Matching Fragments
(b) except for the purposes of such prosecution no declaration made
under this section shall affect the validity of any order admitting any
instrument in evidence or of any certificate granted under section 41.”
(k) Item No. 63 of Schedule I of the Maharashtra Stamp Act, 1958
provides that :
Description of instruments Proper Stamp Duty
63 WORKS CONTRACT, that is to say, a
contract for works and labour or services
involving transfer of property in goods
(whether as goods or in some other form) in
its execution and includes a sub-contract,-
(a) where the amount or value set forth in Five hundred rupees
such contract does not exceed rupees ten
lakh.
(b) where it exceeds rupees ten lakh. Five hundred rupees plus
0.1 per cent. of the amount
above rupees ten lakh
subject to maximum of
rupees twenty-five lakhs
5.4 The Stamp Act is a fiscal measure enacted to secure the revenue of
