Tariff is a tax levied by the state on goods imported within national borders or exported from a country`s borders. Tariffs are now an important source of income for all countries, especially in the case of developing countries such as… If the consideration is less than 50 rupees (rule 50/-), the stamp duty payable is 75 Paise (rule 0.75/-). Where the redistribution concerns land located within a commune, a cantonal office or declared territories, the stamp duty to be paid is one hundred (rule.100/-). In the event that possession is not given or agreed to be given, the stamp duty paid is five rupees per mile, or 0.5% for the amount guaranteed by that deed. The low cap for the payment of stamp duty is one hundred rupees (Rs. 100/-) and the top cap is ten lakh rupees. Article 44 of the Karnataka Stamp Act calendar stipulates that stamp duty is five per cent (5%) the market value is equal to the amount of that consideration set in the retrocession if the consideration for which the property was mortgaged does not exceed one thousand rupees. Section 51 of Schedule 1 of the Bombay Stamp Act mentions stamp duty on five-cent rupees (rule 500/-) on the recapture of the mortgaged property. Stamp duty, equivalent to 90% of the transport right, due to the consideration provided in the document, must be paid in this act and the remainder of the 10% of the tax must be paid at the time of completion of the document. The following article stipulates stamp duty in four states, Maharashtra, West Bengal, Delhi, and Karnataka; Section 54 of Schedule 1A of the Stamp Act states that stamp duty on the recapture of the mortgaged property is six per cent of market value if the consideration does not exceed 1,000 aces, in areas in which the Kolkata Improvement Act, 1911 or howrah Improvement Act 1956, or other local authorities extends. However, if the real estate is not located in municipal factories, the stamp duty is five percent (5 percent). market value.
In all other cases, the stamp duty to be paid is one hundred (Rs.100/-). Stamp duty on transfer by the delivery of the bond is seven rupees fifty paise for each rupee five cents when the quantity exceeds one thousand. With the introduction of these amendments, the document included for-compensation transfer contracts, all land, including the agreement for sale within the meaning of Section 53A of the Transfer of Property Act,1882, must be registered if they were executed on September 24, 2001.