Use of adhesive stamps

Section 11 of the Indian Stamp Act, 1899 deals with use of adhesive stamps. The following instruments may be stamped with adhesive stamps, namely:-- (a) instruments chargeable [with a duty not exceeding ten naye paise], except parts of bills of exchange payable otherwise than on demand and drawn in sets; The Act came into force on 01 Jul 1899.

The following instruments may be stamped with adhesive stamps, namely:--

(a) instruments chargeable ¹[with a duty not exceeding ten naye paise], except parts of bills of exchange payable otherwise than on demand and drawn in sets;

(b) bills of exchange, ²*** and promissory notes drawn or made out of ³[India];

(c) entry as an advocate, vakil or attorney on the roll of a High Court;

(d) notarial acts; and

(e) transfers by endorsement of shares in any incorporated company or other body corporate.

STATE AMENDMENT

Uttar Pradesh

Amendment of section 11.--In section 11 of the principal Act, in clause (c), after the words "State Bar Council of Uttar Pradesh " the words and certificates of enrolment issued to Revenue Agents or Mukhtars" shall be inserted.

[Vide Uttar Pradesh Act 19 of 1982, s. 3]

Insertion of section 11-A.— After section 11 of the principal Act, the following section shall be inserted, namely :—.

“11-A. Payment of duty in cash on such memos.—

(1) Notwithstanding anything contained in section 11, the stamp duty due under Article 25-A of Schedule I-B on a counterpart or duplicate (including counterfoil or carbon copy) of a bill or cash memo may be paid either by means of stamps on the date of issue of such instruments, or in cash once in every quarter, for all such instruments issued in the previous quarter, into the treasury or sub-treasury under such head as the State Government may by general or special order direct.

(2) The treasury challan prepared for deposit of duty in cash shall be accompanied by such statement and shall be preserved for the purpose of verification for such period and proper account thereof shall be maintained in such form as the State Government may by general or special order direct.” [Vide Uttar Pradesh Act 49 of 1975, s. 4].

Amendment of section 11.—In section 11 of the principal Act, in clause (c), after the words “State Bar Council of Uttar Pradesh” the words “and certificate of enrolment issued to Revenue Agents or Mukhtars” shall be inserted.

[Vide Uttar Pradesh Act 19 of 1981, s. 3].

Section 11, The Indian Stamp Act, 1899 (Act 2 of 1899).