1.
SCHEDULE 1STAMP-DUTY ON INSTRUMENTS
(See SECTION 3)
Description of Instrument
ACKNOWLEDGEMENT( -"' }~I}I ) of adebt exceeding twenty rupees in amount or
value, written or signed by, or on behalf of, a
debtor in order to supply evidence of such debt
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.
provided that such acknowledgement does not
contain any promise to pay the debt or any
stipulation to pay interest or to deliver any
goods or other property-
(a) Where such amount does not exceed
Rs. 2. 000/-
(h) Where such amount exceeds Rs. 2,000
but does not exceed Rs. 10,000;
(c) Where such amount exceeds Rs. lO,OOO:
ADIVflNISTRATION BOND ( f;(I.."'rI ...c:-')including a bond given under section 291, J7j
and 376 of the succession Act, InS, xxxix ~lr1')25. section 6 of the Government Savings
Banks Act, 1873 (V of 1873) - -
(a) Where the amount does not exceed
Rs. 1,000;
(hi ill any other case
.,
.1.
any instrument (other than a will) recording an
adoption or conferring or purporting to confer
an authority t.: adopt.
ADVOCATE, SEE E1'ITRY AS AtJ).--tct....;) (inrespect of each property put up as a separate
lot and sold) granted to he purchaser of any
property sold by public auction by a Civil' or
Revenue Court, or Collector or other Revenue
Officer.
19. CERTIFICATE OR OTHER DOCUMENT
( Act"";(:oI?JL ) evidencing the right or
title of the holder thereof of any other person,
either to any shares, scrip or stock in or of any
incorporated company or other body corporate,
or to become proprietor of shares, scrip or
stock in or of any such company of body.
20.
See also LETTER OF ALLOTMENT OF
SHARES (No.36).
CHARTER PARTY, ( J./V./~)that is to sayany instrument (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 charterer, whether
it includes a penalty clause or not.
21.
22.* **COMPOSITION DEED, (,..t..p';,..tJ'J./, ...J" )that is to say, any 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 debtor's
business under the supervision of Inspector or
under letters of license for the benefit of his
creditors.
22-A CONTRACT,(e-t\r) that is to a any instrument
of the nature of memorandum of agreement
made or entered in to by a contractor with
Government, Corporation, Local Body, Local
Authority, agency or organization set up or
controlled by the Federal or the Provincial
Proper Stamp Duty
Two Percent of the consideration equal to the
amount of the purchase money.
Five rupees
Ten rupees.
One hundred rupees.
8Description of InstrumentGovernment.
(a) to execute any work
(i) Where the amount of the contract
does not exceed Rs. 50,000;
(ii) Where it exceeds Rs. 50,000 but
does not exceed Rs. 5 lac;
(iii) Where it exceeds Rs. 5 lac but does
not exceed Rs. 15 lac;
(iv) Where it exceeds Rs. 15 lac but does
not exceed Rs. 25 lac;
(v) Where it exceeds Rs. 25 lac;
(b) to procure stores and materials.
23. CONVEYANCE, (..W) as defined by section
2 (10) not being a TRANSFER charged or
exempted under No. 62.
(a) In the case of agricultural land;
(b) In the case of immovable property in
an urban area;
(c) In any other case.
EXPLANATION 1. for the purposes of sub-
article (b) -
(i) "Urban area" shall mean.
an area specified by Government
under section 3 of the Punjab
Urban Immovable Property Tax
Act, 1958, and
(ii) any built up area including land
situated within or adjoining
such area, specified by
notification by the Government
to be an urban area for the
purpose of this clause.
(iii) For the purpose of sub-clause
(ii), "built up area" shall mean
and which is occupied as site of
a building or enclosure and is
Proper Stamp Duty
One hundred rupees.
Two hundred rupees
Five hundred rupees
Seven hundred and fifty rupees
One thousand rupees
Twenty five paisa for every Rs. 100 or par
thereof of the amount of the contract.
Two Percent of the value of land.
Two Percent of the value of the property.
Two percent of the value of the property."
9Description of Instrument
not used for agricultural purposes or a
purpose sub-servant to agriculture.
(iv) duty chargeable in respect of .
instrument relating to property
in an urban area specified by the
Government under sub-clause
(i) shall be effective from the
date such area is specified as
urban area.
EXPLANATION II. Any reference in
Schedule r to Article 23 shall mean a referenceto sub articles (a) and (c) only.
EXEMPTIONAssignment of copyright by entry made under
the Copy Right Act, 1914, Section 5.
CO-PARTNERSHIP DEED See
PAR1NERSHIP (N0.46) ..
24. COPY OR EXTRACT tf'lP I ~ cY )certified to be a true copy of extract by or by
order of any public officer and not chargeable
under the law for the time being in' force
relating to court fees.i. If the original was not chargeable
with a duty or if the duty with which
it was chargeable does not exceed
four rupees.
In any other case.ii.
EXEMPTIONa) 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 birth, baptisms, naming,
dedications, marriages (divorces)
deaths or burials.
25. COUNTERPART OR DUPLICATE
J'~'v-JLfJkif) of any instrument
Proper Stamp Duty
Two rupees.
Ten rupees.
10
Description of Instrument
chargeable with duty and in respect of which
the proper duty has been paid.
a) If the duty with which the original
instrument is chargeable does not
exceed five rupees.
b) in any other case.
EXEMPTION
Counterpart of any lese granted to a cultivator
when such lease is exempted from duty.
a) Where the amount does not exceed
Rs. 1,000;
b) In any other case.
27. DEBENTURE OR PARTICIPATION TERM
CERTIFICATE (...lA..:J1i ) (whether a
mortgage debenture or not) being a marketable
security transferable.
a) By endorsement or by separate
instrument of trans fey
b) By delivery
for every rupees five hundred or part
thereof of the face value of the debenture
or participation term certificate.
EXPLANATION-I, The term "Debenture"
including any interest coupins attached thereto,
but the amount of such coupins shall not be
included in estimating the duty.
Proper Stamp Duty
The same duty as is leviable on the original.
Ten rupees
The same duty as on a Bond (No. IS) for such
amount.
One hundred rupees.
The same duty as on a (Bond No.IS) for the
same amount.
Eighteen rupees
11
Description of Instrument
EXPLANA nON-II. Participation Term Certificate
means an instrument or certificate of a specified
denomination called the face value or nominal value,
issued by a company for raising capital, the holder
whereof participates in the profit and loss of the
company over such period to such extent and on
such conditions as may be specified at the time of its
issue.
EXEMPTION
A debenture or participation tenn certificate issued
by an incorporated company or other body
corroborated in terms of a registered mortgage-deed,
duly stamped in respect of the full amount of
debentures or participation term certificate, as the
case may be, to be issued there under, whereby the
company or body borrowing makes over, in whole or
in part, their property to trustees for the benefit of the
debenture or participation term certificate holders;
provided that the debentures or participation term
certificate so issued are expressed to be issued in
terms of the said mortgage deed.
See also BOND (No. IS), and SECTION 8 and 55.
DECLARATION OF ANY TRUST see TRUST
(No.64)
28. DELIVERY-ORDER IN RESPECT OF GOODS,( J~Jir( ) that is to say, anyinstrument entitling any person therein named, or his
assigns, or the holder thereof, to the delivery of any
goods lying in any dock or port, or in any ware-
house in which goods are stored or deposited on rent
or hire, or upon any wharf, instrument being signed
by or on behalf of the owner of such goods upon the
sale or transfer of the property therein, when such
goods exceed in value twenty rupees.
Proper Stamp Duty
Five rupees.
12
Description of Instrument
DEPOSIT OF TITLE DEED, SEE
AGREEMENT RELATING TO DEPOSIT OF
TITLE DEEDS PAWNOR PLEDGE (NO.6)
DISSOLUTION OF PARTNERSHIP, SEE
PARTNERSHIP (No.46)
29. DIVORCE- (JI.lb) Instrument of, that is to say
any instrument by which any person effects the
dissolution of this marriage.
DOWER-Instrument of. See SETTLEMENT
(No.58).
Duplicate, See (Counterpart (No.25).
30. Entry As:- A = Advocate:. B = Pleader: / J
( jPIJJ)el~d,~I--0)}!v= y.)L ..~..jJ~() )31. EXCHANGE OF PROPERTY:-( Jlii.:'.JJ\(
Instrument of:-
a) When executed in respect of
agricultural land,
b) When executed 10 respect of
immovable property in an urban area
as defined in No.23;
c) In any other case
EXTRACT. See COPY (No.4)
32. FURTHER CHARGE- (,;.71~Iy'/"\?J )instrument of, that is to say, any instrumentimposing a further charge on mortgagedproperty-
(a) When the original mortgage is one ofthe description referred to in clause(a) of Article No. 40 (that is, withpossession);
Proper Stamp Duty
Thirty rupees.
Five hundred rupeesTwenty Five rupees
Two Percent of the value of property
Two Percent of the value ofthe property
Two Percent of the value ofthe property
The same duty as on a Conveyance (No.23)for a consideration equal to the amount of thefurther charge secured by such instrument.
13
Description of Instrument
(b) When such mortgage is one of thedescription referred to in clause (b)of Article NoAO (that is , withoutpossession).
(i) If at the time of execution of theinstrument of further chargepossession of the Property isgiven or agreed to be givenunder such instrument;
(ii) if possession is not so given.
33. GIFT: (A--;1 ) Instrument of, including aMemorandum of oral gift of immovableproperty, not being a SETILEMENT (No.58)Or Will Or Transfer (No.62)-
( ,. a) When executed in respect of
agricultural land in rural areas;
b) When executed in respect ofimmovable property oragricultural land in an urbanarea as defined underExplanation-l in Article 23;
c) Other Property
d) When executed infavour oflegal hair, or blood relation, inrespects of all kind, of land andproperty.
Proper Stamp Duty
The same duty as on a Conveyance (No.23)for a consideration equal to the total amount ofthe charge (including the original mortgageand any further charge already made) less theduty already paid on such original mortgageand further charge.
The same duty as on a Bond (No.IS) for theamount f the further charge secured by suchinstrument.
Two Percent of the value of the land as setforth in such instrument.
Two percent of the value of the property orland as notified by the District Collector.
Two Percent of the value ofthe property.
Two Percent of the value of the land as setforth in such instrument.r"
14
Description of Instrument
34. INDEMNITY BOND. ( (,;.M....D"
INSPECTORSHIP-DEED
See Composition Deed (No.22)InsuranceSee Policy ofInsurance (No.47)
35 LEASE, (-; ) including an under-lease orsub-lease and any agreement to let or sub-let.
(a) Where by such lease the rent is fixedand no premium is paid or delivered.
(i) Where the lease purports to befor a term of less than one year;
(ii) Where the lease purports to befor a term of not less than oneyear but not more than threeyears;
(iii) Where the lease purports to befor a term in excess of threeyears, but not more than twentyyears;
(iv) Where the lease purports to befor a term in excess of twentyyears or in perpetuity;
(v) Where the lease does notpurport to be for any definiteterm;
(b) (i) Where the lease is granted formoney advanced and where norent is reserved;
(ii) Where the lease is granted for afine or premium and where norent is reserved;
(c) (i) Where the lease is granted formoney advanced in addition toand where no rent reserved;
(ii) Where the lease is granted for afine or premium in addition to
Proper Stamp Duty
The same duty as on a Security Bond (No.57)for the same amount.
Two Percent of or the whole amount payableor deliverable under such lease.
Two Percent of the amount or value of theaverage annual rent reserved.
Two Percent of the consideration equal to theamount or value of the average annual rentreserved.
Two Percent of the consideration equal to thewhole amount of rents which would be paid ordelivered in respect of the first ten years of thelease.
Two Percent of the consideration equal to theamount or value of the average annual rentwhich would be paid or delivered for the firstten years, if the lease continued so long.
Two Percent of the consideration equal to theamount of such advance as set forth in thelease.
Two Percent of the consideration equal to theamount of such fine or premium as set forth inthe lease.
Two Percent of the consideration equal to theamount of advance as set forth in the lease inaddition to the duty which would have beenpayable on such lease, if no advance had beenpaid or delivered; provided that, in any casewhen an agreement to leases is stamped withthe advalorem stamp required for a lease and alease in pursuance of such agreement issubsequently of executed, the duty on suchlease shall not exceed one hundred rupees.
Two Percent of the consideration equal to theamount of such fine or premium as set forth in
15
Description of Instrument
rent reserved.
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 of
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.
36. LETTER OF ALLOTMENT OF SHARES
) in any 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.l9)
37. LETTER OR CREDIT, ( (A.lPI~J).-.p....;.I)
that is to say any instrument by which one
person authorizes another to give credit to the
person in whose favour it is drawn.
LETTER OF GUARANTEE, See
AGREEMENT (No.5)
38. LETTER OF LICENCE, ( )that
is to say, any agreement between a debtor and
his creditors that the latter shall, for a specified
time suspend their claims and allow the debtor
to carry on business at his own discretion.
39. * *40. MORTGAGE-DEED (A(,{
16
Description of Instrument
(a)SECURITY BOND (NO.57).When possession of the property or any part ofthe property comprised in such deed is givenby the mortgagor or agreed to be given;
(b) When possession is not given or agreed to hegiven as aforesaid.
EXPLANATION. A mortgagor who gives tothe mortgage a power of attorney to collectrents or a lease of the property mortgaged orpart thereof is deemed to give possessionwithin the meaning of this article.
(c) When a Collateral or auxiliary or additional orsubstituted security, or by way of furtherassurance for the above-mentioned purposeswhere the principal or primary security is dulystamped-
tor every sum secured not exceeding Rs.1,000;
and for every Rs. 1,000 or part thereof securedin excess ofRs. 1,000.
EXEMPTION
1. Instruments, executed by personstaking advances under the LandImprovement Loans Act, 1883, orthe West Pakistan AgriculturistsLoans Act, 1958, or by their suretiesas security for the repayment of suchadvances.
2. Letter of hypothecationaccompanying a Bill of Exchange.
41. MORTGAGE OF A CROP,( v"'.Ib"~including any instrument evidencing anagreement to secure the repayment of a loanmade upon any mortgage of a crop, whetherthe crop is or is not in existence at the time ofmortgage.
a) When the loan is repayable not more than threemonths from the date of the instrument, forevery two hundred rupees or part thereof of thesum secured;
b) When the loan is repayable more than threemonths, but not more than eighteen monthsfrom the date of the instrument, for every onehundred rupees or part thereof of the sumsecured.
42. NOTARIAL ACT, ( (~J~J) that is to say,any instrument, endorsement, not attestation,certificate or entry not being a Protest (No.50)made or signed by a Notary Public in theexecution of the duties of his office, or by anyother person lawfully acting as a Noraty
Proper Stamp Duty
Two Percent of the consideration equal to theamount secured by such deed.
Two Percent of the amount secured by suchdeed.
Ten rupees
Ten rupees
One rupee.
Two rupees.
Five rupees
Binder1.pdfscan0001.pdfscan0002scan0003
scan0001scan0002scan0003scan0004