INDIAN STAMP (MEGHALAYA AMENDMENT) ACT, 1973

Act No. 15 of 1973

30th June, 1973

An Act Further to amend the Indian Stamp Act, 1899 (Act II of 1899), in its application to Meghalaya. Be it enacted by the Legislature of Meghalaya in the Twenty-fourth Year of the Republic of India as follows:-

S.1 Short title, extent and commencement

(1) This Act may be called the Indian Stamp (Meghalaya Amendment) Act, 1973.

(2) It shall be deemed to the have come into force on the 1st day of April, 1973.

S.2 Insertion of a new section in Certain Act II of 1899

After section 3 of the Indian Stamp Act, 1899 the following shall be inserted as section 3A, namely:-

3A. "Surcharge on Stamp Duty.--

• (1) There shall be charged, levied and paid to the Government of Meghalaya, besides due payable under any law for the time being in force including section 3 of this Act, a Surcharge, hereinafter referred to as Stamp Surcharge on the instruments mentioned in the following items of Schedule I to this Act, namely:- Item Nos. 1-10,12,15-20,22-26,28,29,31-36,38-46,48,50,51,54-61 and 63-65; Provided that, the surcharge shall not be payable in respect of instruments, exempted by section 3.
• (2) The rate of Tamps Surcharge shall be twenty-five paise per instrument.
• (3) The Stamp Surcharge, shall be payable as if it were a duty under section 3 and the provisions of this Act, including the rules thereunder shall accordingly apply; and the authorities for the time being empowered to collect and enforce payment of stamp duty