MAHARASHTRA STAMP ACT

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S.1 Short title, extent and commencement

S.2 Definitions

S.3 Instrument chargeable with duty

S.4 Several Instruments used in single transaction of development agreement sale, mortgage or settlement

S.5 Instruments relating to several distinct matters

S.6 Instruments coming within several descriptions in Schedule I

S.7 Payment of higher duty in respect of certain instruments

S.8 Bonds or securities other than debentures issued on loans under Act IX of 1914 or other law

S.9 Power to reduce, remit or compound duties

S.10 Duties how to be paid

S.10(a) Duties to be paid in cash, by demand draft or by pay by order by Government controlled bodies, Insurance Companies and Banks

S.10(b) Stock exchange etc., to deduct stamp duty from trading member's account

S.10(c) Duties to be paid in cash, or by demand draft or by pay order by notary

S.10(d) Certain departments organisations institutions etc., to ensure payment of stamp duty

S.11 Use of adhesive stamps

S.12 Cancellation of adhesive stamps

S.13 Instruments stamped with impressed stamps how to be written

S.14 Only one instrument to be on same stamp

S.14(a) Alterations in instruments how to be charged

S.15 Instrument written contrary to sections 13, 14 or 14A deemed not duly stamped

S.16 Denoting Duty

S.17 Instruments executed in State

S.18 Instruments executed out of State

S.19 Payment of duty on certain instruments [or copies thereof] liable to increased duty in [Maharashtra State]

S.20 Conversion of amount expressed in foreign currencies

S.21 Stock and marketable securities how to be valued

S.22 Effect of statement of rate of exchange or average price

S.23 Instruments reserving interest

S.24 Certain instruments connected with mortgages of marketable securities to be chargeable as agreements

S.25 How transfers in consideration of debt or subject to future payments, etc. to be charged

S.26 Valuation in case of annuity, etc.

S.27 Stamp where value of subject-matter is indeterminate

S.28 Facts affecting duty to be set forth in instrument

S.29 Direction as to duty in case of certain conveyances

S.30 (E)-Duty by whom payable

S.30(a) Duties payable by financial institution

S.31 Adjudication as to proper stamps

S.32 Certificate by Collector

S.32(a) Instrument of conveyance, etc. undervalued how to be dealt with

S.32(b) Appeal

S.32(c) Revision

S.33 Examination and impounding of instruments

S.33(a) Impounding of instruments after registration

S.34 Instruments not duly stamped inadmissible in evidence, etc.

S.35 Admission of instrument where not to be questioned

S.36 Admission of improperly stamped instruments

S.37 Instruments impounded how dealt with

S.38 [Omitted]

S.39 Collectors' power to stamp instruments impounded

S.40 Instruments unduly stamped by accident

S.41 Endorsement of instruments on which duty has been paid under section 34, 39 or 40

S.42 Prosecution for offence against stamp law

S.43 Persons paying duty or penalty may recover same in certain cases

S.44 Power of Revenue Authority to refund penalty or excess duty in certain cases

S.45 Non-liability for loss of instruments sent under section 37

S.46 Recovery of duties and penalties

S.47 Allowance for spoiled stamps

S.48 Application for relief under section 47 when to be made

S.49 Allowance in case of printed forms no longer required by corporations

S.50 Allowance for misused stamps

S.51 Allowance for spoiled or misused stamps how to be made

S.52 Allowance for stamps not required for use

S.52(a) Allowance for duty

S.52(b) Invalidation of stamps and saving

S.53 Control of and statement of case to Chief Controlling Revenue Authority

S.53(a) Revision of Collector's decision under sections 32, 39 and 41

S.54 Statement of case by Chief Controlling Revenue Authority to high Court

S.55 Power of High Court to call for further particulars as to case stated

S.56 Procedure in disposing of case stated

S.57 Statement of case by other Courts to High Court

S.58 Revision of certain decisions of Courts regarding the sufficiency of stamps

S.59 Penalty for executing etc. instrument not duly stamped

S.59(a) No prosecution under section 59, if instrument admitted by Court

S.60 Penalty for making false declaration on clearance list

S.61 Penalty for failure to cancel adhesive stamp

S.62 Penalty for omission to comply with provisions of section 28

S.63 Penalty for breach of rule relating to sale of stamps and for unauthorised sale

S.63(a) Non-remittance of stamp duty within prescribed time to be offence

S.64 Institution and conduct of prosecutions

S.65 Deleted