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(2) On receipt of a reference under Sub-Section (1), the Collector shall, after giving one month's time to the parties for making their representation and after holding an enquiry determine the market value of the property which is the subject-matter of such instrument and the duty as aforesaid. The difference, if any, in the amount of duty, shall be payable by the person liable to pay the duty:
Provided that no such person shall be required to pay any amount to make up the difference if the difference between the consideration of the market value as set forth in the instrument and the market value determined by the Collector does not exceed 10 percent of the market value so determined.
(9)(1) Instruments in which the value set-forth is less than the estimated minimum value indicated in the Guidelines Register supplied by the District Sub-Registrar shall be referred by the Registering Officer to the Collector at the time of admission for determination of appropriate market value as per procedure laid down under Rules 11 and 12.
(2) The registering officer shall refer such instruments to the Collector along with Form I referred to in the appendix of the rules and maintain a copy of the form in his office as record and shall also maintain a register in Form VI.
(10)(1) If the value set forth in the instrument is according to the estimated minimum value indicated in the Guidelines Register supplied by the District Sub-Registrar but the registering officer has reason to believe that the market value is higher than the estimated minimum value he shall refer such instruments to the Collector at the time of admission after recording his reasons in writing for fixation of appropriate market value as per procedure laid down in Rules 10 and 12, (2) The registering officer shall refer such instruments to the Collector along with Form I referred to in the appendix of the rules and maintain a copy of the same in his office as a record.
(2) A copy of the order shall be communicated to the registering officer for his record.

Sub-Rule (4) of Rule 12 also provides as to what are the other factors to be taken into account by the Collector for arriving at the market value of the property. Rules 13 to 16 provide for appeals against the order of the Collector and the procedure for disposal of appeals."

15. From perusal of the different provisions of the aforementioned Rules of 1995, it appears to me that while framing the rules proper care has been taken to carry out object of Section 47-A of the Act. Rule 5 provides the manner of preparation of Guideline Register of minimum value. Under this rule, the District Sub-Registrar shall prepare a register of land of rural and urban area showing the minimum value of the land and properties. Rule 6 lays down the procedure for fixing estimated value. For this purpose the Sub-Registrar of the concerned registering office shall obtain five conveyance of highest value of each category of land/property situated within each Halka of every revenue circle and the average value of conveyance of five highest value shall be deemed to be the estimated value of land/property of that category. Under the explanation of Rule 6 it is made clear that the Guideline Register shall be prepared merely for the purpose of ascertaining the prima facie correctness of the market value of the land/ property set forth in the instrument. Rule 9 provides that if the Instrument in which the value set forth is less than the estimated minimum value indicated in the Guideline Register then the matter shall be referred to the Collector for the determination of the appropriate market value as per the procedure laid down under Rules 11 and 12. Similarly, under Rule 10 if the value set forth in the instrument is according to the estimated value indicated in the guideline register but the Registering Officer has reason to believe that the market value is higher than the estimated minimum value he shall refer such instrument to the Collector at the time of admission after recording his reason in writing for fixation of appropriate market value. Rule 11 lays down the procedure to be followed in a case when the matter comes to the Collector under the provisions of Sub-Sections (1) and (3) of Section 47-A of the Act. Rule 12 provides the procedure for determination of market value and under this Rule the Collector shall pass final order determining the market value of the property and the duty payable under the instrument.