Stamp Duty in Maharashtra: Get detailed knowledge on Maharashtra Stamp Act,Stamp duty registration charges in Maharashtra 2021 and how to calculate stamp duty. The two leading decisions on this definition are those of the Supreme Court in the case of. 1-5-1994, the stamp papers must be in the name of one of the parties to the transaction. 5,00,000; 0.1% of the amount secured by such deed subject to the minimum of Rs. STAMPS TO BE USED -- Non-Judicial Stamp Paper under Rule 6 or Special Adhesive Stamp affixed by Proper Officer under Rule 11. --For the purpose of this article more persons than one when belonging to the same firm shall be deemed to be one person. After announcing a stamp duty in Maharashtra rate cut in August 2020, the Maharashtra government decided not to extend waiver on Stamp duty and registration charges in Maharashtra beyond March 31, 2021. This implies that stamp duty is also payable on contracts entered in electronic form if such instrument is listed . STAMPS TO BE USED -- Non - Judicial Stamp Paper Rule 6 or Impressed Label/Special Adhesive Stamp Paper Rule 11. The Central Government through the Finance Act, 2019 ('Finance Act') has introduced various amendments to the Indian Stamp Act, 1899 ('Stamp Act'). INSPECTORSHIP DEED, see Composition Deed (Article 24). 4 0 obj Finance Department (FD), Government of Maharashtra, has decided to receive payments electronically. // -->