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THE BOMBAY STAMP ACT, 1958 - Igrmaharashtra.gov.in

THE BOMBAY STAMP ACT, 1958 - Igrmaharashtra.gov.in

THE BOMBAY STAMP ACT, 1958 - Igrmaharashtra.gov.in

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3 [Provided that the clearance list described <strong>in</strong> Article 19,20,21,22, or 23 ofSchedule I may be stamped by an officer authorized by the StateGovernment by rules made under this Act, if such clearance list issubmitted by the clear<strong>in</strong>g house of an Association <strong>in</strong> accordance with itsrules and bye-laws with the requisite amount of stamp duty, with<strong>in</strong> twomonths from the date of its execution]_______________________1. These words were added, by Mah. 27 of 1985, s.12 (w.e.f. 10-12-1985).2. Added, by Mah. 17 of 1993, s.31 (w.e.f. 10-12-1985).3. These proviso was substituted for the orig<strong>in</strong>al by Bom. 95 of <strong>1958</strong>, s.318. Instruments executed out of state.(1) Every <strong>in</strong>strument chargeable with duty executed only out of this Statemay be stamped with<strong>in</strong> three months after it has been first received <strong>in</strong>this State.(2) Where any such <strong>in</strong>strument cannot with reference, to the description ofstamp prescribed therefore,19. Payment of duty on certa<strong>in</strong> <strong>in</strong>struments 1 [or copies thereof] liable to<strong>in</strong>creased duty <strong>in</strong> 2 [Maharashtra State.]Where any <strong>in</strong>strument of the nature described <strong>in</strong> any article <strong>in</strong>Schedule I and relat<strong>in</strong>g to any property situate or to ;any matter orth<strong>in</strong>g done or to be done <strong>in</strong> this State is executed out of the State andsubsequently3 [such <strong>in</strong>strument or a copy of the <strong>in</strong>strumentis]received <strong>in</strong> the State,-(a)(b)(c)the amount of duty chargeable on such <strong>in</strong>strument4 [or a copy of the <strong>in</strong>strument] shall be the amount ofduty chargeable under Schedule I on a document ofthe like description executed <strong>in</strong>t his State less theamount of duty, if any, already paid under any law <strong>in</strong>force <strong>in</strong> India exclud<strong>in</strong>g the State of Jammu andKashmir on such <strong>in</strong>strument when it was executed;and <strong>in</strong> addition to the stamps, if any, already affixedthereto such <strong>in</strong>strument 4 [or a copy of the <strong>in</strong>strument]shall be stamped with the stamps necessary for thepayment of the duty chargeable on it under (a) of thissection, <strong>in</strong> the same manner and at the same time andby the same persons as though such <strong>in</strong>strument 1 [or acopy of the <strong>in</strong>strument] were <strong>in</strong> <strong>in</strong>strument received <strong>in</strong>this State for the first time at the time when it becamechargeable with the higher duty; andthe provisions conta<strong>in</strong>ed <strong>in</strong> clause (b) of the proviso tosub-section (3) of section 32 shall apply to such<strong>in</strong>strument 1 [or a copy of such <strong>in</strong>strument] as is such werean <strong>in</strong>strument executed or first executed out of this Stateand first received <strong>in</strong> this State when it became chargeableto the higher duty aforesaid, but the provisions conta<strong>in</strong>ed<strong>in</strong> clause (a) of the said proviso shall not apply therto.

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