Securities dealt in depository not liable to stamp-duty
Section 8A of the Indian Stamp Act, 1899 deals with securities dealt in depository not liable to stamp-duty. Notwithstanding anything contained in this Act or any other law for the time being in force,--- (a) an issuer, by the issue of securities to one or more depositories, shall, in respect of such issue, be chargeable with duty on the total amount of securities issued by it and such securities need not The Act came into force on 01 Jul 1899.
1[8A. Securities dealt in depository not liable to stamp duty.---Notwithstanding anything contained in this Act or any other law for the time being in force,---
(a) an issuer, by the issue of securities to one or more depositories, shall, in respect of such issue, be chargeable with duty on the total amount of securities issued by it and such securities need not be stamped;
(b) the transfer of registered ownership of securities from a person to a depository or from a depository to a beneficial owner shall not be liable to duty;
Explanation.---For the purposes of this section, the expression "beneficial ownership" shall have the same meaning as assigned to it in clause (a) of sub-section (1) of section 2 of the Depositories Act, 1996 (22 of 1996)]
Section 8A, The Indian Stamp Act, 1899 (Act 2 of 1899).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Made under this section, and citing it
1 instrument names this provision in its title or its text without being made under it.
Questions about Section 8A
What does Section 8A of the Indian Stamp Act deal with?
Section 8A of the Indian Stamp Act is headed "Securities dealt in depository not liable to stamp-duty". [8A. Securities dealt in depository not liable to stamp duty.---Notwithstanding anything contained in this Act or any other law for the time being in force,--- (a) an issuer, by the issue of securities to one or more depositories, shall, in respect of such issue, be chargeable with duty on the total
How do I find court cases under Section 8A of the Indian Stamp Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Stamp Act 8A, section 8A Stamp Act, section 8A of the Indian Stamp Act. People searching for it also type section 8a of indian stamp act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 8A of the Indian Stamp Act, and has it changed?
Its own text turns on Depositories Act 2 (Definitions), so none of them can safely be read on its own. One instrument names it without being made under it, most recently Amendments to the Indian Stamp Act, 1899 (2019).
When did Section 8A of the Indian Stamp Act come into force?
Section 8A of the Indian Stamp Act, cited as Stamp Act 8A, came into force on 01 Jul 1899, having been enacted on 27 Jan 1899. It is in force as at the date shown on this page.
Other sections of this Act
- 47. Power of payer to stamp bills, and promissory notes received by him unstamped4923 words
- 2. Definitions3110 words
- 3. Instruments chargeable with duty1916 words
- 10. Duties how to be paid1187 words
- 28. Direction as to duty in case of certain conveyances961 words
- 73. Books, etc., to be open to inspection932 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 17 Oct 2026. This page is not a substitute for legal advice.