30 0 20,500 21,000 105 0
6,000 6,500 32 8 21,000 21,500

107 8 6,500 7,000 35 0 21,500 22,000 7,000 7,500 37 8 22,000 22,500 7,500 8,000 40

22,500 23,000 115 0 8,000 8,500

23,000 23,500 8,500 9,000

45

23,500 24,000 120 0 9,000 9,500 47 8 24,000 24,500

122 8 9,500 10,000 50 0 24,500 25,000 125 0 And so on adding Rs. 2.8.0 to the last amount specified as stamp-duty for every additional Rs. 500, or parts thereof contained in the Bond.

100 0 102 8

110 0 112 8

42

117 8

:

STAMP-RULES.

Fort William, the 3rd March 1882. No. 1288.—In exercise of the powers conferred by Sections nine, fifteen, seventeen, thirty-two, fifty-one, and fifty-six of the Indian Stamp Act, 1879, the Governor-General in Council is pleased to make the following Rules :

CHAPTER 1.PRELIMINARY. 1. These Rules shall come into force throughout British India on the 1st April 1882 in supersession of the Rules, promulgated by Notifications No. 875, dated 26th February, and No. 966, dated 4th June 1881.

2. All words and expressions used in these Rules and defined in the Indian Stamp Act, 1879, shall be deemed to have the meaning attached to them respectively by the said Act.

3. There shall be two kinds of stamps for indicating the payment of duty on instruments under the Indian Stamp Act, 1879, namely~ (a.) Impressed Stamps—including

Impressed Sheets,—that is to say, sheets of paper bearing

the impression of Stamps of different values engraved thereon, and sold to the public for use by them in

accordance with these Rules. Impressed Labels,—to be affixed and impressed by Gov

ernment Officers as directed in Chapter III of these

Rules, (6.) Adhesive Stamps sold to the public for use by them in

accordance with these Rules.

CHAPTER II.-OF IMPRESSED SHEETS. 4. All instruments chargeable with duty, except hundis, may be written on Impressed Sheets, and, except as provided by Sec. tion ten of the said Act and by these Rules, shall be so written.

6. (a.) Hundis other than hundis which can be stamped with an adhesive stamp under Section ten of the said Act shall be written as follows: (1) Hundis payable otherwise than on demand, but not

more than one year after date or sight, and for amounts not exceeding Rs. 30,000 in individual value, on

impressed sheets bearing the word Hundi; (2) Hundis exceeding Rs. 30,000 in individual value, and

Hundis payable at more than one year after date or sight, on paper supplied for sale by the Government,

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