The provisions regarding levying, collection and payment of Stamp Duty are contained in The Indian Stamp Act, 1899. Under the Stamp Act, certain documents need to be legitimised by paying applicable Stamp Duty on them. Stamp duty is a State subject and hence would vary from State to State. ❖Instruments which are chargeable to stamp duty Instrument includes every document by which any right or liability, is, or purported to be created, transferred, limited, extended, extinguis
