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Description of instrument Proper stamp duty

23. Conveyance - as defined by Section 2(10) not being a Transfer charged or exempted under No. 62 -

(a) . . . . . . . .

(b) If relating to moveable property -

[See item 136 Appendix II] where the amount or value of the consideration of such Twenty rupees conveyance, as set forth therein, does not exceed Rs.1000 and for every Rs.1000 or part thereof in excess of Twenty rupees Rs.1,000 Exemption Assignment of a copy-right for musical works by resident of or first published in India Explanation :