Section 57 in The Orissa Self-Help Co-operatives Act, 2001
57. Exemption from certain taxes, duties and fees.
(1)The Government may, by notification in the official Gazette, exempt or remit in respect of any Co-operative, or class of Co-operatives -(a)the stamp duty chargeable under any law for the time being in force in respect of any class of instruments executed by or on behalf of a Co-operative or by an officer or member thereof and relating to the business of such Co-operative or in respect of any award or order made under this Act, in cases where, but for such remission the Co-operative(s), its officer or member, as the case may be, would be liable to pay such stamp duty; or(b)any fee payable under any law for the time being in force relating to the registration of documents or Court-fees :Provided that nothing in Clause (a) shall apply in respect of bills of exchange, cheques, promissory notes, bills of lending, letters of credit, policy of insurance, transfer of shares, debentures, proxies and receipts.(2)The Government may, by notification, exempt any class of Cooperatives from taxes on -(a)agricultural income;(b)sale or purchase of goods; or(c)professions, trades, calling and employment.
