Karnataka Stamp Act

11/07/2019 KARNATAKA STAMP ACT, 1957
KARNATAKA STAMP ACT, 1957
Schedule - STAMP-DUTY ON INSTRUMENTS
1[ SCHEDULE STAMP DUTY ON INSTRUMENTS
Art No. Description of Proper Stamp Duty

Instrument
1 2 3
2[1. Acknowledgement of,-
(i) a debt written or signed by or on behalf of,

a debtor in order to supply evidence of such
debit in any book (other than a Banker's pass
book) or on a separate piece of paper when
such book or paper is left in the creditor's
possession and the amount or value of such
debt,-
(a) exceeds Rs. 100 but does not exceed Rs. 4[Two rupees]
3[5,000]
(b) 5[When exceeds Rs. 5,000/- Two rupees plus rupees two for
every thousand or part thereof]
6[subject to a maximum of
rupees one thousand]
(ii) a letter, article, document, parcel, package One rupee for every one hundred
or consignment, of any nature or description rupees or part thereof of the
whatsoever or by whatever name called, given amount charged therefore]
by a person, courier company, firm, or body of
persons whether incorporated or
unincorporated to the sender of such letter,
article, document, parcel, package or
consignment
2. Administration bond, including a bond given
under Section 6 of the Government Savings
Banks Act, 1873 (Central Act V of 1873) or
Section 289, 291, 375 or 376 of the Indian
Succession Act, 1925 (Central Act XXXIX of
1925),-
(a) Where the amount does not exceed Rs. The same duty as Bond (No. 12)
1,000 for such amount
(b) in any other case 7[One hundred rupees]
3. Adoption deed, that is to say, any 8[Five hundred rupees]

instrument (other than a Will), recording in
adoption, or conferring or purporting to confer
an authority to adopt
Advocate - See Certificate of enrolment as an

Advocate (No. 17)
4. Affidavit, including an affirmation or 9[Twenty rupees]

declaration in the case of persons by law
allowed to affirm or declare instead of
swearing
Exemptions: Affidavit or declaration in writing

ezproxy.nujs.ac.in:2053/ba/dispbot.aspx?nActCompID=138382&iActID=3266 1/53
when made, -
(a) as a condition of enlistment to the Armed
Forces of the Union;
(b) for the immediate purpose of being filed or

used in any Court or before the officer of any
Court; or
(c) for the sole purpose of enabling any person
to receive any pension or charitable allowance

5. Agreement or 10[its records or]
memorandum of an agreement,-
2[(a) If relating to the sale of bill of exchange One rupee for every rupees ten
thousand or part thereof
(b) If relating to the purchase or sale of a One rupee for every rupees ten
Government security thousand or part thereof of the
value of the security at the time
of its purchase or sale, as the
case may be subject to a
maximum of rupees one
thousand
(c) If relating to the purchase or sale of
shares, scripts, stocks, bonds, debentures,
debenture stocks or any other marketable
security of a like nature in or of any
incorporated company or other body
corporate,-
(i) when such agreement or memorandum or One rupee for every rupees ten
an agreement is with or through a member or thousand or part of the value of
between members of Stock Exchange the security at the time of its
recognised under the Security Contracts purchase or sale, as the case
(Regulation) Act, 1956 (XLII of 1956) may be
(ii) in any other case One rupee for every rupees ten
thousand or part thereof of the
value of the security at the time
of its purchase or sale, as the
case may be]
11[(d)If relating to a transaction of lease-cum- The same duty as a conveyance
sale in connection with the allotment of a (No. 20) for a market value
building site, with or without building thereon, equal to the security deposit and
effected by the Bangalore Development the amount of average annual
Authority constituted under the Bangalore rent reserved under such
Development Authority Act, 1976 (Karnataka agreement]
Act No. 12 of 1976), the City Improvement
Trust Board, Mysore constituted under the City
of Mysore Improvement Act, 1903 (Mysore Act
No. 3 of 1903), the Karnataka Housing Board
constituted under the Karnataka Housing
Board Act, 1962 (Karnataka Act No. 10 of
1963), the Improvement Boards constituted
under the Karnataka Improvement Boards Act,
1976 (Karnataka Act No. 11 of 1976),
12[House Building Co-operative Societies
registered under the Karnataka Co-operative
Societies Act, 1959 (Karnataka Act No. 11 of
1959)], 13[or the allotment of industrial sheds
and plots by the Karnataka Industrial Areas
Development Board established under the
Karnataka Industrial Area Development Act,
1966 (Karnataka Act No. 18 of 1966), the
Karnataka Small Scale Industrial Development
Corporation, the Karnataka State Industrial
Investment and Development Corporation and
the Karnataka State Electronic Development
Corporation, Registered as a Company under
the Companies Act, 1956 (Central Act No. 1 of
1956), or the allotment of land or site with or
without building to the market functionaries in
the yard by the Agricultural Produce Market
Committees constituted under the Karnataka
Agricultural Produce Marketing (Regulation)
Act, 1966 (Karnataka Act No. 27 of 1966)]
14[Municipal Corporation constituted under the
Karnataka Municipal Corporation Act, 1976
(Karnataka Act No. 24 of 1978), Municipal
Councils or Town Panchayats constituted under
the Karnataka Municipalities Act, 1964
(Karnataka Act No. 22 of 1964), Urban
Development Authorities constituted under the
Karnataka Urban Development Authorities Act,
1987 (Karnataka Act No. 34 of 1987), Gram
Panchayats, Taluk Panchayats and Jilla
Panchayats constituted under the Karnataka
Panchayat Raj Act, 1993 (Karnataka Act No. 14
of 1993)] and such other authorities as may be
specified by the Government
14[(da)Where any instrument of lease-cum- The duty payable shall be as a
sale effected by the Bangalore Development conveyance [No. 20(3)] for the
Authority constituted under the Bangalore market value equal to the
Development Authority Act, 1976 (Karnataka security deposit and the amount
Act No. 12 of 1976), the Karnataka Housing of average annual rent reserved
Board constituted under the Karnataka under such agreement]
Housing Board Act, 1962 (Karnataka Act No.
10 of 1963) pertaining to premises of a Flat or
Apartments
15[2[(e)If relating to sale of immovable
property wherein part performance of the
contract,-
(i) possession of the property is delivered or is The same duty as a Conveyance

agreed to be delivered 210[before] executing (No. 20) on the market value of
the conveyance the property
16[Provided that, where a deed

of cancellation of earlier
agreement is executed by and
between the same parties in
respect of the same property and
if proper stamp duty has been
paid on such agreement, then
the duty on such 'deed of
cancellation' shall not exceed
rupees five hundred.]
156[(ii) possession of the property is not Ten paise for every one hundred
delivered rupees or part thereof on the
market value equal to the
Explanation-I,- When a reference, of a Power
amount of consideration subject
of Attorney granted separately by the seller to
to a maximum of rupees twenty
the purchaser in respect of the property which
thousand but not less than
is the subject matter of such agreement, is
rupees five hundred.
made in the agreement, then the possession of
the property is deemed to have been delivered
for the purpose of this clause.
Explanation-II,- For the purpose of clause (e) 184[Provided that the duty paid
and clause (h) where subsequently conveyance on power of attorney under
or mortgage as the case may be, is executed Articles 41 (e) or 41 (eb), as the
between the same parties in pursuance of such case may be, is adjustable
agreement or its records or memorandum, the towards the duty payable on
stamp duty, if any, already paid and recovered agreement for sale under Article
on the agreement or its record or 5(e) or instrument of sale or
memorandum shall be adjusted towards the transfer, as the case may be,
total duty leviable on the conveyance or executed between the same
mortgage, as the case may be parties and in respect of the
same property.]]

185[Act No. 19 of 2014 w.e.f 1-3-2014
171[185[(f) If relating to construction or Two Rupees for every one

development of immovable property, including hundred rupees or part thereof,
a multi unit or multi storied house or building on the Market Value of such
or apartment of flat, or portion of it, executed undivided share or portion of
by and between owner or lessee, as the case land or immovable property,
may be, and developer, having a stipulation, consideration and money
whether express or implied, advanced, if any; or
that, in consideration of the owner or lessee On the Market Value of such
conveying or share or portion of the
constructed or developed
transferring or disposing off, in any way, the
building or immovable property,
undivided
consideration and money
share or portion of land or immovable advanced, if any; Whichever is
property; the higher:
developer agrees to convey or transfer or
dispose off, in any way, the proportionate or Provided that, if the proper
agreed share or portion of the constructed or stamp duty is paid under clause
developed building or immovable property to (ea) of the Article 41 on power of
the owner or lessee, as the case may be. Attorney, executed by and
between the same parties and in
respect of the same property,
then the stamp duty payable on
the corresponding agreement
under clause (f) or article 5, shall
not exceed rupees two hundred.
Explanation: The term "Developer" includes Explanation: The term "money

promoter or builder or by whatever name advanced" in this Article, means
called. and includes the security deposit
whether refundable or
adjustable.]
208[(g) If relating to sale of movable property
(i) possession of the property is delivered or is 211[Three per cent] of the

agreed to be delivered without executing the consideration or market value of
conveyance the property, whichever is
higher:
Provided that, where a deed of
cancellation of earlier agreement
is executed by and between the
same parties in respect of the
same property and if proper
stamp duty has been paid on
such agreement, the duty on
such "deed of cancellation" shall
not exceed rupees five hundred.
*(ii) possession of the property is not delivered Ten paise for every one hundred
rupees or part thereof on the
amount of consideration subject
to a maximum of rupees twenty
thousand but does not less than
five hundred.]
(h) If relating to the mortgage Same duty as under Article No.

34(a) or (b) as the case may be
21[(i) if relating to contract between Rupees fifty
Depository Participant (as defined in "The
Depository Act, 1996") and client, for opening
de-mat account.
(ia) if relating to contract between stock broker Rupees fifty]

or sub broker (agent) and client (principal), for
Stock Market operations.
172[(ib) If relating to advertisement or One Rupee for every one
telecasting or broadcasting of programs for thousand rupees or part there of
promotion and development of business on the amount or consideration
in the agreement, but not less
than Rupees two hundred.
(ic) If relating to assignment or transfer of One Rupee for every one
intellectual property rights (i.e., patent rights, thousand rupees or part there of
copy rights or trade marks rights.) on the amount or consideration
in the agreement, but not less
than Rupees two hundred.
(id) If relating to building Works or labour or
services (works contracts)
(i) Where the amount or consideration in the Rupees one hundred
agreement does not exceed Rupees ten lakhs
(ii) where the amount or consideration in the Rupees One hundred and in
agreement exceeds Rupees ten lakhs addition Rupees One hundred for
every Rupees ten lakhs or part
thereof in excess of Rupees ten
lakhs, subject to a maximum of
Rupees five lakhs.]
212[(i-e) Chit Agreement, executed in the
State of Karnataka under Section 6 of the Chit
Funds Act, 1982.-
(i) where the value of the chit does not exceed Rupees one hundred
rupees one lakh
(ii) where the value of the chit exceeds rupees Rupees one hundred plus rupees
one lakh fifty for every rupees one lakh or
part thereof, exceeding rupees
one lakh.]
22[(j)] If not otherwise provided for 23[two hundred rupees]
24[Explanation I xxxxxxxxxx].
Explanation II: For the purpose of sub-clause

25[(i) and (ii)] of clause (e) and clause (h),
where subsequently conveyance or mortgage
as the case may be, is executed in pursuance
of such agreement or its records or
memorandum the stamp duty, if any, already
paid and recovered on the agreement or its
record or memorandum shall be adjusted
towards the total duty leviable on the
conveyance or mortgage, as the case may be.]
Exemptions: Agreement or Memorandum of
Agreement, -
(a) for or relating to the purchase or sale of

goods or merchandise exclusively, not being a
note or memorandum chargeable under Article
No. 37;
(b) made in the form of tenders to the Central

Government, for or relating to any loan.
26[6. Agreement relating to deposit of title
deeds, 27[pawn or pledge], that is to say, any

instrument evidencing an agreement relating
to,-
(1) the deposit of title deeds or instruments

constituting or being evidence of the title to
any property whatever (other than a
marketable security), where such deposit, has
been made by way of security for the
repayment of money advanced or to be
advanced by way of loan or an existing or
future debt,-

28[If such loan or debt is repayable on demand

from the date of instrument evidencing the
agreement
(i) where the loan or debt amount docs not 0.1 per cent on the loan or debt
exceed rupees ten lakhs amount subject to a minimum of
(ii) where the loan or debt amount exceeds rupees five hundred.
rupees ten lakhs 0.2 per cent on the loan or debt
amount subject to a maximum of
rupees ten lakhs.]
29[Explanation.- For the purpose
of clause (1), notwithstanding
anything contained 30[in any law
for the time being in force or],
order of any authority, any
letters, note, memorandum or
writing relating to the deposit of
title deeds whether written or
made either before or at the time
when or after the deposit of title
deeds is effected, and whether it
is in respect of the security for
the first loan or any additional
loan or loans taken
subsequently, such letter, note,
memorandum or writing shall, in
the absence of any separate
agreement or memorandum of
agreement relating to deposit of
such title deeds, deemed to be
an instrument evidencing an
agreement relating to the
deposit of title deeds.]
209[173(2) the pawn or pledge of moveable
property, where such pawn or pledge has been
made by way of security for the repayment of
money advanced or to be advanced by way of
loan or an existing or future debt.
if such loan or debt is repayable on demand or
otherwise,-
(i) where the loan amount exceeds rupees one 0.1 per cent on the loan or
lakh but does not exceed rupees ten lakhs debt amount
(ii) where the loan amount exceeds rupees ten 0.2 per cent on the loan or
lakhs debt amount subject to a
maximum of rupees ten lakhs]]
Exemption: Instruments of pawn or pledge of Provided that where a fresh

goods or jewels wherein such loan or debt is instrument of pawn or pledge
upto Rupees one lakh. of movable property is
executed for securing
repayment of money already
advanced by way of loan
between the same parties and
for the same purpose and for
the same amount and the duty
in respect of earlier instrument
has been paid, then the duty
chargeable on such fresh
instrument is chargeable as per
clause (j) of Article 5 of this
Schedule.]
7. Appointment in execution of a power, whether 40[One thousand rupees]

of trustees or of property, movable or
immovable, where made by any writing not
being a Will
8. Appraisement or valuation, made otherwise
than under an order of the Court in the course of
a suit, -
(a) where the amount does not exceeds Rs. The same duty as a Bond (No.
1,000 12) for such amount
Exemptions:
(a) Appraisement or valuation made for the

information of one party only, and not being in
any manner obligatory between parties either by
agreement or operation of law.
(b) Appraisement of crops for the purpose of

ascertaining the amount to be given to a
landlord as rent.
9. Apprenticeship deed, including every writing 195[rupees one hundred]

relating to the service or tuition of any
apprentice clerk or servant placed with any
master to learn any profession, trade or
employment
Exemption: Instruments of apprenticeship, by
which a person is apprenticed by, or at the
charge, of any public charity.
2[10. Articles of Association of a Company where 196[rupees one thousand for
the company has no share capital or nominal every rupees ten lakhs or part
share capital or increased share capital
Exemption: Articles of any association not thereof subject to a maximum
formed for profit and registered under Section of rupees fifty lakhs. ]
25 of the Companies Act, 1956. See also
Memorandum of Association of a Company (No.
33). Assignment: See Conveyance (No. 20),
Transfer (No. 52) and Transfer of Lease (No.
53), as the case may be.
Authority to Adopt: See Adoption deed (No. 3)].
45[186[11. Award.- that is to say, any decision in

writing by an arbitrator or umpire, not being an
award directing a partition, on a reference made
otherwise than by an order of the court in the
course of a suit.]
(a) If the property, which is the subject matter The same duty as the
of award, is immovable property. conveyance [under Article
20(1)] on the market value of
the such property, or
consideration, whichever is
higher.
(b) If the property, which is the subject matter

of award, is movable property,
(i) Where the amount or market value of the 3/4% of the amount or market
property, as set forth in the award, does not value.
exceed Rupees fifty lakhs.
(ii) Where the amount or market value of the Rupees thirty seven thousand
property exceeds rupees fifty lakhs but does not five hundred plus 1/ 2% of the
exceed rupees five Crores. amount or market value
exceeding Rupees fifty lakhs.
(iii) Where the amount or market value of the Rupees thirty seven thousand
property exceeds rupees five Crores. five hundred plus two lakhs
twenty five thousand plus
1/4% of the amount or market
value exceeding Rupees five
crores.]
46[12. Bond, defined by Section 2(1)(a), not
being otherwise provided for by this Act, or by
the Karnataka Court Fees and Suits Valuation
Act, 1958,-
(a) where the amount or value secured does not 174[fifty paise] for every rupees
exceed Rs. 1,000 one hundred rupees or part
thereof
(b) where it exceeds Rs. 1,000 The same duty as under clause
(a) for the first rupees one
thousand and for every rupees
five hundred or part thereof in
excess of rupees one thousand:
175[two rupees and fifty paise]
See Administration bond (No. 2), Bottomry bond

(No. 13), Customs bond (No. 23), Indemnity
bond (No. 29), Respondentia bond (No. 46),
Security bond (No. 47).
Exemption: Bond, when executed by any person

for the purpose of guaranteeing that the local
income derived from private subscriptions to a
charitable dispensary or hospital or any other
object of public utility, shall not be less than a
specified sum per mensem]
13. Bottomry bond, that is to say, any The same duty as a Bond (No.
instrument where by the master of a seagoing 12) for such amount
ship borrows money on the security of the ship
to enable him to preserve the ship or prosecute
her voyage.
47[14 Cancellation of instruments.-
(a) Cancellation of any instrument previously 48[same duty as on the original

executed on which stamp duty has been paid as instrument if such cancellation
per any article of the 49[Schedule and not has the effect of reconveyance
otherwise specifically provided for by the of property already conveyed
Schedule] by the original instrument:
Provided that, if the original
instrument is a conveyance on
sale, then the stamp duty
payable on such cancellation
instrument is, as per Article
20(1), on the market value of
the property as on the date of
execution of such cancellation.]
(b) Cancellation of any instrument executed by one hundred rupees

or on behalf of the Central Government or a
Local Authority or other Authority constituted by
or under any law for the time being in force or a
body corporate wholly owned or controlled by
the Central Government or the State
Government.
(c) in any other case one hundred rupees

50[See also agreement or its records or
Memorandum of an Agreement [No. 5(e)(i)]]
also Release (No. 45) Revocation of Settlement
(No. 48-B), Surrender of Lease (No. 51)
158[***]
Explanation.- If the original instrument has been

subjected to determination of the market value
under section 45-A of the Act, stamp duty on the
cancellation of such instrument shall be the
same as determined under section 45-A of the
Act.
15. Certificate of sale - (in respect of each

property put up as a separate lot and sold)
granted to the purchaser of any property sold by
public auction by a Court or Tribunal or officer of
Government or by any other authority under any
enactment, -
(a) where the purchase money does not exceed One rupee
Rs. 10
(b) where the purchase money exceeds Rs. 10 One rupee and fifty paise
but does not exceed Rs. 25
(c) in any other case The same duty as a

Conveyance (No. 20) for a
amount of the purchase money
only.
2[16. Certificate or other document evidencing One rupee for every one
the right or title of the holder thereof, or any thousand rupees or a part
other person, either to any share, scrip or stock thereof of the value of shares,
in or of any incorporated company or other body scrip or stock.
corporate, or to become proprietor of share,
scrip or stock in or of any such company or body
See also Letter of allotment, of shares (No. 31)
Explanation: For the purpose of this article, the

value of the share, scrip, or stock includes the
amount of premium, if any]
17. Certificate of enrolment, in the roll of 51[Five hundred rupees]

Advocates prepared and maintained by the State
Bar Council under the Advocates Act, 1961
(Central Act No. 25 of 1961)
18. Charter party, that is to say, any instrument 195[rupees one hundred]
(except an agreement for the hire of a tug-
steamer) whereby a vessel or some specified
principal part thereof is let for the specified
purposes of the charter, whether it includes a
penalty clause or not
10[18-A. Clearance list, (1) relating to the The sum of duties chargeable
transactions for the purchase or sale of under Article No. 5(b) or Article
Government securities submitted to the clearing No. 37(c), as the case may be
house of a stock exchange in respect of each of the entries
in such list on the value of the
securities calculated at the
making up price or the contract
price as the case may be
(2) relating to the transactions for the purchase The sum of duties chargeable
or sale of a share, scrip, stock, bond, debenture, under Article 5(c)(i) or Article
debenture stock or other marketable security of No. 37(b), as the case may be
a like nature in or of any incorporate company or in respect of each of the entries
other body corporate submitted to the clearing in such list on the value of the
house of a stock exchange recognised under the securities calculated at the
Securities Contracts (Regulation) Act, 1956 making up price or the contract
price as the case may be
(3) relating to the transactions for the purchase The sum of duties chargeable
or sale of a share, scrip, stock, bond, debenture, under Article 5(c)(i) or Article
debenture stock or other marketable security, of No. 37(b), as the case may be
a like nature in or of any incorporated company in respect of each of the entries
or body corporate, submitted to the clearance in such list on the value of the
house of a stock exchange, not recognised under securities calculated at the
the Securities Contract (Regulation) Act, 1956 making up price or the contract
price as the case may be]
19. Composition deed, that is to say, any 197[Two Hundred rupees]

instrument executed by a debtor, whereby he
conveys his property for the benefit of his
creditors, or whereby payment of a composition
or dividend on their debts is secured to the
creditors or whereby provision is made for the
continuance of the debtors' business, under the
supervision of inspectors or under letters of
licence, for the benefit of his creditors
*54[20.(1) For conveyance, as defined by clause 176[five percent of the value]

(d) of Section 2, not being a transfer charged or
exempted under No. 52, on the market value of
the property which is the subject-matter of
conveyance.
56[Proviso ***]
57[***]
58[Provided further that in any

case where a lease-cum-sale
agreement is executed and is
stamped with the ad valorem
stamp required for such
agreement under Item (d) of
Article 5 and in furtherance of
such agreement a conveyance
is subsequently executed, the
duty on such conveyance shall
not exceed rupees ten or the
difference of the duty payable
on such conveyance and the
duty already collected on the
security deposit under Item (d)
of Article 5, whichever is
greater]
59[Provided also that
notwithstanding anything
contrary in this Act, where a
lease-cum-sale agreement was
executed before thirty first day
of March 2001 in respect of a
site allotted by any House
Building Co-operative Society
registered under the Karnataka
Co-operative Societies Act,
1959 (Karnataka Act 11 of
1959), and in furtherance of
such agreement a conveyance
duty payable on such
conveyance shall be on the
market value of such site as on
the date of execution of the
lease-cum-sale agreement.]
60[(2)Where it relates to 61[instrument] of 62[63[64[the same duty as
conveyance executed by a promotor, a land conveyance under Article
owner, or a developer by whatever name called, 20(1)] 65[on the market value
pertaining to premises of 'Flat' as defined in equal to the market value of
clause (a) of Section 2 of the Karnataka the fully constructed flat or
Ownership Flats (Regulation of the Promotion of apartment or unit, irrespective
Construction, Sale, Management and Transfer) of the stage of construction,
Act, 1972 (Karnataka Act 16 of 1973) or deeming it as fully constructed.
"apartment" as defined in clause (a) of Section 3
of the Karnataka Apartment Ownership Act,
1972 (Karnataka Act 17 of 1973) or transfer of
share or in favour of Co-operative Society or
company pertaining to premises or Unit and the
market value of the property which is the
subject matter of conveyance.
EXPLANATION:
(a) 'Premises' means and includes undivided

interest in the land building and proportionate
share in the common areas
(b) 'Unit' includes flat, apartment, tenement,
block or any other unit by whatever name
called, constructed or under construction in
accordance with the sanctioned plan by the
authority competent to sanction a building plan
under any law for the time being in force;
68[(c) xxxxxxxx]]
69[(3) Where any instrument of conveyance is The duty shall be payable at the
effected by the Bangalore Development rates specified under clause (2)
Authority constituted under Bangalore of Article 20 on the amount or
Development Authority Act, 1976 (Karnataka value of consideration as set
Act No. 12 of 1976) the Karnataka Housing forth in the instrument:
Board constituted under the Karnataka Housing
board Act, 1962 (Karnataka Act No. 10 of 1963)
pertaining to premises of Flat or Apartment
Provided that in any case where

a lease-cum-sale agreement is
executed and is stamped with
the ad valorem duty required
for such agreement under item
(da) of Article 5 and in
furtherance of such agreement
a conveyance is subsequently
executed, the duty on such
conveyance shall not exceed Rs.
50 or the difference of the duty
payable on such conveyance
and the duty already collected
on the security deposit under
item (da) of Article 5, whichever
is grater.
70[(4) If relating to an order made by the High
Court 225[or appropriate Tribunals or

appropriate Authorities under the Companies
Act, 2013] in respect of;
(i) Amalgamation of Companies, including a 213[Three per cent] on the

subsidiary amalgama ting with parent company market value of the property] of
the transferor company, located
within the State of Karnataka
and transferred to the
transferee company; or
An amount equal to 160[One

percent] of the aggregate value
of shares issued or allotted in
exchange, or otherwise and in
case of a subsidiary company,
shares merged (or cancelled)
with parent company and in
addition, the amount of
consideration if any, paid for
such amalgamation;
-which ever is higher.
(ii) Reconstruction or Demerger of a company 214[Three per cent] on the

market value of the property] of
the transferor company, located
within the State of Karnataka,
and transferred to the resulting
company; or
An amount equal to 160[one

percent] of the aggregate value
of shares issued or allotted to
the resulting company and in
addition, the amount of
consideration if any, paid for
such demerger or
reconstruction;
-whichever is higher.]
162[Explanation:- The term,

“aggregate value of shares” for
the purpose of Article 20(4)
means, the face value of shares
or its market value, whichever
is higher.]
75[Exemption. -Amalgamation of sick

companies with others, under the orders of
Board of Industrial Finance and Reconstruction
(BIFR).]
198[(5) Conveyance relating to industrial

machinery,-
(i) when industrial machinery is treated as 215[Three per cent] of
moveable property consideration or market value of
the property, whichever is
higher
(ii) when industrial machinery is treated as Five per cent of consideration or
immoveable property market value of the property,
whichever is higher]
(6) If relating to assignment of receivables by One rupee for every one

the originator to the special purpose vehicle thousand rupees or part thereof
(SPV), or by whatever name they are called, in subject to a maximum of rupees
the process of securitisation 77[under one lakh.]
securitisation and reconstruction of Financial
Assets and Enforcement of Security Interest
Act, 2002.]
78[(7) Conveyance relating to Transferable 216[Three per cent] on the

Development Rights market value of the
Transferable Development
Rights equal to the market
value of the corresponding
portion of the property leading
to such Transferable
Development Rights, which is
the subject matter of
conveyance; or consideration
for such conveyance; whichever
is higher.]
217[Provided that, if the proper
duty is paid under clause (ec) of
Article 41 on Power of Attorney,
executed by and between the
same parties and in respect of
the same property, then the
duty payable on the
corresponding conveyance
under Article 20(7), shall not
exceed rupees two hundred.]
79[21. Copy of extract, certified to be true copy
or extract by or by order of any public officer
and not chargeable under the law for the time
being in force relating to the Court Fees,-
(i) if the original was not chargeable with duty, Five rupees
or if the duty with which it was chargeable does
not exceed five rupees
(ii) in any other case Ten, rupees
Exemptions. -
(a) Copy of any paper which a public officer is

expressly required by law to make or furnish for
record in any public office or for any public
purpose.
(b) copy of, or extract from any register relating

to the births, baptisms, namings, dedications,
marriages, divorces, deaths or burials.]
22. Counterpart or Duplicate - of any

instruments, chargeable with duty and in
respect of which the proper duty has been paid,
-
(a) if the duty with which the original The same duty as payable on
instruments is chargeable does not exceed the original
80[five hundred rupees]
(b) in any other case 81[82[[Five hundred rupees]
Exemption: Counterpart of any lease granted to
a cultivator when such lease is exempted from
duty
23. 177[customs bond or excise bond], -
(a) where the amount does not exceed Rs. The same duty as a Bond (No.
1,000 12) for such amount
Declaration of any trust - See Trust (No. 54)
24. Delivery - order in respect of goods, that is 84[xxx xxx xxx]

to say, any instrument entitling any person,
187[One rupee for every one
therein named, or his assignees or the holder
thereof to the delivery of any goods lying in any thousand rupees or part thereof
dock or port, in any warehouse in which goods on the value of such goods.]
are stored or deposited on rent or hire, or upon
any wharf such instrument being signed by or
on behalf of the owner of such goods upon the
sale or transfer of the property therein,
85[188[(i) xxxxxx xxxxxx
(ii) xxxxxxx xxxxxx]]
Deposit of title deeds - See Agreement relating

to deposit of title deeds, pawn or pledge (No.
6).
Dissolution of partnership - See Partnership

(No. 40)
189[Exemption.- Goods imported which are
exempted from levy of customs duty by the
Government of India.]
25. Divorce - Instrument of, that is to say, any 86[One hundred rupees]
instrument by which any person effects the
dissolution of his marriage.
Dower - Instrument of - See Settlement (No.

48)
Duplicate - See Counterpart (No. 22)
26. Exchange of property - instrument of The same duty as a Conveyance

extract - See Copy (No. 21) (No. 20) for a market value
equal to the market value of the
property of greatest value which
is the subject-matter of
exchange.
27. Further charge - instrument of - that is to

say, any instrument imposing a further charge
on mortgaged property, -
(a) when the original mortgage is one of the The same duty as a Conveyance
description referred to in clause (a) of Article (No. 20) for a market value
No. 34 (that is, with possession). equal to the amount of the
further charge secured by such
instrument
(b) when such mortgage is one of the

description referred to in clause (b) of Article
No. 34 (that is, without possession), -
(i) if at the time of execution of the instrument The same duty as a Conveyance
of further charge possession of the property is (No. 20) for a market value
given or agreed to be given under such equal to the total amount of the
instrument charge (including the original
mortgage and any further
charge already made) less the
duty already paid on such
original mortgage and further
charge
69[(ii) if possession is not given and not being a 87[Fifty paise for every one
hypothecation hundred rupees for the amount
of the further charge secured by
such instrument.]]
14[(iii) for hypothecation The same duty as sub-clause

(d) of Article 34 for the amount
of the further charge secured by
such instrument]
69[28. Gift - Instrument of- not being a

Settlement (No. 48) or Will or Transfer (No. 52)
(a) where the donee is not a family member of The same duty as a Conveyance
the donor (No. 20) for a market value
equal to the market value of the
property which is the subject-
matter of the gift:
Provided that where an

instrument of gift contains any
provision for the revocation of
the gift, the value of the
matter of the gift, shall for the
purposes of duty be determined
as if no such provision were
contained in the instrument
88[(b) where the donee is a member of the 218[(i) If the property is

family of the donor Explanation: Family in situated within the limits of
relation to the donor for this purpose means Bangalore Metropolitan
89[father, mother] husband, wife, son, Regional Development
Authority or Bruhat Bangalore
daughter, 90[daughter-in-law, brothers, sisters]
Mahanagara Palike or City
and grand children.]
Corporation ............... Rupees
five thousand;
(ii) If the property is situated
within the limits of City or
Town Municipal Council or
Town Panchayat area ............
Rupees three thousand;
(iii) If the property is situated
within the limits other than the
limits specified in items (i) and
(ii)..................... Rupees one
thousand:
Provided that, if the property is
situated in any of the
combinations of limits,
mentioned in items (i), (ii) and
(iii) above the duty payable
shall be the maximum of the
duties specified in items (i), (ii)
and (iii) above.]
29. Indemnity bond The same duty as a Security
Inspectorship deed - See Composition deed bond (No. 47) for the same
(No. 19) amount
17[30. (1) Lease of immoveable property

including an under-lease or sublease and any
agreement to let or sub-let where by such
lease, the rent is fixed, or fine or premium or
money advanced or security deposit (as the
case may be) is paid or delivered, -
91[(i) where the lease purports to be for a term fifty paise for every one
not exceeding one year in case of residential hundred rupees or part thereof
property. on the total amount or value of;
the average annual rent,
premium, fine and money
advanced, subject to a
maximum of rupees five
hundred.
(ii) where the lease purports to be for a term fifty paise for every one
not exceeding one year in case of commercial hundred rupees or part thereof
or industrial property. on the total amount or value of;
advanced,
(iii) where the lease purports to be for a term one rupee for every one
exceeding one year and not exceeding ten hundred rupees or part thereof
years on the total amount or value of;
advanced,
(iv) where the lease purports to be for a term two rupees for every one
exceeding ten years and not exceeding twenty hundred rupees or part thereof
advanced,
(v) where the lease purports to be for a term three rupees for every one
exceeding twenty years and not exceeding hundred rupees or part thereof
thirty years on the total amount or value of;
advanced,
(vi) where the lease purports to be for a term the same duty as conveyance
exceeding thirty years or in perpetuity or does under Article 20(1) on the total
not purport to be for any definite term amount or value of, average
annual rent, fine, premium and
money advanced; or on the
market value of the property;
whichever is higher.]
17[Provided that in any case

when an agreement to lease is
stamped with the ad valorem
stamp required for a lease and a
lease in pursuance of such
agreement is subsequently
lease shall not exceed rupees
fifty:
Provided further that the duty in
respect of an instrument of
lease executed in favour of the
wife, husband, father, mother,
son, daughter, brother or sister
in relation to the person shall
be
219[(i) If the property is
situated within the limits of
Bangalore Metropolitan Regional
Development Authority or
Bruhat Bangalore Mahanagara
Palike or City Corporation
........................... Rupees five
thousand;
within the limits of City or Town
Municipal Council or Town
Panchayat area ............
limits specified in .items (i) and
(ii)........................Rupees one
thousand:
situated in any (of the
duties described in items (i), (ii)
and (iii) above.]
Explanation.- The term "money
advanced" in this Article means
and includes the security
deposit whether refundable or
adjustable towards the rent]
92[(2) Lease of movable property including an

under lease or sublease and any agreement to
let or sub-let,-
(a) where by such lease the rent is fixed and no

premium is paid or delivered,-
(i) where the lease purports to be for a term One rupee for every hundred
not exceeding ten years rupees or part thereof on the
average annual rent reserved,
subject to a maximum of rupees
two lakhs
(ii) where the lease purports to be for a term One rupee and fifty paise for
exceeding ten years every hundred rupees or part
thereof on the average annual
rent reserved, subject to a
maximum of rupees two lakhs
(b) where the lease is granted for a fine or One rupee and fifty paise for
premium or for money advanced and where no every hundred or part thereof
rent is reserved on the amount of such fine or
premium or advance as set
forth in the lease, subject to a
maximum of rupees two lakhs
(c) where the lease is granted for a fine or On rupee and fifty paise for
premium or for money advanced in addition to every hundred rupees or part
rent reserved thereof on the amount of such
fine or premium or advance as
set forth in the lease, in
addition to the duty which
would have been payable on
such lease, if no fine or
premium or advance had been
paid or delivered, subject to a
maximum of rupees two lakhs:
37[Provided that in respect of

lease of industrial machinery
the maximum duty chargeable
shall be rupees ten thousand]
93[Provided further that] in any

case when an agreement to
lease is stamped with ad
valorem stamp required for a
lease and a lease in pursuance
of such agreement is
subsequently executed, the
duty on such lease shall not
exceed rupees fifteen.]
Exemption.- lease, executed in the case of a

cultivator and for the purposes of cultivation
(including a lease of trees for the production of
food or drink) without the payment or delivery
of any fine or premium, when a definite term is
expressed and such term does not exceed one
year or when the average annual rent reserved
does not exceed one hundred rupees.
94[xxxxxx]
95[(d) Where the lease is granted for a rent or

fine or premium or money advanced, in addition
to the refundable deposit, by whatever name
called,-
(i) Where the lease purports to be for a term One percent on the amount of
not exceeding 30 years deposit as set forth in the lease
deed in addition to the duty,
which would have been payable
on such lease as per article
30(a), 30(b) or 30(c) as the
case may be.
(ii) Where the lease purports to be for a term Three percent on the amount of
exceeding 30 years deposit as set forth in the lease
deed in addition to the duty
payable as per article 30(a),
30(b) or 30(c) as case may be
or for an amount equal to the
market value of the property
whichever is higher.]
224[(3) Notwithstanding anything contained in

clause (1) and (2) above, in respect of,-
(a) Mine Development and Production
Agreement (MDPA) and or Mining Lease granted
through auctions:-
(i) where the lease purports to be for a term One rupee for every one
years. on the total amount or value of;
the average annual royalty and
average annual payment based
on the final price offer obtained
in the auction calculated on the
estimated average annual
production as per the approved
mining plan.
(ii) where the lease purports to be for a term Two rupees for every one
mining plan.
(iii) where the lease purports to be for a term Three rupees for every one
mining plan.
(iv) where the lease purports to be for a term Five rupees for every one
exceeding thirty years or in perpetuity or does hundred rupees or part thereof
not purport to be for any definite term. on the total amount or value of;
four times the average annual
royalty and four times the
mining plan
Provided that in any case when
Mine Development And
Production Agreement (MDPA)
is duly stamped with the ad
valorem stamp required for
MDPA as well as for a mining
lease and a mining lease in
pursuance of such Mine
Development And Production
Agreement is subsequently
mining lease shall not exceed
rupees fifty:
(b): Mine Development and Production

Agreement (MDPA) and or Mining Lease granted
other than by auctions.
(i) where the lease purports to be for a term One rupee for every one
years. on the total amount or value of;
average annual payment as
share of value of mineral
calculated on the estimated
average annual production as
per the approved mining plan,
premium, money advanced,
security deposit and fine.
(ii) where the lease purports to be for a term Two rupees for every one
(iii) where the lease purports to be for a term Three rupees for every one
(iv) where the lease purports to be for a term Five rupees for every one
exceeding thirty years or in perpetuity or does hundred rupees or part thereof
not purport to be for any definite term. on the total amount or value of;
four times the average annual
royalty and four times the
security deposit and fine; or on
the value of Estimated
Resources whichever is higher;
Provided that in any case when
Mine Development And
Production Agreement (MDPA)
is duly stamped with the ad
valorem stamp required for
MDPA as well as for mining
lease and a mining lease in
pursuance of such Mine
Development And Production
Agreement is subsequently
mining lease shall not exceed
rupees fifty:
Explanation: (1) The term
"money advanced and security
deposit" in this Article means
and includes the money
advanced and security deposit
including performance
guarantee whether refundable
or adjustable towards any other
payments.
(2) "Value of Estimated
Resources" shall have the same
meaning as that in the Minerals
(Other than Atomic and Hydro
Carbons Energy Minerals)
Concession Rules, 2016.]
31. Letter of allotment of shares, in any 111[One rupee]

company or proposed company or in respect of
any loan to be raised by any company or
proposed company
See also Certificate or other document (No. 16),

Letter of guarantee - See Agreement (No. 5)
32. Letter of licence - that is to say, any 112[One hundred rupees]

agreement between a debtor and his creditors
that the letter shall for a specified time,
suspend their claims and allow the debtor to
carry on business at his own discretion.
10[17[113[32-A. Licence of immovable or

moveable property.- That is to say licence
granted by owner or authority for rent or fee or
by whatever name it is called, and money
advanced or security deposit 199[or for carrying
on manufacture, trade, business or
profession].-
(i) where the license purports to be for a term fifty paise for every one
not exceeding one year in case of residential hundred rupees or part thereof
property on the total amount or value of;
maximum of rupees five
hundred.
(ii) where the license purports to be for a term fifty paise for every one
not exceeding one year in case of commercial hundred rupees or part thereof
or industrial property on the total amount or value of;
advanced, 200[subject to a
minimum of rupees fifty.]
(iii) where the license purports to be for a term one rupee for every one
minimum of rupees One
Hundred.
(iv) where the license purports to be for a term two rupees for every one
minimum of rupees two
hundred.
(v) where the license purports to be for a term three rupees for every one
minimum of rupees three
hundred.]
2[33. Memorandum of Association of a 114[One thousand rupees]
Company, -
(a) if accompanied by Article of Association
under Section 26 of the Companies Act, 1956
(Central Act No. 1 of 1956)
(b) if not so accompanied The same duty as under Article
(No. 10) according to the share
capital of the company
Exemption. - Memorandum of any Association

not formed for profit and registered under
Section 25 of the Companies Act, 1956 (Central
Act No. 1 of 1956)].
34. Mortgage deed, not being an agreement

relating to 115[deposit of title deeds, 116[pawn
or pledge] (No. 6)], Bottomry bond (No. 13),
Mortgage of a crop (No. 35), Respondentia
bond (No. 46) or Security bond (No. 47), -
(a) when a possession of the property or any (The same duty as a

part of the property comprised in such deed is Conveyance (No. 20) for a
given by the mortgagor or agreed to be given market value equal to the
amount secured by such deed
(b) when possession is not given or agreed to 117[Fifty paise for every
be given as aforesaid 14[and not being a hundred rupees or part thereof
hypothecation] for the amount secured by such
deed]
Explanation. - A mortgagor who gives to the

mortgagee a power of attorney to collect rents
or a lease of the property mortgaged or part
thereof is deemed to give possession thereof
within the meaning of this article.
69[(c) When a collateral or auxiliary or

additional or substituted security, or by way of
further assurance for the above mentioned
purpose, where the principal or primary security
is duly stamped:
(i) for every sum secured not exceeding Rs. 118[Ten rupees]
1,000
(ii) for every Rs. 1,000 or part thereof, secured 119[Ten rupees plus one rupee
in excess of Rs. 1,000 for every rupees one thousand
or part thereof in excess of
rupees one thousand]
201[(d) For hypothecation of moveable

property,-
If the loan or debt is repayable on demand,-
(i) where the loan amount does not exceeds rupees ten for every rupees ten
rupees ten lakhs thousands or part thereof
(ii) where the loan amount exceeds rupees ten rupees twenty for every rupees
lakhs ten thousands or part thereof,
subject to a maximum of rupees
ten lakhs.]
Exemptions. -
(1) Instruments executed by persons taking

advances under the Karnataka Land
Improvement Loans Act, 1963 (Karnataka Act
No. 16 of 1963), the Karnataka Agriculturists'
Loans Act, 1963 (Karnataka Act No. 17 of 1963)
or by their sureties as security for the
repayment of such advances.
(2) Letter of hypothecation accompanying a bill

of exchange
35. Mortgage of a crop - including any

instrument evidencing an agreement to secure
the repayment of a loan made upon any
mortgage of a crop whether the crop is or is not
in existence at the time of the mortgage, -
(a) when the loan is repayable not more than

three months from the date of the instrument -
for every sum secured not exceeding Rs. 200 Fifty paise
and
for every Rs. 200 or part thereof secured in Fifty paise

excess of Rs. 200
(b) when the loan is repayable more than three

months but not more than eighteen months
from the date of the instrument -
for every sum secured not exceeding Rs. 100 120[Fifty paise]
and
for every Rs. 100 or part thereof secured in 120[Fifty paise]
excess of Rs. 100
36. Notarial Act - that is to say, any instrument, 163[***]

endorsement, note, attestation, certificate or
entry not being a Protest (No. 42) 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 See also
Protest of bill or note (No. 42)
2[122[37. Note or Memorandum or record of
transactions (Electronic or otherwise).- Sent by
a broker or agent to his principal intimating the
purchase or sale on account of such principal or
effected by a trading member (agent) through
stock exchange or association or otherwise on
behalf of the client (principal) resident in the
State of Karnataka or otherwise
(a) of any 178[Goods or commodities or 226[Thirty paise for every ten

currencies] thousand or part thereof on the
value of goods or commodities
or currencies]
(b) Of any share, scrip, stock, bond, debenture, 227[Thirty paise for every ten
debenture stock or other marketable security of thousand or part thereof on the
a like nature, not being a government security. value of such security at the
time of its purchase or sale, as
the case may be.]
(c) Of a Government Security 228[Thirty paise for every ten

thousand or part thereof on the
value of such security at the
time of its purchase or sale, as
the case may be.]
(d) Of securities other than those falling under 229[Thirty paise for every ten
clause (b) above, in respect of either delivery or thousand or part thereof]
non delivery based (jobbing and trading)
transactions
(e) Of futures and options trading, of securities 230[Thirty paise for every ten
other than those falling under clause (b) thousand or part thereof.]
above,:
(f) Of forward contracts of commodities: 231[Thirty paise for every ten

thousand or part thereof.]
Explanation: For the purposes of clauses (b),

(d) and (e), "securities" means, the securities
as defined in clause (h) of section (2) of the
Securities Contract (Regulation) Act, 1956.
Exemptions:
(1) note or Memorandum sent by a broker or

agent to his principal intimating the purchase or
sale on account of such principal or a
Government security or a share, scrip, stock,
bond, debenture, debenture stock or other
marketable security of like nature in or of any
incorporated company or other body corporate,
an entry relating to which is required to be
made in clearance lists described in clauses (1),
(2) and (3) of Article 18-A.
(2) note or Memorandum sent by a broker or

agent to his principal in any of the above cases,
when the amount stated in the instrument is
less than rupees one hundred.]
38. Note of protest by the master of a ship
See also Protest by the master of a ship (No. 203[Fifty rupees]

43)
39. 69[Partition - Instrument of, as defined by

clause (k) of sub-section (1) of section 2
(a) where the property involved in the partition

is converted for non-agricultural purpose or is
meant for non-agricultural use
(1) if the property is situated in the jurisdiction Rupees one thousand for each
of Municipal Corporation or Urban Development share
Authorities or Municipal Councils or Town
Panchayats
(2) If the property is situated in the areas other Rupees five hundred for each
than those mentioned in sub-clause (1) above share
(b) where the property involved in the partition Rupees two hundred and fifty
is agricultural land for each share
(c) where the property involved in the partition Rupees two hundred and fifty
is movable or money for each share
(d) where the property involved in the partition Maximum of the duties
belongs to any of the combinations of described in sub-clauses (a), (b)
categories mentioned in sub-clauses (a), (b) or (c) above for each share:]
and (c) above
Provided always that, -
(a) when an instrument of

partition containing an
agreement to divide property in
severally is executed and a
partition is effected in
pursuance of such agreement
the duty chargeable upon the
instrument effecting such
partition shall be reduced by the
amount of duty paid in respect
of the first instrument but shall
not be less than 123[fifty

rupees]
124[(b) xxx xxx xxx]
(c) where a final order for

effecting a partition passed by
any revenue authority or any
Civil Court, or an award by an
arbitrator directing a partition,
is stamped with the stamp
required for an instrument of
partition and an instrument of
partition in pursuance of such
order or award is subsequently
executed the duty on such
instrument shall not exceed
123[fifty rupees]
2[40. Partnership. -
A. Instrument of Constitution Rupees Two Thousand.
B. Reconstitution, -
(a) where immovable property contributed as 220[Three per cent] on the

share by a partner or partners remains with the market value of the immovable
firm at the time of outgoing in whatever property remaining with the
manner by such partner or partners on firm
reconstitution of such partnership firm
(b) in any other case 182[one thousand rupees]
C. Dissolution of, -
(a) where the property which belonged to one 221[Three per cent on] a market
partner or partners when the partnership value equal to the market value
commenced is distributed or allotted or given to of the property distributed or
another partner or partners allotted or given to partner or
partners under the instrument
of dissolution, in addition to the
duty which would have been
chargeable on such dissolution if
such property had not been
distributed or allotted or given.
(b) in any other case 182[one thousand rupees]]
204[40-A. Limited Liability Partnership.-
A. Constitution of Limited Liability Partnership,

or conversion of firm/private company/unlisted
public limited company into limited liability
partnership,-

(a) where the capital does not exceed rupees Rupees one thousand
ten lakhs
(b) where the capital exceeds rupees ten lakhs, 222[Rupees one thousand plus
for every rupees five lakh or part thereof rupees five hundred for every
exceeding rupees ten lakhs rupees five lakhs or part
thereof, exceeding rupee ten
lakhs capital amount, subject to
a maximum of rupees ten lakhs]
B. Reconstruction or amalgamation of Limited 215[Three per cent] on the

Liability Partnership consideration or market value of
the property whichever is higher
of the transferor limited liability
partnership located within the
State of Karnataka.]
41. Powers of Attorney - (as defined by Section

2(1)(p) not being a proxy, -
(a) when executed for the sole purpose of 126[One hundred rupees]
procuring the registration of one or more
documents in relation to a single transaction or
for admitting execution of one or more such
documents
(b) when authorising one person or more to act 127[One hundred rupees]
in a single transaction other than the case
mentioned in clause (a)
(c) when authorising not more than five persons 128 [One hundred rupees]
to act jointly and severally in more than one
transaction or generally
(d) when authorising more than five but not 129[Two hundred rupees]
more than ten persons to act jointly and
severally in more than one transaction or
generally
130[(e) when given for consideration and or The same duty as a Conveyance
when coupled with interest and authorising the (under Article 20(1)) on
attorney to sell any immovable property consideration or on market
value of the property (which is
the subject matter of such
power of attorney), which ever
is higher]
164[191[Provided that the duty
paid on agreement for sale
under Article 5(e) or instrument
of sale or transfer as the case
may be, is adjustable towards
the duty payable on such power
of attorney under Article 41(e),
executed between the same
parties and in respect of the
same property.]]
193[(ea) If relating to construction or Two Rupees for every one

development of immovable property, including hundred rupees or part thereof,
a multi unit or multi storied house or building or on the Market Value of such
apartment or flat, or portion of it, executed by undivided share or portion of
and between owner or lessee, as the case may land or immovable property,
be, and developer, having a stipulation, consideration and money
whether express or implied, that, in advanced, if any; or
consideration of the owner or lessee conveying
or transferring or disposing off, in any way, the

undivided share or portion of land or immovable
property;
the developer agrees to convey or transfer or

dispose off, in any way the proportionate or On the Market Value of such
agreed share or portion of the constructed or share or portion of the
developed building or immovable property to constructed or developed
the owner or lessee, as the case may be. building or immovable property,
Explanation: consideration and money
advanced, if any; whichever is
The tern "Developer" includes promoter or
higher.
builder or by whatever name called.

Provided that, if the proper
stamp duty is paid under clause
(f) of the Article 5 on an
agreement for sale, executed by
and between the same parties
and in respect of the same
property, then the stamp duty
payable on the corresponding
power of attorney under clause
(ea) of article 41, shall not
exceed rupees two hundred.
Explanation: The term "money
advanced" in this Article, means
and includes the security
deposit whether refundable or
adjustable.]
(eb) when given to person other than the 134[135[136[The same duty as a
father, mother, wife or husband, sons, conveyance under Article 20(1)]
daughters, brothers, sisters in relation to the on the market value of the
executant authorising such person to sell property which is the subject-
immovable property situated in Karnataka State matter of power of attorney:
166[190[Provided that the duty

paid on agreement for safe
under Article 5(e) or instrument
of sale or transfer as the case
may be is adjustable toward the
duty payable on such power of
attorney under Article 41 (eb),
executed between the same
parties and in respect of the
same property.]]
217[(ec) When given to person other than the The same duty as a conveyance
father, mother, wife or husband, sons, under Article 20(7) on the
daughters, brothers, sisters in relation to the market value of the property
executant authorising such person to sell which is the subject-matter of
Transferable Development Rights relating to Power of Attorney.]
immovable property situated in Karnataka State
168[(f) When executed by a principal or client rupees fifty
for the sole purpose of authorizing rupees fifty
the agent or broker to carry out all lawful acts
and deeds relating to his / her trading
operations including sale / purchase of
marketable securities, transfer of securities
towards stock exchange, receiving / releasing
funds and securities from / to other parties on
behalf of the principal or client.
(g) When executed by a principal or client for rupees fifty

the sole purpose of authorizing Rupees fifty” the
depository participant to carry out all lawful acts
and deeds relating to his/her demat account as
per the bye-laws of the depositories /
regulations governing such operations]
167[(h)] in any other case 137[138[Two hundred rupees]
N.B. The term "Registration" includes every

operation incidental to registration under the
Registration Act, 1908 (Central Act No. 16 of
1908).
Explanation. - For the purposes of this article

more persons than one when belonging to the
same firm shall be deemed to be one person.
42. Protest of bill or note - that is to say, any 137[Ten rupees]

declaration in writing made by a Notary Public
or other person lawfully acting as such,
attesting the dishonour of a bill of exchange or
promissory note
43. Protest by the Master of a Ship - that is to 205[Fifty rupees]

say, any declaration of the particulars of her
voyage drawn up by him with a view to the
adjustment of losses or the calculation of
averages and every declaration in writing made
by him against the charters or the consignees
for not loading or unloading the ship, when such
declaration is attested or certified by a Notary
Public or other person lawfully acting as such
See also Note of protest by the master of a ship

(No. 38)
44. Reconveyance of mortgaged property, -
(a) the consideration for which the property was The same duty as a Conveyance
mortgaged does not exceed Rs. 1,000 (No. 20) for a market value
equal to the amount of such
consideration as set forth in the
reconveyance
139[(b) in any other case One hundred rupees]

79[45. Release, that is to say, any instrument

(not being such a release as is provided for by
Section 24), whereby a person renounces a
claim upon another person or against any
specified property, -
**140[(a) where the release is not between the The same duty as a Conveyance
family members [under Article No. 20(1)] on the
market value of the property
and or on the amount or value
of claim or part of claim
renounced, as the case may be
(which is the subject matter of
Release) or consideration for
such release, whichever is
higher.]
141[(b) where the release is between the family 223[(i) If the property is
members, - situated within the limits of
Bangalore Metropolitan Regional
Palike or City
Corporation......Rupees five
thousand;
Panchayat area .............
(ii)......................Rupees one
thousand:
and (iii) above.]
Explanation. - Family in relation to a person for
the purpose of clause (b) means husband, wife,
son, daughter, father, mother, brother
2[wife/children of predeceased brother] sister
142[husband/ children of predeceased sister],
wife of a predeceased son and children of a
predeceased son or predeceased daughter]
143[(c) Release of mortgage rights or lien The same duty as a Bond (No.
12) subject to a maximum of
rupees one hundred]
46. Respondentia bond, that is to say, any The same duty as a Bond (No.
instrument securing a loan on the cargo laden 12) for the amount of the loan
or to be laden on board a ship and making secured
repayment contingent on the arrival of the
cargo at the port of destination
Revocation of any Trust or Settlement - See

Settlement (No. 48), Trust (No. 54)
47. Security bond or Mortgage deed, executed

by way of security for the due execution of an
office, or to account for money or other
property received by virtue thereof, or
execution by a surety to secure the due
performance of a contract, -
206[(a) when the amount secured does not Fifty paise for every rupees one
exceed rupees one thousand hundred or part thereof
(b) in any other case Rupees two hundred]
Exemption: Bond or other instrument, when

executed, -
(a) by any person for the purpose of
guaranteeing that the local income derived from
private subscriptions to a charitable dispensary
or hospital or any other object of public utility
shall not be less than a specified sum per
mensem;
(b) under No. 3-A of the rules made under

Section 70 of the Bombay Irrigation Act, 1879;
(c) by persons taking advances under the

Karnataka Land Improvement Loans Act, 1963
(Karnataka Act No. 16 of 1963), the Karnataka
Agriculturists Loans Act, 1963 (Karnataka Act
No. 17 of 1963) or by their sureties as security
for the repayment of such advances;
(d) by officers of Government or their sureties

to secure the due execution of an office or the
due accounting for money or other property
received by virtue thereof
48. Settlement, -
69[A. Instrument of (including a deed of dower)
(i) where the disposition is not for the purpose The same duty as a Conveyance
of distributing the property of the settler among (No. 20) for a market value
his family equal to the market value of the
matter of settlement:
Provided that, where an

agreement to settle is stamped
with the stamp duty required for
an instrument of settlement,
and an instrument of settlement
in pursuance of such agreement
duty on such instrument shall
not exceed rupees fifty
145[(ii) where the disposition is for the purpose 223[(i) If the property is
of distributing the property of the settler among situated within the limits of
the members of his family:- Bangalore Metropolitan Regional
Palike or City
Corporation........................
Rupees five thousand;
Panchayat area ........... Rupees
three thousand;
(ii)................. Rupees one
thousand:
and (iii) above]
Explanation: For the purpose of this sub-clause

family in relation to settler means 146[father,
mother,] husband, wife, son, daughter,
147[daughter-in-law, brothers, sisters and
grand children]
Exemption: Deed of dower executed on the

occasion of a marriage between
Muhammadans148
148[B. Revocation of The same duty as a Conveyance

(No. 20) for a sum equal to the
amount or value of the property
concerned, in the instrument of
revocation, but not exceeding
two hundred rupees]
49. Share warrants - To bearer issued under One and a half times the duty
the Companies Act, 1956 (Central Act No. 1 of payable on a Conveyance (No.
1956) 20) for a market value equal to
the nominal amount of the
shares specified in the warrant
Exemptions: Share warrant when issued by a

company in pursuance of Section 114 of the
Companies Act, 1956, to have effect only upon
payment as composition for that duty to the
Deputy Commissioner of Stamp - revenue, of, -
(a) one and a half per centum of the whole

subscribed capital of the company, or
(b) if any company which has paid the said duty

or composition in full subsequently issues an
addition to its subscribed capital one and a half
per centum of the additional capital so issued
50. Shipping order, for or relating to the 148[Two rupees]

conveyance of goods on board of any vessel
51. Surrender of lease,
(a) when the duty with which the lease is The duty with which such deed
chargeable does not exceed twenty-two rupees is chargeable
and fifty paise
Exemption: Surrender of lease, when such lease

is exempted form duty.
52. Transfer - (whether with or without

consideration), -
69[(a)of debentures, being marketable Fifty paise for every rupees one
securities, whether the debenture, is liable to hundred or part thereof subject
duty or not to a maximum of one thousand
rupees for a consideration equal
to the face value of the
debenture.
(b) of any interest secured by a bond, mortgage

deed or policy of insurance, -
(i) if the duty on such bond, mortgage deed or The duty with which such bond,
policy does not exceed twenty-two rupees and mortgage deed; or policy of
fifty paise insurance is chargeable
(ii) in any other case 144[One hundred rupees]
(c) of any property under Section 25 of the 149 [One hundred rupees]
Administrator Generals Act, 1963
169[(d) of any trust property from one trust to The same duty as a conveyance
another trust or from Trust to trustee or [under Article 20 (1)] on the
beneficiary, or from trustee to trust or trustee market value of the property
or beneficiary, as the case may be. (which is the subject matter of
such transfer) or consideration
for such transfer, whichever is
higher.
Exemptions: Transfers of endorsement,- Provided that for the public

(a) of a bill of exchange, cheque or promissory religious and charitable trusts,
note; the duty for such transfer shall
be rupees one thousand.]
(b) of a bill of lading, delivery order, warrant for
goods or other mercantile document of title to
goods;
(c) of a policy of insurance;
(d) of securities of the Central Government or
of State Government.
See also Section 8
2[151[53 Transfer of lease.- by way of
assignment and not by way of under lease.
(a) Where the remaining period of lease does The same duty as conveyance
not exceed 30 years [No.20(1)] for a market value
equal to the amount of
consideration.
(b) Where the remaining period of lease The same duty as conveyance
exceeds 30 years. [No.20(1)] on the market value
of the property which is the
subject matter of transfer.]
10[53-A. Transfer of Licence The same duty as a Conveyance

(No.20)]
170[54. Trust,-
Declaration of or concerning, any property when

made by any writing not being a Will.-
(i) When the Trust is made exclusively for public Rupees One Thousand
religious and charitable purposes.
(ii) When the Trust is made for the Rupees One Thousand
management & custody of properties, for the
purpose of distributing the benefits/profits of
the property to the beneficiaries and where
there is no transfer/ disposition of property, in
any way.
(iii) When the trust made involves the transfer/ The same duty as conveyance
disposition of property in any way; [under Article No. 20(1)] on the
amount and the market value of
the property, which is the
subject matter of such transfer /
disposition.]
55. Warrant for goods, that is to say, any 207[Fifty rupees]

instrument evidencing the title of any person
therein named or his assigns, or the holder
thereof, to the property in any goods laying in
or upon any dock, warehouse or wharf, such
instrument being signed or certified by or on
behalf of the person in whose custody such
goods may be
155[Note: xxx xxx xxx]
_______________________________
1. Substituted by Act No. 21 of 1979. w.e.f. 31-3-1979
2. Substituted by Act No. 8 of 1995, w.e.f. 1-4-1995
3. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000 for the figure "10.000"
4. Substituted by Act No. 7 of 2000. w.e.f. 1-4-2000 for the words "One rupee"
6. Inserted by Act No. 6 of 2001, w.e.f. 1-4-2001
7. Substituted by Act No. 10 of 1990. w.e.f. 1-4-1990 for the words "Thirty rupees"
8. Substituted by Act No. 8 of 2003. w.e.f. 1-4-2003 for the words "Forty-five rupees"
9. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000 for the words "Fifteen rupees"
11. Inserted by Act No. 16 of 1981. w.e.f. 10-9-1980
* 13. Inserted by Act No. 22 of 1997, w.e.f. 29-9-1997.
14. Inserted by Act No. 6 of 1999, w.e.f. 1-4-1999.
15. Item (d) renumbered as Item (e) by Act No. 16 of 1981, w.e.f. 10-9-1980)
16. Proviso Inserted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
17. *Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009.

*Previous Reference: (ii) possession of the property is not delivered,-
(a) where the value of the property
(i) does not exceed Rs. 5,000 Ten rupees
(ii) exceeds Rs. 5,000 but does not exceed Rs. 20,000 Twenty rupees
(iii) exceeds Rs. 20,000 but does not exceed Rs. 50,000 One hundred rupees
(iv) exceeds Rs. 50,000 Two hundred rupees
*Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009. Fifty rupees
*Reference: (1 Explanation Inserted by Act No. 7 of 2007,
w.e.f. 1-4-2007)
1 [Explanation.-Where a reference of a Power of Attorney,
granted separately by the seller to the purchaser, in respect of
the property which is the subject matter of such agreement; is
made in the agreement, the possession of the property is
deemed to have been given for the purpose of this clause.]
(b) where such agreement or memorandum of an agreement
does not relate to monetary transactions or transactions not
susceptible to valuation in terms of money
*18. Substituted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010.
Reference: Substituted by Act No. 9 of 2009, (w.e.f. 1-4-2009) 0.25 rupee for every one hundred rupees or part thereof on the
market value equal to the amount of consideration.
19. Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009. (Previous Reference:
#[(f) If relating to giving authority or power to a developer by whatever name called, for construction or, development of, or
sale or transfer (in any manner whatsoever) any immovable property.
Where the market value of property
(1) Does not exceed Rupees one crore 10,000/-
(2) Exceeds one crores and does not exceed two crores 20,000/-
(3) Exceeds two crores and does not exceed five crores 50,000/-
(4) Exceeds five crores and does not exceed ten crores 1,00,000/-
(5) Exceeds Ten crores 1,50,000/-]
Reference: (Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009)one rupee for every one hundred rupees or part thereof on the
market value of the property, or the estimated cost of construction or proposed construction or development or proposed
development of the property, as the case may be, (which is the subject matter of such transfer under the agreement in
accordance with the provisions of section 8 of the Karnataka Stamp Act 1957)or on the consideration for such transfer
whichever is higher:
#. Clause (1) Substituted by Act No. 7 of 2007, w.e.f. 1.4.2007 *Reference: (f) If relating to giving authority or power to a
promoter or developer by whatever name called, for construction or, development of, or sale or transfer (in any manner
whatsoever) of any immovable property, 1[situated in Karnataka State] 2[One thousand rupees] 1. Inserted by Act No. 6 of
1999, w.e.f. 1.4.1999. *2. Substituted by Act No. 8 of 2003 w.e.f. 1.4.2003 for the words 2[Two rupees for every hundred
rupees or part thereof on the market value of the property which is the subject-matter of agreement;
*Previous Reference: (Act No. 6 of 2001, w.e.f. 1.4.2001) [Five rupees for every hundred rupees or part thereof on the market
value of the property which is the subject-matter of agreement]; 'Previous Reference : (Act No. 5 of 1998, w.e.f. 1.4.1998)
Four rupees for every hundred rupees or part thereof on the market value of the property which is the subject-matter of
agreement, subject to a maximum of rupees four lakhs.
*Reference: (Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009) Provided that, if the Proper stamp duty is paid under clause
(e), (ea) and (eb) of Article 41 on a power of attorney executed between the same parties in respect of the same property,
then the stamp duty under this article shall be as per Article 5(i)
21. Inserted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010.
22. Clause (i) and the entries relating thereto shall he renumbered as Clause (j) by (Second Amendment) Act No. 8 of 2010, w.e.f.
1-4-2010
23. Substituted for the words "Fifty rupees" by Act No. 9 of 2009, w.e.f. 1-4-2009.
24. Omitted by Act No. 5 of 1998, w.e.f. 1-4-1998
25. Substituted for the words, brackets and letter "sub-clause (I)" by Act No. 7 of 2007, w.e.f. 1-4-2007
27. Substituted by Act No. 6 of 1999, w.e.f. 1-4-1999 for the words "pawn, pledge or hypothecation"
28. Substituted for the Clauses "(a) and (b)" by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010.
30. In the Expatriation, Substituted for the words "in any judgment, decree or order of any court" by (Second Amendment) Act No.
8 of 2010, w.e.f. 1-4-2010.
31. Entries relating to Article 6, in clause (1), for sub-clauses (a) and (b) shall be substituted by Act 8 of 2003, w.e.f. 1-4-2003.
32. Sub-clause (a) substituted by Act 8 of 2008, w.e.f. 1 -8-2008.
33. Substituted for the words "for the amount secured" by Act 8 of 2008, w.e.f. 1-8-2008.
34. Entries relating to Article 6, in clause (1), for sub-clauses (a) and (b) shall be substituted by Act 8 of 2003, w.e.f. 1-4-2003.
35. Proviso inserted alter clause (iv) by Act No. 7 of 2007, w.e.f. 1-4-2007.
36. Omitted by Act No. 6 of 1999, w.e.f. 1-4-1999 the words "whether attested or unattested"
38. Omitted by Act No. 6 of 1999. w.e.f. 1-4-1999 the word "hypothecation ".
39. Substituted for the "Exemption: Instruments of pawn or pledge of goods, if unattested" by Act No. 8 of 2008, w.e.f. 1-8-2008.
40. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000 for the words "Seventy-five rupees"
41. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "thirty rupees "
43. Substituted by Act No. 8 of 2003. w.e.f. 1-4-2003 for the words "Fifteen rupees"
44. Substituted for the words "One thousand rupees for every rupees five lakhs or part thereof by Act No. 6 of 2001, w.e.f. 1-4-
2001
*45. Substituted by Act No. 9 of 2009. w.e.f. 1-4-2009.
[11. Award, that is to say, any decision in writing by an The same duty as a Bond (Article No. 12)
arbitrator or umpire, not being an award directing a partition on the Market Value of the property which
on a reference made otherwise than by an order of the Court is the subject matter of the award.]
in the course of a suit; On the amount or Market Value of the
property whichever is higher
^ Substituted by Act No. 7 of 2007. w.e.f. 1-4-2007
**Previous Reference
^11. Award, that is to say, any decision in writing by an arbitrator or The same duty as a Bond (No. 12)
umpire, not being an award directing a partition on a reference made for such amount
otherwise than by an order of the Court in the course of a suit, -
(a) where the amount or value of the property to which the Forty rupees
award relates does not exceed Rs. 1,000
(b) if it exceeds Rs. 1,000 but does not exceed Rs. 5,000 and #[Five rupees]
for every additional Rs. 1,000 or part thereof in excess of Rs.

5,000
#. Substituted for the words 'Two Rupees' by Act No. 8 of 2003, w.e.f. 1-4-2003
47. Article 14 substituted by Act No. 7 of 2006, w.e.f. 1-4-2006.
14. Cancellation - instruments of - (including any instrument by which any instrument previously #[One hundred rupees]]
executed is cancelled), if attested and not otherwise provided for. See also Release (No. 45), Revocation of Settlement (No. 48-
B), Surrender of Lease (No. 51), Revocation of Trust (No. 54-B)
# Substituted by Act No. 10 of 1990, w.e.f. 1.4.1990 for the words "thirty rupees.
48. Substituted by (Second Amendment) Act No. 8 of 2010. w.e.f. 1-4-2010
Previous Reference: (7 of 2006) : Same duty as on the original instrument
49. Substituted for the word "Schedule" by Act No. 7 of 2007. w.e.f. 1-4-2007
50. Substituted for the words "See also" by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
51. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "Three hundred and thirty-five rupees"
52. Substituted for the words "six rupees." by Act 8 of 2003, w.e.f. 1-4-2003
53. Substituted by Act 8 of 2003, w.e.f. -4-2003 for the words "forty-five rupees."
54. Substituted by Act 7 of 2006, w.e.f. 1-4-2006.
55. Substituted for the words "Seven and a half percent" by Act No. 9 of 2009, w.e.f. 1-4-2009.
56. Proviso Omitted by Act No. 20 of 2009, and shall be deemed to have come into force w.e.f. 4-6-2009 5[Provided that where a
conveyance is backed by a valid title insurance policy issued by any Insurance Company recognized by Insurance Regulatory and
Development Authority, the duty shall be 7 % of the market value of the property.]
*Previous Reference:
* 1[202[3[(1)] For conveyance, as defined by clause (d) of Section 2, not being a transfer charged or exempted under No. 52, on the
market value of the property which is the subject-matter of conveyance, if the property is situated within the limits of, -
(i) Bangalore Metropolitan Regional Development Authority 4[8% of the value]
(ii) City Corporation or City or Town Municipal Council or any Town Panchayats 5[8% of the value]
other than the areas specified in item (i)
(iii) Any area other than areas specified in items (i) and (ii) 8% of the value]]
3. Article 20 renumbered as Article 20(1) by Act No. 19 of 1994, w.e.f. 1-4-1994
4. Substituted by Act 8 of 2003, w.e.f. 1-4-2003 for the words "10% of the value."
5. Substituted by Act 8 of 2003, w.e.f. 1-4-2003 for the words "9% of the value."
57. *Proviso Omitted by Act No. 6 of 2001, w.e.f. 1-4-2001.
*Previous Reference: Provided that in respect of any instrument of conveyance effected by the House Building Co-operative
Societies, registered under the Karnataka Co-operative Societies Act, 1959 (Karnataka Act No. 11 of 1959) insofar as it relates
to allotment of buildings or sites to their members, the duty shall be payable at the rates specified above on the amount or
value of consideration for such conveyance as set forth in the instrument:
59. Proviso Inserted by Act 8 of 2003, w.e.f. 1-4-2003. w.e.f. 1-4-2010
60. Inserted by Act No. 19 of 1994. w.e.f. 1-4-1994.
61. Substituted for the words "first instrument" by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
62. Substituted for the words "nine per cent of the value" by Act 8 of 2003, w.e.f. 1-4-2003.
63. Substituted for the words "Eight per cent of the value" by Act No. 7 of 2006, w.e.f. 1-4-2006.
64. Substituted for the words, brackets and figures 'Seven and a half per cent" by Act No. 20 of 2009, and shall be deemed to have
come into force w.e.f. 4-6-2009.
65. Inserted by (Second Amendment) Act No. 8 of 2010.
* Previous Reference: Where the

Market value:—
I Does not exceed rupees 5,00,000 Four rupees for every hundred rupees or part thereof
II Exceeds rupees 5,00,000 but does Twenty thousand rupees plus six rupees for every hundred
hot exceed rupees 15,00,000 rupees or part thereof in excess of rupees 5,00,000
III Exceeds rupees 15,00,000 Eighty thousand rupees plus eight rupees or part thereof in
excess of 15,00,000
*67. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000.
68. Omitted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
Reference: (Inserted by Act No. 19 of 1994, w.e.f. 1-4-1994).(c)' Promoter' means a promoter as defined in clause (c) of
Section 2 of Karnataka Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act,
(Karnataka Act 16 of 1973).
* 70. Clause (4) Substituted by Act No. 7 of 2007, w.e.f. 1-4-2007
71. Substituted for the words, figures and brackets "Same duty as a conveyance [under Article 20(1)] on the market value of the
property" by Act No. 8 of 2008, w.e.f. 1-8-2008.
72. Substituted for the figure and symbol "5%" by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
73. Substituted for the words, figures and brackets "Same duty as a conveyance [under Article 20(1)] on the market value of the
property" by Act No. 8 of 2008, w.e.f. 1-8-2008
74. Substituted for the figure and symbol "5%" by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
75. Inserted by Act 8 of 2008, w.e.f. 1-8-2008.
Previous Reference: Act 8 of 2003, (From 1-4-2003 1[Ten per cent of the aggregate market value of
to 31-3-2007) shares issued or allotted in exchange or otherwise

*(4) If relating to an order made by the High Court and the amount of consideration paid for such
under Section 394 of the Companies Act, 1956 in amalgamation:
respect of amalgamation of companies
Provided that, the amount of duty chargeable under

this clause shall not exceed
(i) an amount equal to 7 per cent of the market

value of the immovable property located within the
State of Karnataka of the transferor company; or
(ii) an amount equal to 0.7 per cent of the aggregate

of the market value of the shares issued or allotted
in exchange or otherwise and the amount of
consideration paid for such amalgamation,
Provided for that, in case of re-construction or

demeger the duty chargeable shall not exceed,-
(i) an amount equal to 7 per centum of the market

value of the immovable able property located within
the State of Karnataka transferred by the Demerging
Company to the Resulting Company, or
1. Substituted by Act 8 of 2003, w.e.f. 1-4-2003 for (ii) an amount equal to 0.7 per centum of the
the words "Ten rupees for every rupees one aggregate of the market value of the shares issued
thousand or part thereof, on the market value of the or allotted to the Resulting Company and the
property of the transferor company, located in State amount of consideration paid for such demerger
of Karnataka and transferred to the transferee whichever is higher.]
company on amalgamation
76. Substituted by Act 8 of 2003, w.e.f. 1-4-2003. Previous Reference:
(5) If relating to industrial machinery Two rupees for every rupees one hundred or part thereof Exemption. -
(i) Sale of industrial machinery by the manufacturer or his authorised agent
(ii) Industrial machinery not exceeding the value of rupees twenty-five thousand.
78. Clause (7) Inserted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010.
80. Substituted for the words "four rupees and fifty paise" by Act No. 9 of 2009, w.e.f. 1-4-2009.
81. Substituted by Act 8 of 2003, w.e.f. I-4-2003 for the words "*thirty rupees"
Previous Reference : *Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words " six rupees"
82. Substituted for the words "Fifty rupees " by Act No. 9 of 2009, w.e.f. 1-4-2009.
83. Substituted by Act 8 of 2003. w.e.f. 1-4-2003 for the words "*Eight rupees"
Previous Reference : *Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Forty rupees"
84. Omitted by Act No. 7 of 2000, w.e.f. 1-4-2000 the words "Twenty paise"
85. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000, for the words "when such goods exceeds in value twenty rupees"
86. Substituted by Act 8 of 2003, w.e.f. 1-4-2003 for the words "Ten rupees "
87. Substituted by Act 8 of 2003, w.e.f. 1-4-2003 for the words, brackets and figures "The same duty as a Bond (No. 12) for the
amount of further charge secured by such instrument, subject to a maximum of Rupees three lakhs
88. *Substituted by Act No. 6 of 2001, w.e.f. 1-4-2001.
*Previous Reference: #[(b) where the donee is a

member of the family of the donor
(i) Where the market value is less than Rs. 50,000 Rs. 500
(ii) Where the market value is Rs. 50,000 and 2% of the value
above but less than Rs. 10 lakhs
(iii) Where the market value is Rs. 10 lakhs and 3% of the value
above but less than Rs. 20 lakhs
(iv) Where the market value Is Rs. 20 lakhs and 5% of the value
above
Explanation: Family in relation to the donor for this purpose means husband, wife, sons and daughters]'
Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000.
89. Inserted the words and comma by Act No. 9 of 2009, w.e.f. 1-4-2009.
90. Substituted for the words "daughter-in-law by Act No. 7 of 2007, w.e.f. 1-4-2007
91. In sub-clause (1) items (i), (ii), (iii), and (iv) Substituted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
93. Substituted by Act No. 5 of 1998, 1-4-1998 for the words "Provided that"
94. Explanation Omitted by Act No. 7 of 2006, w.e.f. 1-4-2006. Previous Reference: Explanation.- When a lessee undertakes to pay
any recurring charge, such as Government revenue the landlords, share of cess, or the owner's share of municipal rates or taxes
which is by law recoverable from the less or, the amount so agreed to be paid by the lessee shall be deemed to be part of the rent.
95. Clause (d) inserted by Act No. 7 of 2006, w.e.f. 1-4-2006.
96. Renumbered as 30(1)by Act No. 9 of 1997, w.e.f. 1-4-1997
97. Substituted by Act No. 9 of 1997, w.e.f. 1-4-1997 for the words 'Lease'
98. Substituted for the words 'less than five years' by Act 8 of 2008, w.e.f. 1-8-2008.
99. Substituted by Act No. 6 of 2001, w.e.f. 1-4-2001 for the words "a market value"
100. Substituted by Act No. 6 of 2001, w.e.f. 1-4-2001 for the words, figures and brackets 'Article 20(1)'
101. Substituted by Act No. 6 of 2001, w.e.f. 1-4-2001 for the words, figures and brackets "Bond (Article No. 12)"
102. Substituted by Act No. 7 of 2006, w.e.f. 1-4-2006 for the words as set forth in the lease"
*103. Inserted by Act No. 6 of 1999. (w.r.e.f. 1-4-1998 to 31-3-1999)
Previous Reference: (Act 8 of 1995, from 1-4-1995 to 31-7-2008)
[(d) Where the leasee undertakes to effect improvements in the leased property and agreed to make over the same to the
less or at the time of termination of lease The same duty as Conveyance (No. 20) for value of the improvement
contemplated to be made by the lessee as set forth in the deed in addition to the duty chargeable under (a) or (b) or (c)
as the case may be]
107. Omitted by Act No. 8 of 2008, w.e.f. 1-8-2008
108. Renumbered as 30(1) by Act No. 9 of 1997, w.e.f. 1-4-1997
109. Substituted by Act No. 9 of 1997, w.e.f. 1-4-1997 for the words "Lease"
110. Inserted by Act No. 8 of 1995. w.e.f. 1-4-1995
111. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "Fifty paise"
112. Substituted by Act No. 8 of 2003. w.e.f. 1-4-2003 for the words "Forty five rupees"
113. Substituted by (Second Amendment) Act No. of 2010, w.e.f. 1-4-2010.
114. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "Two hundred rupees"
115. Substituted for the words "deposit of title deeds, pawn or pledge (No.6)" by Act No. 8 of 1995, w.e.f. 1-4-1995
116. Substituted for the words "pawn, pledge or hypothecation " by Act No. 6 of 1999, w.e.f. 1-4-1999
117. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "Rupees three for every hundred rupees or part thereof for the
amount secured by such deed subject to a maximum of rupees three lakhs". 'Previous Reference. Substituted by Act No. 5 of 1998,
w.e.f. 1-4-1998
118. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words" Three rupees and Fifty paise."
119. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words 'Three rupees and fifty paise subject to a maximum of rupees
three lakhs"
120. Substituted by Act No. 8 of 2003. w.e.f. 1-4-2003 for the words "One rupee"
121. Substituted for the words "Five rupees" by Act, No. 10 of 1990, w.e.f. 1-4-1990.
122. Substituted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
123. Substituted by Act No. 6 of 1999, w.e.f. 1-4-1999 for the words "three rupees"
124. Omitted by Act No. 6 of 1999. w.e.f. 1-4-1999
125. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "Five hundred rupees"
126. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000 for the words Ten rupees"
127. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000 for the words "Twenty rupees"
128. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Twenty-two rupees"
129. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Forty-one rupees"
130. Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009. (Previous Reference:)
(e) when given for consideration and authorising the attorney to sell any immovable property
The same duty as a Conveyance (No. 20) for a market value equal to the amount of the consideration
131. Clause (ea) substituted by Act No. 7 of 2007, w.e.f. 1-4-2007
133. Clause (ea) Substituted by Act 7 of 2007, w.e.f. 1-4-2007
*(ea) when given to a promoter or developer by whatever name called for construction, development on, or sale, or transfer (in
any manner whatsoever) of, any immovable property situated in the Karnataka State.#[One thousand rupees]
* Substituted by Act No. 6 of 1999, w.e.f. 1-4-1999
# Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the items (i), (ii) and Proviso :
Previous Reference:
(i) Four rupees for every hundred or part thereof, on the market value of the property which is the subject-matter of the
instrument subject to a maximum of rupees four lakhs
(ii) If such market value is not set forth, then a fixed amount of rupees four lakhs:
Provided that where an agreement is executed between the same parties, in respect of some property and is
stamped in accordance with Article No. 5(f) and in furtherance of such agreement if a power of attorney is
subsequently executed, the duty on such power of attorney shall be in accordance with clause (f) of this article
134. Substituted by Act No. 8 of 2003, w.e.f. 1 -4-2003 for the words "Two rupees"
135. Substituted by Act No. 7 of 2006, w.e.f. 1-4-2006 for the words "Eight rupees"
136. Substituted for the words, brackets and figures "Seven rupees and fifty paise for every one hundred rupees or part thereof " by
No. 20 of 2009, and shall be deemed to have come into force w.e.f. 4-6-2009
137. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "five rupees"
138. Substituted for the words "one hundred rupees " by Act No. 9 of 2009, w.e.f. 1-4-2009.
140. Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009.
Clause (a) of Rule 45 substituted by Act No. 9 of 2009, w.e.f. 1-4-2009.
"Previous Reference: *[(a) where the release is not between the family members, -
(i) where the release is not for any consideration #[2.5% on the market value of the property, which is the subject matter
of release.]
(ii) if the release is for consideration___________^[50% of the rate applicable to Conveyance on the market value of the
property which is the subject matter of Release.]
*. Substituted by Act No. 6 of 1999, w.e.f. 1-4-1999.
#. The entries in Column No.3 Substituted by Act No. 7 of 2007, w.e.f. 1-4-2007.
Previous Reference: The same duty as a Bond (No. 12) for such amount or value of the property as set forth in the instrument
or on such average amount or values of the comparable properties, whichever is higher
*Previous Reference: The same duty as a Conveyance (No. 20) for a market value equal to the amount of the consideration.
^. * The entries in Column No.3 Substituted by Act No. 7 of 2007, w.e.f. 1-4-2007
"Previous Reference: #[(b) where the release is between the family

members, -
(ii) Where the market value is Rs. 50,000 and above but less than 2% of the value
Rs.10 lakhs
(iii) Where the market value is Rs. 10 lakhs and above but less than 3% of the value
Rs. 20 lakhs
(iv) Where the market value is Rs. 20 lakhs and above 5% of the value
Explanation: Family in relation to a person for the purpose of clause (b) means father, mother, husband, wife, sons, daughters,
brothers and sisters.
# Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000
144. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Thirty rupees"
145. *Substituted by Act No. 6 of 2001, w.e.f. 1-4-2001
*Previous Reference: #[(ii) where the disposition is for the purpose of distributing the property of the settlor
among his family.-
(ii) Where the market value is Rs. 50,000 and above but less than Rs. 2% of the value
10 lakhs
(iii) Where the market value is Rs. 10 lakhs and above but less than Rs. 3% of the value
20 lakhs
(iv) Where the market value is Rs. 20 lakhs and above 5% of the value]
Explanation: Family in relation to the settlor for the purpose of clause (A) means husband, wife, sons and daughters]
# Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000.
146. Inserted by Act No. 9 of 2009, w.e.f. 1 -4-2009
148. Substituted by Act No. 9 of 1987 (1-4-1987)
147. The words and comma "daughter-in-law" Substituted by Act 7 of 2007, w.e.f. 1-4-2007
148. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "twenty five paise"
149. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Forty-five rupees"
150. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Fifteen rupees"
151. Substituted by Act No. 7 of 2006, w.e.f. 1-4-2006 *Previous Reference:
53. Transfer of lease, by way of assignment, and not by way of under lease
The same duty as a conveyance (No.20) for a market value which is the subject matter of assignment
152. Substituted by Act No. 7 of 2007, w.e.f. 1-4-2007 * Previous Reference:
*A. Declaration of, or concerning any property when made by any writing not being a Will
The same duty as a Bond (No. 12) for a sum equal to the amount or value of the property concerned, as set forth in the
instrument, but not exceeding #[five hundred rupees]
#. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Ninety rupees'
153. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Sixty rupees"
154. Substituted for the words "One rupee fifty paise" by Act No. 8 of 2003, w.e.f. 1-4-2003.
155. Omitted by Act No. 9 of 1987, w.e.f. 1-4-1987.
156. Substituted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :-
17[(ii) possession of the property is not delivered 18[One rupee for every one hundred
rupees or part thereof on the market

value equal to the amount of
consideration subject to a maximum of
rupees Twenty Thousand but not less
than rupees Five hundred.]]
157. Omitted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following:-
19[(f) If relating to construction or development or sale of an 20[ one rupee for every one hundred
immovable property, including a multi-unit house or building rupees or part thereof on the market
or unit of apartment or flat or portion of a multi-storied value of the property which is the subject
building by a person having a stipulation that after matter of such agreement or on the
construction or development, such property shall be held consideration for such agreement,
jointly or severally by that person and the owner or lessee, as whichever is higher, subject to a
the case may be, of such property, or that it shall be sold maximum of rupees one lakh fifty
jointly or severally by them or that a part of it shall be held thousand:
jointly or severally by them and the remaining part thereof
shall be sold jointly or severally by them.
Provided that, if the proper stamp duty is
paid under Article 41 (ea) on a power of

attorney, executed between the same
parties in respect of the same property,
then the stamp duty chargeable on such
agreement shall not exceed Rs. 200/-.]
Explanation I:-
(1) the expression "lessee' shall mean a holder of a lease, for

a period exceeding thirty years or more, or in perpetuity or
does not purport to be for any definite term.
(2) the expression "building" shall mean a building having

more than one apartment or flat or office accommodation or
portion of a multi-storied building.
Explanation II: For the purpose of clause (e), clause (f) and
clause (h) where subsequently conveyance or mortgage as
the case may be, is executed between the same parties in
pursuance of such agreement or its records or memorandum,
the stamp duty, if any, already paid and recovered on the
agreement or its record or memorandum shall be adjusted
towards the total duty leviable on the conveyance or
mortgage, as the case may be]
158. Omitted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- "Revocation of Trust
(No. 54-B)"
159. Substituted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- "71[72 [Three per
cent]"
160. Substituted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- "0.7%"
161. Substituted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- "73[74[Three per
cent]"
162. Inserted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011.
163. Omitted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- " 121[Ten rupees]"
164. Substituted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- "16[Provided that
the duty paid on such power of attorney is adjustable towards the duty payable on the instrument of sale or transfer
executed subsequently between the same parties and in respect of the same property.]"
165. Omitted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :-
131[17[(ea) when given for construction / development or sale 132 [one rupee for every one hundred
of an immovable property, including a multi-unit house or rupees or part thereof on the market
building or unit of apartment or flat or portion of a multi- value of the property which is the subject
storied building to a person having a stipulation that after matter of such power of attorney or on
construction or development, such property shall be held the consideration for such power of
jointly or severally by person and the owner or lessee, as the attorney, whichever is higher, subject to a
case may be, of such property, or that it shall be sold jointly maximum of rupees one lakh fifty
or severally by them or that a part of it shall be held jointly or thousand:
severally by them and the remaining part thereof shall be sold
jointly or severally by them.
Provided that, when proper stamp duty is

paid under Article 5(f) on such
agreement, or records thereof or
memorandum of an agreement executed
between the same parties and in respect
of the same property, the duty
chargeable on such power of attorney
shall not exceed Rs.200/-:
Provided further that the duty paid on

such power of attorney is adjustable
towards the duty payable on the
instrument of sale or transfer executed
subsequently between the same parties
and in respect of the same property.]]
Explanation:-
(1) the expression "lessee' shall mean a holder of a lease for a

period exceeding thirty years or more or in perpetuity or does
not purport to be for any definite term.
(2) the expression "building" shall mean a building having

more than one apartment or flat or office accommodation or
portion of a multi-storied building or both.
*3. Substituted by (Second Amendment)

Act No. 8 of 2010, w.e.f. 1-4-2010.
Reference -.(Act No. 9 of 2009, w.e.f. 1-

4-2009)
(one rupee for every one hundred rupees

or part thereof on the market value of the
property, or the estimated cost of
construction or proposed construction or
development or proposed development of
the property, as the case may be, (which
is the subject matter of such transfer
under the power of attorney in
accordance with the provisions of section
28 of the Karnataka Stamp Act 1957) or
the consideration for such transfer
Provided that, when proper stamp duty is
paid under clauses (e) or (f) of article 5
(as the case may be) on such agreement,
or records thereof or memorandum of an
agreement executed between the same
parties and in respect of the same
property, the duty chargeable under
these clauses shall be as per Article
41(f).]
Reference: Act No. 7 of 2007 (1-4-2007 to 31-3-2009)
166. Substituted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- "Provided that the duty
paid on such instrument is adjustable towards the duty payable on the instrument of sale or transfer executed subsequently in
favour of either the attorney holder or any other person"
167. Renumbered by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011.
"(d) of any trust-property from the trustee to another trustee 150[Two hundred rupees]
or from a trustee to the beneficiary
Exemptions: Transfers of endorsement, -
(a) of a bill of exchange, cheque or promissory note;
(b) of a bill of lading, delivery order, warrant for goods or

other mercantile document of title to goods;
(c) of a policy of insurance;
"(d) of securities of the Central Government or of State

Government.
See also Section 8"
54. Trust,-
152[A. Declaration of,-
(i) Concerning any Money or Amount conveyed by the Author Rupees five hundred
to the Trust as corpus.
(ii) Concerning any immoveable property owned by the Author Rupees five hundred
and conveyed to the Trust of which, the Author is the sole
Trustee.
(iii) Concerning any immoveable property owned by the the same duty as a conveyance [Article
Author and conveyed to the Trust of which, the Author is not a 20(1)] for the market value of the
Trustee or one of the Trustees. property conveyed.]
B. Revocation of, or concerning any property wen made by an The same duty as a Bond (No. 12) for a
instrument other than a Will sum equal to the amount or value of the
property concerned, as set forth in the
instrument, but not exceeding 153[two
hundred rupees]
See also Settlement (No. 47)

Valuation - See Appraisement (No. 8)
171. Inserted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "157[***]"
(2) the 27[pawn or pledge], of movable property, 36[xxx xxx
xxx], where such 27[pawn or pledge] has been made by way

of security for the repayment of money advanced or to be
advanced by way of loan or an existing or future debt,-
(a) if such loan or debt is repayable not more than three Twenty-five paise for every hundred
months from the date of such instrument; rupees or part thereof
(b) If such loan or debt is repayable on demand or more than Fifty paise for every hundred rupees or
three months from the date of instrument evidencing the part thereof subject to a maximum or
agreement rupees two lakhs]
37[Provided that where a fresh instrument
of 38[xxx], pawn or pledge of movable

property is executed for securing
repayment of money already advanced by
way of loan between the same parties
and for the same purpose and for the
same amount and the duty in respect of
earlier instrument has been paid, then the
duty chargeable on such fresh instrument
is chargeable as per clause (i) of Article 5
of this Schedule].
14[39[Exemption:

1. Instruments of pawn or pledge of jewels wherein such loan

or debt is upto Rupees ten thousand.
2. Instruments of pawn or pledge of goods, if unattested.]
Note: "Goods" for the purpose of exemption means raw

materials and stock in trade only.]
174. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "Rupees five"
175. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "rupees twenty-five"
176. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "55[Six per cent] of the
value]"
177. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "Customs bond"
178. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "Of any goods or
commodities"
179. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "rupees 5000"
180. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "One hundred rupees"
181. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "125[One thousand
rupees]"
182. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "Five hundred rupees"
183. Inserted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "165[***]"
184. Substituted by Act No. 19 of 2014, w.e.f. 1-3-2014 for the following : -
"Provided that if the proper stamp duty is paid on power of attorney under Article 41(e) or 41 (eb) as the case may, be
executed between the same parties in respect of the same property, then the stamp duty chargeable on such agreement under
Article 5(e) shall not exceed rupees two hundred."
186. Substituted by Act No. 19 of 2-14, w.e.f. 1-3-2014 for the following : -
"11. Award.- that is to say, any decision in writing by an The same duty as a conveyance (under
arbitrator or umpire, not being an award directing a partition, Article No. 20(1)) on the amount or
on a reference made otherwise than by an order of the Court Market Value of the property (which is the
in the course of a suit. subject matter of the award), which ever
is higher."
188. Items (i) and (ii) Omitted by Act No. 19 of 2014, w.e.f. 1-3-2014 for the following : -
"(i) where the value of the goods does not exceeds Rs. 1000 Rupees one
Rupees five for every rupees one

(ii) Where the value of the goods exceeds Rs. 1000, thereof
thousand"
189. Explanation Inserted by Act No. 19 of 2014, w.e.f. 1-3-2014
190. Proviso Substituted by Act No. 19 of 2014, w.e.f. 1-3-2014 for the following : - " Provided that the duty paid on such power of
attorney is adjustable towards the duty payable on agreement for sale under Article 5(e) or on instrument of sale or transfer, as the
case may be, executed between the same parties in respect of the same property."
191. Proviso Substituted by Act No. 19 of 2014, w.e.f. 1-3-2014 for the following : - "Provided that the duty paid on such power of
attorney is adjustable towards the duty payable on agreement for sale under article 5(e) or on instrument of sale or transfer, as the
case may be, executed between the same parties in respect of the same property."
193. Substituted by Act No. 19 of 2014, w.e.f. 1-3-2014 for the following : -
"183[(ea) If relating to construction or development of an One Rupee for every one hundred rupees
immovable property , including a multi-unit house or building or part thereof, on the market value of the
or unit of apartment or flat or portion of a multi-storied property which is the subject matter of
building by a developer or builder or promoter or by development in the power of attorney or
whatever name called having a stipulation that, for such on consideration, whichever is higher
construction or development, the property shall be held subject to a maximum of rupees fifteen
jointly by the developer or builder or promoter or by lakhs].
whatever name called and the owner or lessee, as the case 192[Provided that, if the proper stamp duty
may be, of such property, or that it shall be sold jointly by is paid under clause (f) of Article 5 on the
them or that a part of it shall be held jointly by them and the Agreement, executed between the same
remaining part thereof shall be sold jointly by them. parties in respect of the same property,
the stamp duty payable on such Power of
Attorney shall not exceed rupees two
hundred.]
194. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015.
195. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015, for the following:-"43[Fifty rupees]"
196. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015, for the following:-"44[Five hundred rupees for every rupees Ten lakhs or
part thereof]"
197. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015, for the following:-"53[One hundred rupees]"
198. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015, for the following:-
"76[(5)Conveyance relating to industrial machinery Five per cent of the market value]"
whether treated as moveable or immoveable

property
201. Clause (d) Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015 for the following:-
"(d) For hypothecation of Ten rupees for every ten thousands rupees or part thereof advanced,
movable property,- subject to a maximum of rupees ten thousand]"
202. Substituted for the words " one thousand rupees" by Act No. 16 of 2015, w.e.f. 1-4-2015.
203. Substituted for the words "Two rupees" by Act No. 16 of 2015, w.e.f. 1-4-2015.
204. Article 40-A Inserted by Act No. 16 of 2015, w.e.f. 1-4-2015.
205. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015 for the words "Five rupees"
"(a) when the amount secured does not exceed Rs. 1,000 The same duty as a Bond (No. 12) for the
amount secured
(b) in any other case 144[One hundred rupees]"
207. Substituted for the words "Ten rupee" by Act No. 16 of 2015, w.e.f. 1-4-2015 for the following:-"154[Ten rupees]"
208. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015 for the following-
"(g) If relating to sale of movable property Same duty as in sub-clause (e) of this article"
* Reference: (Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009) Provided that, if the Proper stamp duty is paid under clause (e),
(ea) and (eb) of Article 41 on a power of attorney executed between the same parties in respect of the same property, then the
stamp duty under this article shall he as per Article 5(i)
"if such loan or debt is One rupee for every one thousand rupees or part thereof on the loan or debt
repayable on demand amount, subject to a maximum of rupees fifty thousand."
210. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"without"
211. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"Two per cent"
212. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-
"194[(i-e) Chit Agreement, executed in the State of

Karnataka under Section 6 of the Chit Funds Act, 1982,
where the value of chit,-
(i) does not exceed rupees one lakh Rupees one hundred
(ii) exceeds rupees one lakh nut does not exceed rupees five Rupees one hundred
lakhs
(iii) exceeds rupees five lakhs, for every rupees two lakhs or Rupees one hundred"
part thereof
213. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"159[Two per cent]"
214. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"161[Two percent]"
215. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"Two per cent"
216. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"1%"
217. Inserted by the Karnataka Stamp (Second Amendment) Act, 2016.
218. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"Rupees one thousand"
219. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"rupees one thousand."
220. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"The same duty as a Conveyance (No.
20)"
221. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"The same duty as a Conveyance (No.
20) for"
222. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"Rupees five hundred"
223. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"Rupees one thousand"
224. Inserted by the Karnataka Stamp (Fourth Amendment) Act, 2016.
225. Substituted by the Karnataka Stamp (Amendment) Act, 2017 Act No. 17 of 2017, w.e.f. 01-04-2017 for the following:- "under
section 394 of the Companies Act, 1956"
226. Substituted by the Karnataka Stamp (Amendment) Act, 2017 Act No. 17 of 2017, w.e.f. 01-04-2017 for the following:- "One
rupee for every ten thousand or part thereof on the value of 178[Goods or commodities or currencies], subject to a maximum of
fifty rupees."
227. Substituted by the Karnataka Stamp (Amendment) Act, 2017 Act No. 17 of 2017, w.e.f. 01-04-2017 for the following:- "One
rupee for every ten thousand or part thereof on the value of such security at the time of its purchase or sale, as the case may be,
subject to a maximum of fifty rupees."
228. Substituted by the Karnataka Stamp (Amendment) Act, 2017 Act No. 17 of 2017, w.e.f. 01-04-2017 for the following:- "one
rupee for every ten thousand or part thereof of the value of the security, at the time of its purchase or sale, as the case may be,
subject to a maximum of 202[rupees fifty]"
rupee for every ten thousand or part thereof subject to a maximum of fifty rupees"
rupee for every ten thousand or part thereof subject to a maximum of fifty rupees"
rupee for every ten thousand or part thereof subject to a maximum of fifty rupees."]
Disclaimer: This document is being furnished to you for your information and research. The contents of this document have
been obtained from sources we believe to be trustworthy. The Content provided herein is on an “As Is” basis. The information
has been compiled on “best effort” and “as available basis”. In some cases the Principal Act and/or Amendment Act may not be
available. Principal Acts may or may not include subsequent amendments. Manupatra makes no representation or warranty as
to the accuracy, completeness or correctness of the content. Manupatra expressly disclaims all responsibility for any loss,
injury, liability or damage of any kind resulting from and arising out of, or any way related to the above Content. For
authoritative text, please contact the relevant state department concerned or refer to the latest government publication or the
gazette notification.

Karnataka Stamp Act

Transféré par

Informations du document

Copyright

Formats disponibles

Partager ce document

Partager ou intégrer le document

Options de partage

Avez-vous trouvé ce document utile ?

Ce contenu est-il inapproprié ?

Droits d'auteur :

Formats disponibles

Karnataka Stamp Act

Transféré par

Droits d'auteur :

Formats disponibles

11/07/2019 KARNATAKA STAMP ACT, 1957

KARNATAKA STAMP ACT, 1957

Schedule - STAMP-DUTY ON INSTRUMENTS

1[ SCHEDULE STAMP DUTY ON INSTRUMENTS

Art No. Description of Proper Stamp Duty

(i) a debt written or signed by or on behalf of,

(b) in any other case 7[One hundred rupees]

3. Adoption deed, that is to say, any 8[Five hundred rupees]

Advocate - See Certificate of enrolment as an

4. Affidavit, including an affirmation or 9[Twenty rupees]

Exemptions: Affidavit or declaration in writing

(b) for the immediate purpose of being filed or

(i) possession of the property is delivered or is The same duty as a Conveyance

16[Provided that, where a deed

185[Act No. 19 of 2014 w.e.f 1-3-2014

171[185[(f) If relating to construction or Two Rupees for every one

Explanation: The term "Developer" includes Explanation: The term "money

(i) possession of the property is delivered or is 211[Three per cent] of the

(h) If relating to the mortgage Same duty as under Article No.

(ia) if relating to contract between stock broker Rupees fifty]

Explanation II: For the purpose of sub-clause

(a) for or relating to the purchase or sale of

(b) made in the form of tenders to the Central

deeds, 27[pawn or pledge], that is to say, any

(1) the deposit of title deeds or instruments

28[If such loan or debt is repayable on demand

Exemption: Instruments of pawn or pledge of Provided that where a fresh

7. Appointment in execution of a power, whether 40[One thousand rupees]

(b) in any other case 41[One hundred rupees]

(a) Appraisement or valuation made for the

(b) Appraisement of crops for the purpose of

9. Apprenticeship deed, including every writing 195[rupees one hundred]

Authority to Adopt: See Adoption deed (No. 3)].

45[186[11. Award.- that is to say, any decision in

(b) If the property, which is the subject matter

See Administration bond (No. 2), Bottomry bond

Exemption: Bond, when executed by any person

(a) Cancellation of any instrument previously 48[same duty as on the original

(b) Cancellation of any instrument executed by one hundred rupees

(c) in any other case one hundred rupees

Explanation.- If the original instrument has been

15. Certificate of sale - (in respect of each

(c) in any other case The same duty as a

See also Letter of allotment, of shares (No. 31)

Explanation: For the purpose of this article, the

17. Certificate of enrolment, in the roll of 51[Five hundred rupees]

19. Composition deed, that is to say, any 197[Two Hundred rupees]

*54[20.(1) For conveyance, as defined by clause 176[five percent of the value]

58[Provided further that in any

(a) 'Premises' means and includes undivided

Provided that in any case where

70[(4) If relating to an order made by the High

Court 225[or appropriate Tribunals or

(i) Amalgamation of Companies, including a 213[Three per cent] on the

An amount equal to 160[One

-which ever is higher.

(ii) Reconstruction or Demerger of a company 214[Three per cent] on the

An amount equal to 160[one

162[Explanation:- The term,

75[Exemption. -Amalgamation of sick

198[(5) Conveyance relating to industrial

(6) If relating to assignment of receivables by One rupee for every one

78[(7) Conveyance relating to Transferable 216[Three per cent] on the

(ii) in any other case Ten, rupees