Karnataka Stamp Act, 1957 Schedule

KARNATAKA STAMP ACT, 1957 15/09/20, 1:20 PM
in force in the Bombay Area, Coorg District and the Madras Area, in so far as it relates to the
matter specified in entry 44 of List III of the Seventh Schedule to the Constitution, in respect of
documents falling under entry 63 of List II of the said Schedule, is hereby repealed:
Provided that such repeal shall not affect.--
(a) the previous operation of the said enactments or anything duly done of
suffered thereunder;
(b) any right, privilege, obligation or liability acquired, accrued or incurred under
the said enactments;
(c) any penalty, forfeiture or punishment incurred in respect of any offence

committed against the said enactments; or
(d) any investigation, legal proceeding or remedy in respect of any such right,
privilege, obligation, liability, forfeiture or punishment as aforesaid and any such
investigation, legal proceeding or remedy may be instituted, continued or
enforced and any such penalty, forfeiture or punishment may be imposed as if
this Act had not been passed.
Schedule - STAMP-DUTY ON INSTRUMENTS
1[ SCHEDULE STAMP DUTY ON INSTRUMENTS
Art No. Description of Proper Stamp Duty

Instrument
1 2 3
2[1. Acknowledgement of,-
(i) a debt written or signed by or on behalf

of, a debtor in order to supply evidence of
such debit in any book (other than a
Banker's pass book) or on a separate piece
of paper when such book or paper is left in
the creditor's possession and the amount or
value of such debt,-
(a) exceeds Rs. 100 but does not exceed Rs. 4[Two rupees]
http://www.manupatrafast.in/ba/fulldisp.aspx?iactid=3266&snos=100# Page 3 of 85
3[5,000]
(b) 5[When exceeds Rs. 5,000/- Two rupees plus rupees two for
every thousand or part
thereof] 6[subject to a
maximum of rupees one
thousand]
(ii) a letter, article, document, parcel, One rupee for every one
package or consignment, of any nature or hundred rupees or part thereof
description whatsoever or by whatever of the amount charged
name called, given by a person, courier therefore]
company, firm, or body of persons whether
incorporated or unincorporated to the
sender of such letter, article, document,
parcel, package or consignment
2. Administration bond, including a bond

given under Section 6 of the Government
Savings Banks Act, 1873 (Central Act V of
1873) or Section 289, 291, 375 or 376 of
the Indian Succession Act, 1925 (Central Act
XXXIX of 1925),-
(a) Where the amount does not exceed Rs. The same duty as Bond (No.
1,000 12) for such amount
(b) in any other case 7[One hundred rupees]
3. Adoption deed, that is to say, any 8[Five hundred rupees]
instrument (other than a Will), recording in

adoption, or conferring or purporting to
confer an authority to adopt
Advocate - See Certificate of enrolment as

an Advocate (No. 17)
4. Affidavit, including an affirmation or 9[Twenty rupees]
declaration in the case of persons by law

allowed to affirm or declare instead of
swearing
Exemptions: Affidavit or declaration in

writing when made, -
(a) as a condition of enlistment to the

Armed Forces of the Union;
(b) for the immediate purpose of being filed

or used in any Court or before the officer of
any Court; or
(c) for the sole purpose of enabling any

person to receive any pension or charitable
allowance
5. Agreement or 10[its records or]

memorandum of an agreement,-
2[(a) If relating to the sale of bill of One rupee for every rupees ten
exchange thousand or part thereof
(b) If relating to the purchase or sale of a One rupee for every rupees ten
Government security thousand or part thereof of the
value of the security at the
time of its purchase or sale, as
the case may be subject to a
maximum of rupees one
thousand
(c) If relating to the purchase or sale of

shares, scripts, stocks, bonds, debentures,
debenture stocks or any other marketable
security of a like nature in or of any
incorporated company or other body
corporate,-
(i) when such agreement or memorandum One rupee for every rupees ten
or an agreement is with or through a thousand or part of the value
member or between members of Stock of the security at the time of
Exchange recognised under the Security its purchase or sale, as the
Contracts (Regulation) Act, 1956 (XLII of case may be
1956)
(ii) in any other case One rupee for every rupees ten
thousand or part thereof of the

value of the security at the
time of its purchase or sale, as
the case may be]
11[(d)If relating to a transaction of lease- The same duty as a
cum-sale in connection with the allotment of conveyance (No. 20) for a
a building site, with or without building market value equal to the
thereon, effected by the Bangalore security deposit and the
Development Authority constituted under amount of average annual rent
the Bangalore Development Authority Act, reserved under such
1976 (Karnataka Act No. 12 of 1976), the agreement]
City Improvement Trust Board, Mysore

constituted under the City of Mysore
Improvement Act, 1903 (Mysore Act No. 3
of 1903), the Karnataka Housing Board
constituted under the Karnataka Housing
Board Act, 1962 (Karnataka Act No. 10 of
1963), the Improvement Boards constituted
under the Karnataka Improvement Boards
Act, 1976 (Karnataka Act No. 11 of 1976),
12[House Building Co-operative Societies
registered under the Karnataka Co-operative

Societies Act, 1959 (Karnataka Act No. 11 of
1959)], 13[or the allotment of industrial

sheds and plots by the Karnataka Industrial
Areas Development Board established under
the Karnataka Industrial Area Development
Act, 1966 (Karnataka Act No. 18 of 1966),
the Karnataka Small Scale Industrial
Development Corporation, the Karnataka
State Industrial Investment and
Development Corporation and the Karnataka
State Electronic Development Corporation,
Registered as a Company under the
Companies Act, 1956 (Central Act No. 1 of
1956), or the allotment of land or site with
or without building to the market
functionaries in the yard by the Agricultural

Produce Market Committees constituted
under the Karnataka Agricultural Produce
Marketing (Regulation) Act, 1966
(Karnataka Act No. 27 of 1966)]
14[Municipal Corporation constituted under
the Karnataka Municipal Corporation Act,

1976 (Karnataka Act No. 24 of 1978),
Municipal Councils or Town Panchayats
constituted under the Karnataka
Municipalities Act, 1964 (Karnataka Act No.
22 of 1964), Urban Development Authorities
constituted under the Karnataka Urban
Development Authorities Act, 1987
(Karnataka Act No. 34 of 1987), Gram
Panchayats, Taluk Panchayats and Jilla
Panchayats constituted under the Karnataka
Panchayat Raj Act, 1993 (Karnataka Act No.
14 of 1993)] and such other authorities as
may be specified by the Government
14[(da)Where any instrument of lease-cum- The duty payable shall be as a
sale effected by the Bangalore Development conveyance [No. 20(3)] for the
Authority constituted under the Bangalore market value equal to the
Development Authority Act, 1976 security deposit and the
(Karnataka Act No. 12 of 1976), the amount of average annual rent
Karnataka Housing Board constituted under reserved under such
the Karnataka Housing Board Act, 1962 agreement]
(Karnataka Act No. 10 of 1963) pertaining

to premises of a Flat or Apartments
15[2[(e)If relating to sale of immovable
property wherein part performance of the

contract,-
(i) possession of the property is delivered or The same duty as a
is agreed to be delivered 210[before] Conveyance (No. 20) on the
executing the conveyance market value of the property
16[Provided that, where a deed
of cancellation of earlier
agreement is executed by and
between the same parties in
respect of the same property
and if proper stamp duty has
been paid on such agreement,
then the duty on such 'deed of
cancellation' shall not exceed
rupees five hundred.]
156[(ii) possession of the property is not Ten paise for every one
delivered hundred rupees or part thereof

on the market value equal to
Explanation-I,- When a reference, of a
the amount of consideration
Power of Attorney granted separately by the
subject to a maximum of
seller to the purchaser in respect of the
rupees twenty thousand but
property which is the subject matter of such
not less than rupees five
agreement, is made in the agreement, then
hundred.
the possession of the property is deemed to
have been delivered for the purpose of this
clause.
Explanation-II,- For the purpose of clause 184[Provided that the duty paid
(e) and clause (h) where subsequently on power of attorney under

conveyance or mortgage as the case may Articles 41 (e) or 41 (eb), as
be, is executed between the same parties in the case may be, is adjustable
pursuance of such agreement or its records towards the duty payable on
or memorandum, the stamp duty, if any, agreement for sale under
already paid and recovered on the Article 5(e) or instrument of
agreement or its record or memorandum sale or transfer, as the case
shall be adjusted towards the total duty may be, executed between the
leviable on the conveyance or mortgage, as same parties and in respect of
the case may be the same property.]]
185[Act No. 19 of 2014 w.e.f 1-3-2014
171[185[(f) If relating to construction or Two Rupees for every one
development of immovable property, hundred rupees or part
including a multi unit or multi storied house thereof, on the Market Value of
or building or apartment of flat, or portion of such undivided share or
it, executed by and between owner or portion of land or immovable
lessee, as the case may be, and developer, property, consideration and
having a stipulation, whether express or money advanced, if any; or
implied, On the Market Value of such
that, in consideration of the owner or lessee share or portion of the
conveying or constructed or developed
transferring or disposing off, in any way, the building or immovable
undivided property, consideration and

money advanced, if any;
share or portion of land or immovable
Whichever is higher:
property; the
developer agrees to convey or transfer or Provided that, if the proper
dispose off, in any way, the proportionate or stamp duty is paid under
agreed share or portion of the constructed clause (ea) of the Article 41 on
or developed building or immovable power of Attorney, executed by
property to the owner or lessee, as the case and between the same parties
may be. and in respect of the same

property, then the stamp duty
payable on the corresponding
agreement under clause (f) or
article 5, shall not exceed
rupees two hundred.
Explanation: The term "Developer" includes Explanation: The term "money

promoter or builder or by whatever name advanced" in this Article,
called. means and includes the
security deposit whether
refundable or adjustable.]
208[(g) If relating to sale of movable
property
(i) possession of the property is delivered or 211[Three per cent] of the
is agreed to be delivered without executing consideration or market value

the conveyance of the property, whichever is
higher:
Provided that, where a deed of
cancellation of earlier
agreement is executed by and
between the same parties in
respect of the same property
and if proper stamp duty has
been paid on such agreement,
the duty on such "deed of
cancellation" shall not exceed
rupees five hundred.
*(ii) possession of the property is not Ten paise for every one
delivered hundred rupees or part thereof

on the market value equal to
the amount of consideration
rupees twenty thousand but
does not less than five
hundred.]
(h) If relating to the mortgage Same duty as under Article No.

34(a) or (b) as the case may
be
21[(i) if relating to contract between Rupees fifty
Depository Participant (as defined in "The

Depository Act, 1996") and client, for
opening de-mat account.
(ia) if relating to contract between stock Rupees fifty]

broker or sub broker (agent) and client
(principal), for Stock Market operations.
172[(ib) If relating to advertisement or One Rupee for every one
telecasting or broadcasting of programs for thousand rupees or part there
promotion and development of business of on the amount or

consideration in the
agreement, but not less than
Rupees two hundred.
(ic) If relating to assignment or transfer of One Rupee for every one

intellectual property rights (i.e., patent thousand rupees or part there
rights, copy rights or trade marks rights.) of on the amount or

consideration in the
agreement, but not less than
Rupees two hundred.
(id) If relating to building Works or labour or

services (works contracts)
(i) Where the amount or consideration in the Rupees one hundred

agreement does not exceed Rupees ten
lakhs
(ii) where the amount or consideration in Rupees One hundred and in

the agreement exceeds Rupees ten lakhs addition Rupees One hundred
for every Rupees ten lakhs or
part thereof in excess of
Rupees ten lakhs, subject to a
maximum of Rupees five
lakhs.]
212[(i-e) Chit Agreement, executed in the
State of Karnataka under Section 6 of the

Chit Funds Act, 1982.-
(i) where the value of the chit does not Rupees one hundred
exceed rupees one lakh
(ii) where the value of the chit exceeds Rupees one hundred plus
rupees one lakh rupees fifty for every rupees
one lakh or part thereof,
exceeding rupees one lakh.]
22[(j)] If not otherwise provided for 23[two hundred rupees]
24[Explanation I xxxxxxxxxx].
Explanation II: For the purpose of sub-
clause 25[(i) and (ii)] of clause (e) and

clause (h), where subsequently conveyance
or mortgage as the case may be, is
executed in pursuance of such agreement or
its records or memorandum the stamp duty,
if any, already paid and recovered on the

agreement or its record or memorandum
shall be adjusted towards the total duty
leviable on the conveyance or mortgage, as
the case may be.]
Exemptions: Agreement or Memorandum of

Agreement, -
(a) for or relating to the purchase or sale of

goods or merchandise exclusively, not being
a note or memorandum chargeable under
Article No. 37;
(b) made in the form of tenders to the

Central Government, for or relating to any
loan.
26[6. Agreement relating to deposit of title
deeds, 27[pawn or pledge], that is to say,

any instrument evidencing an agreement
relating to,-
(1) the deposit of title deeds or instruments

constituting or being evidence of the title to
any property whatever (other than a
marketable security), where such deposit,
has been made by way of security for the
repayment of money advanced or to be
advanced by way of loan or an existing or
future debt,-
28[If such loan or debt is repayable on
demand from the date of instrument

evidencing the agreement
(i) where the loan or debt amount docs not 0.1 per cent on the loan or
exceed rupees ten lakhs debt amount subject to a
(ii) where the loan or debt amount exceeds minimum of rupees five
rupees ten lakhs hundred.
0.2 per cent on the loan or

debt amount subject to a
maximum of rupees ten lakhs.]
29[Explanation.- For the
purpose of clause (1),

notwithstanding anything
contained 30[in any law for the

time being in force or], order
of any authority, any letters,
note, memorandum or writing
relating to the deposit of title
deeds whether written or made
either before or at the time
when or after the deposit of
title deeds is effected, and
whether it is in respect of the
security for the first loan or
any additional loan or loans
taken subsequently, such
letter, note, memorandum or
writing shall, in the absence of
any separate agreement or
memorandum of agreement
relating to deposit of such title
deeds, deemed to be an
instrument evidencing an
agreement relating to the
deposit of title deeds.]
209[173(2) the pawn or pledge of moveable
property, where such pawn or pledge has

been made by way of security for the
repayment of money advanced or to be
advanced by way of loan or an existing or

future debt.
if such loan or debt is repayable on demand

or otherwise,-
(i) where the loan amount exceeds rupees 0.1 per cent on the loan or
one lakh but does not exceed rupees ten debt amount
lakhs
(ii) where the loan amount exceeds rupees 0.2 per cent on the loan or
ten lakhs debt amount subject to a
maximum of rupees ten
lakhs]]
Exemption: Instruments of pawn or pledge of Provided that where a fresh

goods or jewels wherein such loan or debt is instrument of pawn or pledge
upto Rupees one lakh. of movable property is
executed for securing
repayment of money already
advanced by way of loan
between the same parties
and for the same purpose
and for the same amount and
the duty in respect of earlier
instrument has been paid,
then the duty chargeable on
such fresh instrument is
chargeable as per clause (j)
of Article 5 of this Schedule.]
7. Appointment in execution of a power, 40[One thousand rupees]
whether of trustees or of property, movable or

immovable, where made by any writing not
being a Will
8. Appraisement or valuation, made otherwise

than under an order of the Court in the course
of a suit, -
(a) where the amount does not exceeds Rs. The same duty as a Bond
1,000 (No. 12) for such amount
Exemptions:
(a) Appraisement or valuation made for the

information of one party only, and not being
in any manner obligatory between parties
either by agreement or operation of law.
(b) Appraisement of crops for the purpose of

ascertaining the amount to be given to a
landlord as rent.
9. Apprenticeship deed, including every 195[rupees one hundred]
writing relating to the service or tuition of any

apprentice clerk or servant placed with any
master to learn any profession, trade or
employment
Exemption: Instruments of apprenticeship, by

which a person is apprenticed by, or at the
charge, of any public charity.
2[10. Articles of Association of a Company 196[rupees one thousand for
where the company has no share capital or every rupees ten lakhs or
nominal share capital or increased share part thereof subject to a
capital Exemption: Articles of any association maximum of rupees fifty
not formed for profit and registered under lakhs. ]
Section 25 of the Companies Act, 1956. See
also Memorandum of Association of a
Company (No. 33). Assignment: See
Conveyance (No. 20), Transfer (No. 52) and
Transfer of Lease (No. 53), as the case may
be.
Authority to Adopt: See Adoption deed (No.

3)].
45[186[11. Award.- that is to say, any decision
in writing by an arbitrator or umpire, not

being an award directing a partition, on a
reference made otherwise than by an order of
the court in the course of a suit.]
(a) If the property, which is the subject The same duty as the
matter of award, is immovable property. conveyance [under Article
20(1)] on the market value of
the such property, or
consideration, whichever is
higher.
(b) If the property, which is the subject

matter of award, is movable property,
(i) Where the amount or market value of the 3/4% of the amount or
property, as set forth in the award, does not market value.
exceed Rupees fifty lakhs.
(ii) Where the amount or market value of the Rupees thirty seven thousand
property exceeds rupees fifty lakhs but does five hundred plus 1/ 2% of
not exceed rupees five Crores. the amount or market value
exceeding Rupees fifty lakhs.
(iii) Where the amount or market value of the Rupees thirty seven thousand
property exceeds rupees five Crores. five hundred plus two lakhs
twenty five thousand plus
1/4% of the amount or
market value exceeding
Rupees five crores.]
46[12. Bond, defined by Section 2(1)(a), not
being otherwise provided for by this Act, or by

the Karnataka Court Fees and Suits Valuation
Act, 1958,-
(a) where the amount or value secured does 174[fifty paise] for every
not exceed Rs. 1,000 rupees one hundred rupees

or part thereof
(b) where it exceeds Rs. 1,000 The same duty as under

clause (a) for the first rupees
one thousand and for every
rupees five hundred or part
thereof in excess of rupees
one thousand: 175[two

rupees and fifty paise]
See Administration bond (No. 2), Bottomry

bond (No. 13), Customs bond (No. 23),
Indemnity bond (No. 29), Respondentia bond
(No. 46), Security bond (No. 47).
Exemption: Bond, when executed by any

person for the purpose of guaranteeing that
the local income derived from private
subscriptions to a charitable dispensary or
hospital or any other object of public utility,
shall not be less than a specified sum per
mensem]
13. Bottomry bond, that is to say, any The same duty as a Bond
instrument where by the master of a seagoing (No. 12) for such amount
ship borrows money on the security of the
ship to enable him to preserve the ship or
prosecute her voyage.
47[14 Cancellation of instruments.-
(a) Cancellation of any instrument previously 48[same duty as on the
executed on which stamp duty has been paid original instrument if such
as per any article of the 49[Schedule and not cancellation has the effect of
otherwise specifically provided for by the reconveyance of property
Schedule] already conveyed by the
original instrument:
Provided that, if the original

instrument is a conveyance
on sale, then the stamp duty
payable on such cancellation
instrument is, as per Article
20(1), on the market value of
the property as on the date
of execution of such
cancellation.]
(b) Cancellation of any instrument executed one hundred rupees

by or on behalf of the Central Government or
a Local Authority or other Authority
constituted by or under any law for the time
being in force or a body corporate wholly
owned or controlled by the Central
Government or the State Government.
(c) in any other case one hundred rupees
50[See also agreement or its records or
Memorandum of an Agreement [No. 5(e)(i)]]

also Release (No. 45) Revocation of
Settlement (No. 48-B), Surrender of Lease
(No. 51) 158[***]
Explanation.- If the original instrument has

been subjected to determination of the
market value under section 45-A of the Act,
stamp duty on the cancellation of such
instrument shall be the same as determined
under section 45-A of the Act.
15. Certificate of sale - (in respect of each

property put up as a separate lot and sold)
granted to the purchaser of any property sold
by public auction by a Court or Tribunal or
officer of Government or by any other
authority under any enactment, -
(a) where the purchase money does not One rupee

exceed Rs. 10
(b) where the purchase money exceeds Rs. One rupee and fifty paise
10 but does not exceed Rs. 25
(c) in any other case The same duty as a

Conveyance (No. 20) for a
market value equal to the
amount of the purchase
money only.
2[16. Certificate or other document One rupee for every one
evidencing the right or title of the holder thousand rupees or a part
thereof, or any other person, either to any thereof of the value of
share, scrip or stock in or of any incorporated shares, scrip or stock.
company or other body corporate, or to

become proprietor of share, scrip or stock in
or of any such company or body
See also Letter of allotment, of shares (No.

31)
Explanation: For the purpose of this article,

the value of the share, scrip, or stock includes
the amount of premium, if any]
17. Certificate of enrolment, in the roll of 51[Five hundred rupees]
Advocates prepared and maintained by the

State Bar Council under the Advocates Act,
1961 (Central Act No. 25 of 1961)
18. Charter party, that is to say, any 195[rupees one hundred]
instrument (except an agreement for the hire

of a tug-steamer) whereby a vessel or some
specified principal part thereof is let for the
specified purposes of the charter, whether it
includes a penalty clause or not
10[18-A. Clearance list, (1) relating to the The sum of duties chargeable
transactions for the purchase or sale of under Article No. 5(b) or
Government securities submitted to the Article No. 37(c), as the case
clearing house of a stock exchange may be in respect of each of

the entries in such list on the
value of the securities
calculated at the making up
price or the contract price as
the case may be
(2) relating to the transactions for the The sum of duties chargeable
purchase or sale of a share, scrip, stock, under Article 5(c)(i) or Article
bond, debenture, debenture stock or other No. 37(b), as the case may
marketable security of a like nature in or of be in respect of each of the
any incorporate company or other body entries in such list on the

corporate submitted to the clearing house of a value of the securities
stock exchange recognised under the calculated at the making up
Securities Contracts (Regulation) Act, 1956 price or the contract price as
the case may be
(3) relating to the transactions for the The sum of duties chargeable
purchase or sale of a share, scrip, stock, under Article 5(c)(i) or Article
bond, debenture, debenture stock or other No. 37(b), as the case may
marketable security, of a like nature in or of be in respect of each of the
any incorporated company or body corporate, entries in such list on the
submitted to the clearance house of a stock value of the securities
exchange, not recognised under the Securities calculated at the making up
Contract (Regulation) Act, 1956 price or the contract price as
the case may be]
19. Composition deed, that is to say, any 197[Two Hundred rupees]
instrument executed by a debtor, whereby he

conveys his property for the benefit of his
creditors, or whereby payment of a
composition or dividend on their debts is
secured to the creditors or whereby provision
is made for the continuance of the debtors'
business, under the supervision of inspectors
or under letters of licence, for the benefit of
his creditors
*54[20.(1) For conveyance, as defined by 176[five percent of the value]
clause (d) of Section 2, not being a transfer

charged or exempted under No. 52, on the
market value of the property which is the
subject-matter of conveyance.
56[Proviso ***]
57[***]
58[Provided further that in
any case where a lease-cum-

sale agreement is executed
and is stamped with the ad
valorem stamp required for
such agreement under Item

(d) of Article 5 and in
furtherance of such
agreement a conveyance is
subsequently executed, the
duty on such conveyance
shall not exceed rupees ten
or the difference of the duty
payable on such conveyance
and the duty already
collected on the security
deposit under Item (d) of
Article 5, whichever is
greater]
59[Provided also that
notwithstanding anything
contrary in this Act, where a
lease-cum-sale agreement
was executed before thirty
first day of March 2001 in
respect of a site allotted by
any House Building Co-
operative Society registered
under the Karnataka Co-
operative Societies Act, 1959
(Karnataka Act 11 of 1959),
and in furtherance of such
agreement a conveyance is
duty payable on such
conveyance shall be on the
market value of such site as
on the date of execution of
the lease-cum-sale
agreement.]
60[(2)Where it relates to 61[instrument] of 62[63[64[the same duty as
conveyance executed by a promotor, a land conveyance under Article
owner, or a developer by whatever name 20(1)] 65[on the market

called, pertaining to premises of 'Flat' as value equal to the market
defined in clause (a) of Section 2 of the value of the fully constructed
Karnataka Ownership Flats (Regulation of the flat or apartment or unit,
Promotion of Construction, Sale, Management irrespective of the stage of
and Transfer) Act, 1972 (Karnataka Act 16 of construction, deeming it as
1973) or "apartment" as defined in clause (a) fully constructed.
of Section 3 of the Karnataka Apartment
Ownership Act, 1972 (Karnataka Act 17 of
1973) or transfer of share or in favour of Co-
operative Society or company pertaining to
premises or Unit and the market value of the
property which is the subject matter of
conveyance.
EXPLANATION:
(a) 'Premises' means and includes undivided

interest in the land building and
proportionate share in the common areas
(b) 'Unit' includes flat, apartment, tenement,

block or any other unit by whatever name
called, constructed or under construction in
accordance with the sanctioned plan by the
authority competent to sanction a building
plan under any law for the time being in
force;
68[(c) xxxxxxxx]]
69[(3) Where any instrument of conveyance The duty shall be payable at
is effected by the Bangalore Development the rates specified under
Authority constituted under Bangalore clause (2) of Article 20 on the
Development Authority Act, 1976 (Karnataka amount or value of
Act No. 12 of 1976) the Karnataka Housing consideration as set forth in

the instrument:
Board constituted under the Karnataka

Housing board Act, 1962 (Karnataka Act No.
10 of 1963) pertaining to premises of Flat or
Apartment
Provided that in any case

where a lease-cum-sale
agreement is executed and is
stamped with the ad valorem
duty required for such
agreement under item (da) of
Article 5 and in furtherance of
such agreement a conveyance
is subsequently executed, the
duty on such conveyance shall
not exceed Rs. 50 or the
difference of the duty payable
on such conveyance and the
duty already collected on the
security deposit under item
(da) of Article 5, whichever is
grater.
70[(4) If relating to an order made by the
High Court 225[or appropriate Tribunals or

appropriate Authorities under the Companies
Act, 2013] in respect of;
(i) Amalgamation of Companies, including a 213[Three per cent] on the
subsidiary amalgama ting with parent market value of the property]

company of the transferor company,
located within the State of
Karnataka and transferred to
the transferee company; or
An amount equal to 160[One

percent] of the aggregate
value of shares issued or
allotted in exchange, or
otherwise and in case of a

subsidiary company, shares
merged (or cancelled) with
parent company and in
addition, the amount of
consideration if any, paid for
such amalgamation;
-which ever is higher.
(ii) Reconstruction or Demerger of a 214[Three per cent] on the
company market value of the property]

of the transferor company,
Karnataka, and transferred to
the resulting company; or
An amount equal to 160[one

percent] of the aggregate
value of shares issued or
allotted to the resulting
company and in addition, the
amount of consideration if
any, paid for such demerger
or reconstruction;
-whichever is higher.]
162[Explanation:- The term,
“aggregate value of shares”

for the purpose of Article
20(4) means, the face value
of shares or its market value,
whichever is higher.]
75[Exemption. -Amalgamation of sick
companies with others, under the orders of

Board of Industrial Finance and
Reconstruction (BIFR).]
198[(5) Conveyance relating to industrial
machinery,-
(i) when industrial machinery is treated as 215[Three per cent] of
moveable property consideration or market value

of the property, whichever is
higher
(ii) when industrial machinery is treated as Five per cent of consideration

immoveable property or market value of the
property, whichever is higher]
(6) If relating to assignment of receivables One rupee for every one

by the originator to the special purpose thousand rupees or part
vehicle (SPV), or by whatever name they are thereof subject to a maximum
called, in the process of securitisation of rupees one lakh.]
77[under securitisation and reconstruction of
Financial Assets and Enforcement of Security

Interest Act, 2002.]
78[(7) Conveyance relating to Transferable 216[Three per cent] on the
Development Rights market value of the

Transferable Development
Rights equal to the market
value of the corresponding
portion of the property leading
to such Transferable
Development Rights, which is
the subject matter of
conveyance; or consideration
for such conveyance;
217[Provided that, if the
proper duty is paid under

clause (ec) of Article 41 on
Power of Attorney, executed
by and between the same
parties and in respect of the
same property, then the duty
payable on the corresponding
conveyance under Article

20(7), shall not exceed rupees
two hundred.]
79[21. Copy of extract, certified to be true
copy or extract by or by order of any public

officer and not chargeable under the law for
the time being in force relating to the Court
Fees,-
(i) if the original was not chargeable with Five rupees

duty, or if the duty with which it was
chargeable does not exceed five rupees
(ii) in any other case Ten, rupees
Exemptions. -
(a) Copy of any paper which a public officer

is expressly required by law to make or
furnish for record in any public office or for
any public purpose.
(b) copy of, or extract from any register

relating to the births, baptisms, namings,
dedications, marriages, divorces, deaths or
burials.]
22. Counterpart or Duplicate - of any

instruments, chargeable with duty and in
respect of which the proper duty has been
paid, -
(a) if the duty with which the original The same duty as payable on
instruments is chargeable does not exceed the original
80[five hundred rupees]
(b) in any other case 81[82[[Five hundred rupees]
Exemption: Counterpart of any lease granted

to a cultivator when such lease is exempted
from duty
23. 177[customs bond or excise bond], -
(a) where the amount does not exceed Rs. The same duty as a Bond (No.
1,000 12) for such amount
Declaration of any trust - See Trust (No. 54)
24. Delivery - order in respect of goods, that 84[xxx xxx xxx]
is to say, any instrument entitling any

187[One rupee for every one
person, therein named, or his assignees or
thousand rupees or part
the holder thereof to the delivery of any
thereof on the value of such
goods lying in any dock or port, in any
goods.]
warehouse in which goods are stored or
deposited on rent or hire, or upon any wharf
such instrument being signed by or on behalf
of the owner of such goods upon the sale or
transfer of the property therein,
85[188[(i) xxxxxx xxxxxx
(ii) xxxxxxx xxxxxx]]
Deposit of title deeds - See Agreement

relating to deposit of title deeds, pawn or
pledge (No. 6).
Dissolution of partnership - See Partnership

(No. 40)
189[Exemption.- Goods imported which are
exempted from levy of customs duty by the

Government of India.]
25. Divorce - Instrument of, that is to say, 86[One hundred rupees]
any instrument by which any person effects

the dissolution of his marriage.
Dower - Instrument of - See Settlement (No.

48)
Duplicate - See Counterpart (No. 22)
26. Exchange of property - instrument of The same duty as a

extract - See Copy (No. 21) Conveyance (No. 20) for a
market value of the property
of greatest value which is the
subject-matter of exchange.
27. Further charge - instrument of - that is

to say, any instrument imposing a further
charge on mortgaged property, -
(a) when the original mortgage is one of the The same duty as a
description referred to in clause (a) of Article Conveyance (No. 20) for a
No. 34 (that is, with possession). market value equal to the
amount of the further charge
secured by such instrument
(b) when such mortgage is one of the

description referred to in clause (b) of Article
No. 34 (that is, without possession), -
(i) if at the time of execution of the The same duty as a

instrument of further charge possession of Conveyance (No. 20) for a
the property is given or agreed to be given market value equal to the
under such instrument total amount of the charge
(including the original
mortgage and any further
charge already made) less the
duty already paid on such
original mortgage and further
charge
69[(ii) if possession is not given and not 87[Fifty paise for every one
being a hypothecation hundred rupees for the

secured by such instrument.]]
14[(iii) for hypothecation The same duty as sub-clause

(d) of Article 34 for the

secured by such instrument]
69[28. Gift - Instrument of- not being a
Settlement (No. 48) or Will or Transfer (No.

52)
(a) where the donee is not a family member The same duty as a
of the donor Conveyance (No. 20) for a
which is the subject-matter of
the gift:
Provided that where an

instrument of gift contains any
provision for the revocation of
the gift, the value of the
property which is the subject-
matter of the gift, shall for the
purposes of duty be
determined as if no such
provision were contained in
the instrument
88[(b) where the donee is a member of the 218[(i) If the property is
family of the donor Explanation: Family in situated within the limits of

relation to the donor for this purpose means Bangalore Metropolitan
89[father, mother] husband, wife, son, Regional Development
Authority or Bruhat Bangalore
daughter, 90[daughter-in-law, brothers,
Mahanagara Palike or City
sisters] and grand children.]
Corporation ...............
Rupees five thousand;
(ii) If the property is situated

within the limits of City or
Town Municipal Council or
Town Panchayat area
............ Rupees three
thousand;
(iii) If the property is situated

within the limits other than
the limits specified in items
(i) and (ii).....................
Rupees one thousand:
Provided that, if the property

is situated in any of the
combinations of limits,
mentioned in items (i), (ii)
and (iii) above the duty
payable shall be the
maximum of the duties
specified in items (i), (ii) and
(iii) above.]
29. Indemnity bond The same duty as a Security
Inspectorship deed - See Composition deed bond (No. 47) for the same
(No. 19) amount
17[30. (1) Lease of immoveable property
including an under-lease or sublease and any

agreement to let or sub-let where by such
lease, the rent is fixed, or fine or premium or
money advanced or security deposit (as the
case may be) is paid or delivered, -
91[(i) where the lease purports to be for a fifty paise for every one
term not exceeding one year in case of hundred rupees or part
residential property. thereof on the total amount or

value of; the average annual
rent, premium, fine and
money advanced, subject to a
maximum of rupees five
hundred.
(ii) where the lease purports to be for a term fifty paise for every one
not exceeding one year in case of hundred rupees or part
commercial or industrial property. thereof on the total amount or
money advanced,
(iii) where the lease purports to be for a term one rupee for every one
exceeding one year and not exceeding ten hundred rupees or part
years thereof on the total amount or
money advanced,
(iv) where the lease purports to be for a two rupees for every one
term exceeding ten years and not exceeding hundred rupees or part
twenty years thereof on the total amount or
money advanced,
(v) where the lease purports to be for a term three rupees for every one
exceeding twenty years and not exceeding hundred rupees or part
thirty years thereof on the total amount or
money advanced,
(vi) where the lease purports to be for a the same duty as conveyance
term exceeding thirty years or in perpetuity under Article 20(1) on the
or does not purport to be for any definite total amount or value of,
term average annual rent, fine,
premium and money
advanced; or on the market
value of the property;
17[Provided that in any case
when an agreement to lease is

stamped with the ad valorem
stamp required for a lease and
a lease in pursuance of such
agreement is subsequently
executed, the duty on such
lease shall not exceed rupees
fifty:
Provided further that the duty

in respect of an instrument of
lease executed in favour of
the wife, husband, father,
mother, son, daughter, brother
or sister in relation to the
person shall be
219[(i) If the property is
situated within the limits of

Bangalore Metropolitan
Regional Development
Corporation
........................... Rupees
five thousand;

Town Panchayat area ............
Rupees three thousand;

the limits specified in .items
(i) and
(ii)........................Rupees
one thousand:

is situated in any (of the
payable shall be the maximum
of the duties described in
items (i), (ii) and (iii) above.]
Explanation.- The term

"money advanced" in this
Article means and includes the
refundable or adjustable
towards the rent]
92[(2) Lease of movable property including
an under lease or sublease and any

agreement to let or sub-let,-
(a) where by such lease the rent is fixed and

no premium is paid or delivered,-
(i) where the lease purports to be for a term One rupee for every hundred
not exceeding ten years rupees or part thereof on the
average annual rent reserved,
rupees two lakhs
(ii) where the lease purports to be for a term One rupee and fifty paise for
exceeding ten years every hundred rupees or part
thereof on the average annual
rent reserved, subject to a
maximum of rupees two lakhs
(b) where the lease is granted for a fine or One rupee and fifty paise for
premium or for money advanced and where every hundred or part thereof
no rent is reserved on the amount of such fine or
premium or advance as set
forth in the lease, subject to a
maximum of rupees two lakhs
(c) where the lease is granted for a fine or On rupee and fifty paise for
premium or for money advanced in addition every hundred rupees or part
to rent reserved thereof on the amount of such
fine or premium or advance as
set forth in the lease, in
addition to the duty which
would have been payable on
such lease, if no fine or
premium or advance had been

paid or delivered, subject to a
maximum of rupees two
lakhs:
37[Provided that in respect of
lease of industrial machinery

the maximum duty chargeable
shall be rupees ten thousand]
93[Provided further that] in
any case when an agreement

to lease is stamped with ad
valorem stamp required for a
lease and a lease in pursuance
of such agreement is
duty on such lease shall not
exceed rupees fifteen.]
Exemption.- lease, executed in the case of a

cultivator and for the purposes of cultivation
(including a lease of trees for the production
of food or drink) without the payment or
delivery of any fine or premium, when a
definite term is expressed and such term
does not exceed one year or when the
average annual rent reserved does not
exceed one hundred rupees.
94[xxxxxx]
95[(d) Where the lease is granted for a rent
or fine or premium or money advanced, in

addition to the refundable deposit, by
whatever name called,-
(i) Where the lease purports to be for a term One percent on the amount of
not exceeding 30 years deposit as set forth in the
lease deed in addition to the
duty, which would have been
payable on such lease as per

article 30(a), 30(b) or 30(c)
as the case may be.
(ii) Where the lease purports to be for a term Three percent on the amount
exceeding 30 years of deposit as set forth in the
lease deed in addition to the
duty payable as per article
30(a), 30(b) or 30(c) as case
may be or for an amount
equal to the market value of
the property whichever is
higher.]
224[(3) Notwithstanding anything contained
in clause (1) and (2) above, in respect of,-
(a) Mine Development and Production

Agreement (MDPA) and or Mining Lease
granted through auctions:-
(i) where the lease purports to be for a term One rupee for every one
years. thereof on the total amount or
royalty and average annual
payment based on the final
price offer obtained in the
auction calculated on the
estimated average annual
production as per the
approved mining plan.
(ii) where the lease purports to be for a term Two rupees for every one
exceeding ten years and not exceeding hundred rupees or part

(iii) where the lease purports to be for a term Three rupees for every one
(iv) where the lease purports to be for a Five rupees for every one
term exceeding thirty years or in perpetuity hundred rupees or part
or does not purport to be for any definite thereof on the total amount or
term. value of; four times the
average annual royalty and
four times the average annual
approved mining plan

when Mine Development And
Production Agreement (MDPA)
is duly stamped with the ad
MDPA as well as for a mining
lease and a mining lease in
pursuance of such Mine
Development And Production
Agreement is subsequently

mining lease shall not exceed
rupees fifty:
(b): Mine Development and Production

Agreement (MDPA) and or Mining Lease
granted other than by auctions.
(i) where the lease purports to be for a term One rupee for every one
years. thereof on the total amount or
payment as share of value of
mineral calculated on the
approved mining plan,
premium, money advanced,
security deposit and fine.
(ii) where the lease purports to be for a term Two rupees for every one
exceeding ten years and not exceeding hundred rupees or part
(iii) where the lease purports to be for a term Three rupees for every one

(iv) where the lease purports to be for a Five rupees for every one
term exceeding thirty years or in perpetuity hundred rupees or part
or does not purport to be for any definite thereof on the total amount or
term. value of; four times the
average annual royalty and
four times the average annual
security deposit and fine; or
on the value of Estimated
Resources whichever is
higher;

when Mine Development And
Production Agreement (MDPA)
is duly stamped with the ad
MDPA as well as for mining
lease and a mining lease in
pursuance of such Mine
Development And Production
Agreement is subsequently
mining lease shall not exceed
rupees fifty:
Explanation: (1) The term

"money advanced and security
deposit" in this Article means

and includes the money
advanced and security deposit
including performance
guarantee whether refundable
or adjustable towards any
other payments.
(2) "Value of Estimated

Resources" shall have the
same meaning as that in the
Minerals (Other than Atomic
and Hydro Carbons Energy
Minerals) Concession Rules,
2016.]
31. Letter of allotment of shares, in any 111[One rupee]
company or proposed company or in respect

of any loan to be raised by any company or
proposed company
See also Certificate or other document (No.

16), Letter of guarantee - See Agreement
(No. 5)
32. Letter of licence - that is to say, any 112[One hundred rupees]
agreement between a debtor and his

creditors that the letter shall for a specified
time, suspend their claims and allow the
debtor to carry on business at his own
discretion.
10[17[113[32-A. Licence of immovable or
moveable property.- That is to say licence

granted by owner or authority for rent or fee
or by whatever name it is called, and money
advanced or security deposit 199[or for

carrying on manufacture, trade, business or
profession].-
(i) where the license purports to be for a fifty paise for every one

residential property thereof on the total amount or
maximum of rupees five
hundred.
(ii) where the license purports to be for a fifty paise for every one
commercial or industrial property thereof on the total amount or
money advanced, 200[subject

to a minimum of rupees fifty.]
(iii) where the license purports to be for a one rupee for every one
term exceeding one year and not exceeding hundred rupees or part
ten years thereof on the total amount or
minimum of rupees One
Hundred.
(iv) where the license purports to be for a two rupees for every one
term exceeding ten years and not exceeding hundred rupees or part
minimum of rupees two
hundred.
(v) where the license purports to be for a three rupees for every one
term exceeding twenty years and not hundred rupees or part
exceeding thirty years thereof on the total amount or
minimum of rupees three

hundred.]
2[33. Memorandum of Association of a 114[One thousand rupees]
Company, -
(a) if accompanied by Article of Association

under Section 26 of the Companies Act, 1956
(Central Act No. 1 of 1956)
(b) if not so accompanied The same duty as under

Article (No. 10) according to
the share capital of the
company
Exemption. - Memorandum of any

Association not formed for profit and
registered under Section 25 of the
Companies Act, 1956 (Central Act No. 1 of
1956)].
34. Mortgage deed, not being an agreement
relating to 115[deposit of title deeds,

116[pawn or pledge] (No. 6)], Bottomry bond
(No. 13),
Mortgage of a crop (No. 35), Respondentia

bond (No. 46) or Security bond (No. 47), -
(a) when a possession of the property or any (The same duty as a

part of the property comprised in such deed Conveyance (No. 20) for a
is given by the mortgagor or agreed to be market value equal to the
given amount secured by such deed
(b) when possession is not given or agreed 117[Fifty paise for every
to be given as aforesaid 14[and not being a hundred rupees or part

hypothecation] thereof for the amount
secured by such deed]
Explanation. - A mortgagor who gives to the

mortgagee a power of attorney to collect
rents or a lease of the property mortgaged or
part thereof is deemed to give possession
thereof within the meaning of this article.
69[(c) When a collateral or auxiliary or
additional or substituted security, or by way

of further assurance for the above mentioned
purpose, where the principal or primary
security is duly stamped:
(i) for every sum secured not exceeding Rs. 118[Ten rupees]
1,000
(ii) for every Rs. 1,000 or part thereof, 119[Ten rupees plus one rupee
secured in excess of Rs. 1,000 for every rupees one thousand

or part thereof in excess of
rupees one thousand]
201[(d) For hypothecation of moveable
property,-
If the loan or debt is repayable on demand,-
(i) where the loan amount does not exceeds rupees ten for every rupees
rupees ten lakhs ten thousands or part thereof
(ii) where the loan amount exceeds rupees rupees twenty for every
ten lakhs rupees ten thousands or part
thereof, subject to a
maximum of rupees ten
lakhs.]
Exemptions. -
(1) Instruments executed by persons taking

advances under the Karnataka Land
Improvement Loans Act, 1963 (Karnataka
Act No. 16 of 1963), the Karnataka
Agriculturists' Loans Act, 1963 (Karnataka
Act No. 17 of 1963) or by their sureties as

security for the repayment of such advances.
(2) Letter of hypothecation accompanying a

bill of exchange
35. Mortgage of a crop - including any

instrument evidencing an agreement to
secure the repayment of a loan made upon
any mortgage of a crop whether the crop is
or is not in existence at the time of the
mortgage, -
(a) when the loan is repayable not more than

three months from the date of the
instrument -
for every sum secured not exceeding Rs. 200 Fifty paise
and
for every Rs. 200 or part thereof secured in Fifty paise

excess of Rs. 200
(b) when the loan is repayable more than

three months but not more than eighteen
months from the date of the instrument -
for every sum secured not exceeding Rs. 100 120[Fifty paise]
and
for every Rs. 100 or part thereof secured in 120[Fifty paise]
excess of Rs. 100
36. Notarial Act - that is to say, any 163[***]
instrument, endorsement, note, attestation,

certificate or entry not being a Protest (No.
42) made or signed by a Notary Public, in the
execution of the duties of his office or by any
other person lawfully acting as a Notary
Public See also Protest of bill or note (No.
42)
2[122[37. Note or Memorandum or record of
transactions (Electronic or otherwise).- Sent

by a broker or agent to his principal
intimating the purchase or sale on account of
such principal or effected by a trading
member (agent) through stock exchange or
association or otherwise on behalf of the
client (principal) resident in the State of
Karnataka or otherwise
(a) of any 178[Goods or commodities or 226[Thirty paise for every ten
currencies] thousand or part thereof on

the value of goods or
commodities or currencies]
(b) Of any share, scrip, stock, bond, 227[Thirty paise for every ten
debenture, debenture stock or other thousand or part thereof on

marketable security of a like nature, not the value of such security at
being a government security. the time of its purchase or
sale, as the case may be.]
(c) Of a Government Security 228[Thirty paise for every ten
thousand or part thereof on

the value of such security at
the time of its purchase or
sale, as the case may be.]
(d) Of securities other than those falling 229[Thirty paise for every ten
under clause (b) above, in respect of either thousand or part thereof]

delivery or non delivery based (jobbing and
trading) transactions
(e) Of futures and options trading, of 230[Thirty paise for every ten
securities other than those falling under thousand or part thereof.]

clause (b) above,:
(f) Of forward contracts of commodities: 231[Thirty paise for every ten
thousand or part thereof.]
Explanation: For the purposes of clauses (b),
(d) and (e), "securities" means, the

securities as defined in clause (h) of section
(2) of the Securities Contract (Regulation)
Act, 1956.
Exemptions:
(1) note or Memorandum sent by a broker or

agent to his principal intimating the purchase
or sale on account of such principal or a
Government security or a share, scrip, stock,
bond, debenture, debenture stock or other
marketable security of like nature in or of
any incorporated company or other body
corporate, an entry relating to which is
required to be made in clearance lists
described in clauses (1), (2) and (3) of
Article 18-A.
(2) note or Memorandum sent by a broker or

agent to his principal in any of the above
cases, when the amount stated in the
instrument is less than rupees one hundred.]
38. Note of protest by the master of a ship
See also Protest by the master of a ship (No. 203[Fifty rupees]
43)
39. 69[Partition - Instrument of, as defined

by clause (k) of sub-section (1) of section 2
(a) where the property involved in the

partition is converted for non-agricultural
purpose or is meant for non-agricultural use
(1) if the property is situated in the Rupees one thousand for each
jurisdiction of Municipal Corporation or Urban share
Development Authorities or Municipal
Councils or Town Panchayats
(2) If the property is situated in the areas Rupees five hundred for each
other than those mentioned in sub-clause (1) share
above
(b) where the property involved in the Rupees two hundred and fifty
partition is agricultural land for each share
(c) where the property involved in the Rupees two hundred and fifty
partition is movable or money for each share
(d) where the property involved in the Maximum of the duties

partition belongs to any of the combinations described in sub-clauses (a),
of categories mentioned in sub-clauses (a), (b) or (c) above for each
(b) and (c) above share:]
Provided always that, -
(a) when an instrument of

partition containing an
agreement to divide property
in severally is executed and a
partition is effected in
pursuance of such agreement
the duty chargeable upon the
instrument effecting such
partition shall be reduced by
the amount of duty paid in
respect of the first instrument
but shall not be less than
123[fifty rupees]
124[(b) xxx xxx xxx]
(c) where a final order for

effecting a partition passed by
any revenue authority or any
Civil Court, or an award by an
arbitrator directing a partition,
is stamped with the stamp
required for an instrument of
partition and an instrument of
partition in pursuance of such

order or award is
subsequently executed the
duty on such instrument shall
not exceed 123[fifty rupees]
2[40. Partnership. -
A. Instrument of Constitution Rupees Two Thousand.
B. Reconstitution, -
(a) where immovable property contributed as 220[Three per cent] on the
share by a partner or partners remains with market value of the

the firm at the time of outgoing in whatever immovable property remaining
manner by such partner or partners on with the firm
reconstitution of such partnership firm
(b) in any other case 182[one thousand rupees]
C. Dissolution of, -
(a) where the property which belonged to 221[Three per cent on] a
one partner or partners when the partnership market value equal to the
commenced is distributed or allotted or given market value of the property
to another partner or partners distributed or allotted or given
to partner or partners under
the instrument of dissolution,
in addition to the duty which
would have been chargeable
on such dissolution if such
property had not been
distributed or allotted or
given.
(b) in any other case 182[one thousand rupees]]
204[40-A. Limited Liability Partnership.-
A. Constitution of Limited Liability

Partnership, or conversion of firm/private
company/unlisted public limited company
into limited liability partnership,-
(a) where the capital does not exceed rupees Rupees one thousand
ten lakhs
(b) where the capital exceeds rupees ten 222[Rupees one thousand plus
lakhs, for every rupees five lakh or part rupees five hundred for every
thereof exceeding rupees ten lakhs rupees five lakhs or part
thereof, exceeding rupee ten
lakhs capital amount, subject
to a maximum of rupees ten
lakhs]
B. Reconstruction or amalgamation of 215[Three per cent] on the
Limited Liability Partnership consideration or market value

of the property whichever is
higher of the transferor
limited liability partnership
Karnataka.]
41. Powers of Attorney - (as defined by

Section 2(1)(p) not being a proxy, -
(a) when executed for the sole purpose of 126[One hundred rupees]
procuring the registration of one or more

documents in relation to a single transaction
or for admitting execution of one or more
such documents
(b) when authorising one person or more to 127[One hundred rupees]
act in a single transaction other than the

case mentioned in clause (a)
(c) when authorising not more than five 128 [One hundred rupees]
persons to act jointly and severally in more

than one transaction or generally
(d) when authorising more than five but not 129[Two hundred rupees]
more than ten persons to act jointly and
severally in more than one transaction or

generally
130[(e) when given for consideration and or The same duty as a
when coupled with interest and authorising Conveyance (under Article
the attorney to sell any immovable property 20(1)) on consideration or on

(which is the subject matter of
such power of attorney),
which ever is higher]
164[191[Provided that the duty
paid on agreement for sale

under Article 5(e) or
instrument of sale or transfer
as the case may be, is
adjustable towards the duty
payable on such power of
attorney under Article 41(e),
executed between the same
same property.]]
193[(ea) If relating to construction or Two Rupees for every one
development of immovable property, hundred rupees or part
including a multi unit or multi storied house thereof, on the Market Value
or building or apartment or flat, or portion of of such undivided share or
it, executed by and between owner or lessee, portion of land or immovable
as the case may be, and developer, having a property, consideration and
stipulation, whether express or implied, that, money advanced, if any; or
in consideration of the owner or lessee

conveying or transferring or disposing off, in
any way, the undivided share or portion of
land or immovable property;
the developer agrees to convey or transfer or

On the Market Value of such
dispose off, in any way the proportionate or
share or portion of the
agreed share or portion of the constructed or
constructed or developed
developed building or immovable property to
building or immovable
the owner or lessee, as the case may be.
Explanation: property, consideration and
The tern "Developer" includes promoter or money advanced, if any;
builder or by whatever name called. whichever is higher.
Provided that, if the proper

stamp duty is paid under
clause (f) of the Article 5 on
an agreement for sale,
executed by and between the
same parties and in respect of
the same property, then the
stamp duty payable on the
corresponding power of
attorney under clause (ea) of
article 41, shall not exceed
rupees two hundred.
Explanation: The term "money

advanced" in this Article,
means and includes the
refundable or adjustable.]
(eb) when given to person other than the 134[135[136[The same duty as
father, mother, wife or husband, sons, a conveyance under Article

daughters, brothers, sisters in relation to the 20(1)] on the market value of
executant authorising such person to sell the property which is the
immovable property situated in Karnataka subject-matter of power of
State attorney:
166[190[Provided that the duty
paid on agreement for safe

under Article 5(e) or
instrument of sale or transfer
as the case may be is
adjustable toward the duty
payable on such power of
attorney under Article 41 (eb),
executed between the same

same property.]]
217[(ec) When given to person other than The same duty as a
the father, mother, wife or husband, sons, conveyance under Article
daughters, brothers, sisters in relation to the 20(7) on the market value of
executant authorising such person to sell the property which is the
Transferable Development Rights relating to subject-matter of Power of
immovable property situated in Karnataka Attorney.]
State
168[(f) When executed by a principal or client rupees fifty
for the sole purpose of authorizing rupees

fifty the agent or broker to carry out all
lawful acts and deeds relating to his / her
trading operations including sale / purchase
of marketable securities, transfer of
securities towards stock exchange, receiving
/ releasing funds and securities from / to
other parties on behalf of the principal or
client.
rupees fifty
(g) When executed by a principal or client for
the sole purpose of authorizing Rupees fifty”
the depository participant to carry out all
lawful acts and deeds relating to his/her
demat account as per the bye-laws of the
depositories / regulations governing such
operations]
167[(h)] in any other case 137[138[Two hundred rupees]
N.B. The term "Registration" includes every

operation incidental to registration under the
Registration Act, 1908 (Central Act No. 16 of
1908).
Explanation. - For the purposes of this article

more persons than one when belonging to
the same firm shall be deemed to be one
person.
42. Protest of bill or note - that is to say, any 137[Ten rupees]
declaration in writing made by a Notary

Public or other person lawfully acting as
such, attesting the dishonour of a bill of
exchange or promissory note
43. Protest by the Master of a Ship - that is 205[Fifty rupees]
to say, any declaration of the particulars of

her voyage drawn up by him with a view to
the adjustment of losses or the calculation of
averages and every declaration in writing
made by him against the charters or the
consignees for not loading or unloading the
ship, when such declaration is attested or
certified by a Notary Public or other person
lawfully acting as such
See also Note of protest by the master of a

ship (No. 38)
44. Reconveyance of mortgaged property, -
(a) the consideration for which the property The same duty as a
was mortgaged does not exceed Rs. 1,000 Conveyance (No. 20) for a
amount of such consideration
as set forth in the
reconveyance
139[(b) in any other case One hundred rupees]
79[45. Release, that is to say, any instrument
(not being such a release as is provided for

by Section 24), whereby a person renounces
a claim upon another person or against any
specified property, -
**140[(a) where the release is not between The same duty as a
the family members Conveyance [under Article No.
20(1)] on the market value of

the property and or on the
amount or value of claim or
part of claim renounced, as
the case may be (which is the
subject matter of Release) or
consideration for such release,
141[(b) where the release is between the 223[(i) If the property is
family members, - situated within the limits of

Bangalore Metropolitan
Corporation......Rupees five
thousand;

Town Panchayat area
............. Rupees three
thousand;

the limits specified in items (i)
and (ii)......................Rupees
one thousand:

of the duties specified in items
(i), (ii) and (iii) above.]
Explanation. - Family in relation to a person
for the purpose of clause (b) means

husband, wife, son, daughter, father, mother,
brother 2[wife/children of predeceased
brother] sister 142[husband/ children of

predeceased sister], wife of a predeceased
son and children of a predeceased son or
predeceased daughter]
143[(c) Release of mortgage rights or lien The same duty as a Bond (No.
12) subject to a maximum of
rupees one hundred]
46. Respondentia bond, that is to say, any The same duty as a Bond (No.
instrument securing a loan on the cargo 12) for the amount of the loan
laden or to be laden on board a ship and secured
making repayment contingent on the arrival
of the cargo at the port of destination
Revocation of any Trust or Settlement - See

Settlement (No. 48), Trust (No. 54)
47. Security bond or Mortgage deed,

executed by way of security for the due
execution of an office, or to account for
money or other property received by virtue
thereof, or execution by a surety to secure
the due performance of a contract, -
206[(a) when the amount secured does not Fifty paise for every rupees
exceed rupees one thousand one hundred or part thereof
(b) in any other case Rupees two hundred]
Exemption: Bond or other instrument, when

executed, -
(a) by any person for the purpose of

guaranteeing that the local income derived
from private subscriptions to a charitable
dispensary or hospital or any other object of
public utility shall not be less than a specified

sum per mensem;
(b) under No. 3-A of the rules made under

Section 70 of the Bombay Irrigation Act,
1879;
(c) by persons taking advances under the

Karnataka Land Improvement Loans Act,
1963 (Karnataka Act No. 16 of 1963), the
Karnataka Agriculturists Loans Act, 1963
(Karnataka Act No. 17 of 1963) or by their
sureties as security for the repayment of
such advances;
(d) by officers of Government or their

sureties to secure the due execution of an
office or the due accounting for money or
other property received by virtue thereof
48. Settlement, -
69[A. Instrument of (including a deed of
dower)
(i) where the disposition is not for the The same duty as a
purpose of distributing the property of the Conveyance (No. 20) for a
settler among his family market value equal to the
which is the subject-matter of
settlement:
Provided that, where an

agreement to settle is
stamped with the stamp duty
required for an instrument of
settlement, and an instrument
of settlement in pursuance of
such agreement is
duty on such instrument shall
not exceed rupees fifty
145[(ii) where the disposition is for the 223[(i) If the property is
purpose of distributing the property of the situated within the limits of

settler among the members of his family:- Bangalore Metropolitan
Corporation........................
Rupees five thousand;

Town Panchayat area ...........
Rupees three thousand;

the limits specified in items (i)
and (ii)................. Rupees
one thousand:

of the duties specified in items
(i), (ii) and (iii) above]
Explanation: For the purpose of this sub-

clause family in relation to settler means
146[father, mother,] husband, wife, son,
daughter, 147[daughter-in-law, brothers,

sisters and grand children]
Exemption: Deed of dower executed on the

occasion of a marriage between
Muhammadans148
148[B. Revocation of The same duty as a

Conveyance (No. 20) for a
sum equal to the amount or
value of the property
concerned, in the instrument
of revocation, but not
exceeding two hundred
rupees]
49. Share warrants - To bearer issued under One and a half times the duty
the Companies Act, 1956 (Central Act No. 1 payable on a Conveyance (No.
of 1956) 20) for a market value equal
to the nominal amount of the
shares specified in the warrant
Exemptions: Share warrant when issued by a

company in pursuance of Section 114 of the
Companies Act, 1956, to have effect only
upon payment as composition for that duty
to the Deputy Commissioner of Stamp -
revenue, of, -
(a) one and a half per centum of the whole

subscribed capital of the company, or
(b) if any company which has paid the said

duty or composition in full subsequently
issues an addition to its subscribed capital
one and a half per centum of the additional
capital so issued
50. Shipping order, for or relating to the 148[Two rupees]
conveyance of goods on board of any vessel
51. Surrender of lease,
(a) when the duty with which the lease is The duty with which such
chargeable does not exceed twenty-two deed is chargeable
rupees and fifty paise
Exemption: Surrender of lease, when such

lease is exempted form duty.
52. Transfer - (whether with or without

consideration), -
69[(a)of debentures, being marketable Fifty paise for every rupees
securities, whether the debenture, is liable to one hundred or part thereof
duty or not subject to a maximum of one

thousand rupees for a
consideration equal to the
face value of the debenture.
(b) of any interest secured by a bond,

mortgage deed or policy of insurance, -
(i) if the duty on such bond, mortgage deed The duty with which such
or policy does not exceed twenty-two rupees bond, mortgage deed; or
and fifty paise policy of insurance is
chargeable
(ii) in any other case 144[One hundred rupees]
(c) of any property under Section 25 of the 149 [One hundred rupees]
Administrator Generals Act, 1963
169[(d) of any trust property from one trust The same duty as a
to another trust or from Trust to trustee or conveyance [under Article 20
beneficiary, or from trustee to trust or (1)] on the market value of
trustee or beneficiary, as the case may be. the property (which is the
subject matter of such
transfer) or consideration for
such transfer, whichever is
higher.
Exemptions: Transfers of endorsement,- Provided that for the public
(a) of a bill of exchange, cheque or religious and charitable trusts,
promissory note; the duty for such transfer

shall be rupees one
(b) of a bill of lading, delivery order, warrant
thousand.]
for goods or other mercantile document of
title to goods;
(c) of a policy of insurance;
(d) of securities of the Central Government

or of State Government.
See also Section 8
2[151[53 Transfer of lease.- by way of
assignment and not by way of under lease.
(a) Where the remaining period of lease does The same duty as conveyance
not exceed 30 years [No.20(1)] for a market value
equal to the amount of
consideration.
(b) Where the remaining period of lease The same duty as conveyance
exceeds 30 years. [No.20(1)] on the market
value of the property which is
the subject matter of
transfer.]
10[53-A. Transfer of Licence The same duty as a

Conveyance (No.20)]
170[54. Trust,-
Declaration of or concerning, any property

when made by any writing not being a Will.-
(i) When the Trust is made exclusively for Rupees One Thousand
public religious and charitable purposes.
(ii) When the Trust is made for the Rupees One Thousand
management & custody of properties, for the
purpose of distributing the benefits/profits of
the property to the beneficiaries and where
there is no transfer/ disposition of property,
in any way.
(iii) When the trust made involves the The same duty as conveyance
transfer/ disposition of property in any way; [under Article No. 20(1)] on
the amount and the market
value of the property, which is
the subject matter of such

transfer / disposition.]
55. Warrant for goods, that is to say, any 207[Fifty rupees]
instrument evidencing the title of any person

therein named or his assigns, or the holder
thereof, to the property in any goods laying
in or upon any dock, warehouse or wharf,
such instrument being signed or certified by
or on behalf of the person in whose custody
such goods may be
155[Note: xxx xxx xxx]
_______________________________
1. Substituted by Act No. 21 of 1979. w.e.f. 31-3-1979
2. Substituted by Act No. 8 of 1995, w.e.f. 1-4-1995
3. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000 for the figure "10.000"
4. Substituted by Act No. 7 of 2000. w.e.f. 1-4-2000 for the words "One rupee"
6. Inserted by Act No. 6 of 2001, w.e.f. 1-4-2001
7. Substituted by Act No. 10 of 1990. w.e.f. 1-4-1990 for the words "Thirty rupees"
8. Substituted by Act No. 8 of 2003. w.e.f. 1-4-2003 for the words "Forty-five rupees"
9. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000 for the words "Fifteen rupees"
11. Inserted by Act No. 16 of 1981. w.e.f. 10-9-1980
* 13. Inserted by Act No. 22 of 1997, w.e.f. 29-9-1997.
14. Inserted by Act No. 6 of 1999, w.e.f. 1-4-1999.
15. Item (d) renumbered as Item (e) by Act No. 16 of 1981, w.e.f. 10-9-1980)
16. Proviso Inserted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
17. *Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009.
*Previous Reference: (ii) possession of the property is not delivered,-
(a) where the value of the property
(i) does not exceed Rs. 5,000 Ten rupees
(ii) exceeds Rs. 5,000 but does not exceed Rs. 20,000 Twenty rupees
(iii) exceeds Rs. 20,000 but does not exceed Rs. 50,000 One hundred rupees
(iv) exceeds Rs. 50,000 Two hundred rupees
*Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009. Fifty rupees
*Reference: (1 Explanation Inserted by Act No. 7 of 2007,
w.e.f. 1-4-2007)
1 [Explanation.-Where a reference of a Power of Attorney,
granted separately by the seller to the purchaser, in respect
of the property which is the subject matter of such
agreement; is made in the agreement, the possession of
the property is deemed to have been given for the purpose
of this clause.]
(b) where such agreement or memorandum of an
agreement does not relate to monetary transactions or
transactions not susceptible to valuation in terms of money
*18. Substituted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010.
Reference: Substituted by Act No. 9 of 2009, (w.e.f. 1-4-2009) 0.25 rupee for every one hundred rupees or part thereof
on the market value equal to the amount of consideration.
19. Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009. (Previous Reference:
#[(f) If relating to giving authority or power to a developer by whatever name called, for construction or, development
of, or sale or transfer (in any manner whatsoever) any immovable property.
Where the market value of property
(1) Does not exceed Rupees one crore 10,000/-
(2) Exceeds one crores and does not exceed two crores 20,000/-
(3) Exceeds two crores and does not exceed five crores 50,000/-
(4) Exceeds five crores and does not exceed ten crores 1,00,000/-
(5) Exceeds Ten crores 1,50,000/-]
Reference: (Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009)one rupee for every one hundred rupees or part thereof
on the market value of the property, or the estimated cost of construction or proposed construction or development or
proposed development of the property, as the case may be, (which is the subject matter of such transfer under the
agreement in accordance with the provisions of section 8 of the Karnataka Stamp Act 1957)or on the consideration for
such transfer whichever is higher:
#. Clause (1) Substituted by Act No. 7 of 2007, w.e.f. 1.4.2007 *Reference: (f) If relating to giving authority or power
to a promoter or developer by whatever name called, for construction or, development of, or sale or transfer (in any
manner whatsoever) of any immovable property, 1[situated in Karnataka State] 2[One thousand rupees] 1. Inserted by
Act No. 6 of 1999, w.e.f. 1.4.1999. *2. Substituted by Act No. 8 of 2003 w.e.f. 1.4.2003 for the words 2[Two rupees for
every hundred rupees or part thereof on the market value of the property which is the subject-matter of agreement;
*Previous Reference: (Act No. 6 of 2001, w.e.f. 1.4.2001) [Five rupees for every hundred rupees or part thereof on the
market value of the property which is the subject-matter of agreement]; 'Previous Reference : (Act No. 5 of 1998, w.e.f.
1.4.1998) Four rupees for every hundred rupees or part thereof on the market value of the property which is the
subject-matter of agreement, subject to a maximum of rupees four lakhs.
*Reference: (Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009) Provided that, if the Proper stamp duty is paid under
clause (e), (ea) and (eb) of Article 41 on a power of attorney executed between the same parties in respect of the same
property, then the stamp duty under this article shall be as per Article 5(i)
21. Inserted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010.
22. Clause (i) and the entries relating thereto shall he renumbered as Clause (j) by (Second Amendment) Act No. 8 of 2010,
w.e.f. 1-4-2010
23. Substituted for the words "Fifty rupees" by Act No. 9 of 2009, w.e.f. 1-4-2009.
24. Omitted by Act No. 5 of 1998, w.e.f. 1-4-1998
25. Substituted for the words, brackets and letter "sub-clause (I)" by Act No. 7 of 2007, w.e.f. 1-4-2007
27. Substituted by Act No. 6 of 1999, w.e.f. 1-4-1999 for the words "pawn, pledge or hypothecation"
28. Substituted for the Clauses "(a) and (b)" by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010.
30. In the Expatriation, Substituted for the words "in any judgment, decree or order of any court" by (Second Amendment)
Act No. 8 of 2010, w.e.f. 1-4-2010.
31. Entries relating to Article 6, in clause (1), for sub-clauses (a) and (b) shall be substituted by Act 8 of 2003, w.e.f. 1-4-
2003.
32. Sub-clause (a) substituted by Act 8 of 2008, w.e.f. 1 -8-2008.
33. Substituted for the words "for the amount secured" by Act 8 of 2008, w.e.f. 1-8-2008.
34. Entries relating to Article 6, in clause (1), for sub-clauses (a) and (b) shall be substituted by Act 8 of 2003, w.e.f. 1-4-
2003.
35. Proviso inserted alter clause (iv) by Act No. 7 of 2007, w.e.f. 1-4-2007.
36. Omitted by Act No. 6 of 1999, w.e.f. 1-4-1999 the words "whether attested or unattested"
38. Omitted by Act No. 6 of 1999. w.e.f. 1-4-1999 the word "hypothecation ".
39. Substituted for the "Exemption: Instruments of pawn or pledge of goods, if unattested" by Act No. 8 of 2008, w.e.f. 1-8-
2008.
40. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000 for the words "Seventy-five rupees"
41. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "thirty rupees "
43. Substituted by Act No. 8 of 2003. w.e.f. 1-4-2003 for the words "Fifteen rupees"
44. Substituted for the words "One thousand rupees for every rupees five lakhs or part thereof by Act No. 6 of 2001, w.e.f.
1-4-2001
*45. Substituted by Act No. 9 of 2009. w.e.f. 1-4-2009.
[11. Award, that is to say, any decision in writing by an The same duty as a Bond (Article No.
arbitrator or umpire, not being an award directing a 12) on the Market Value of the property
partition on a reference made otherwise than by an order which is the subject matter of the
of the Court in the course of a suit; On the amount or award.]
Market Value of the property whichever is higher
^ Substituted by Act No. 7 of 2007. w.e.f. 1-4-2007
**Previous Reference
^11. Award, that is to say, any decision in writing by an arbitrator The same duty as a Bond (No.
or umpire, not being an award directing a partition on a reference 12) for such amount
made otherwise than by an order of the Court in the course of a
suit, -
(a) where the amount or value of the property to which the Forty rupees
award relates does not exceed Rs. 1,000
(b) if it exceeds Rs. 1,000 but does not exceed Rs. 5,000 #[Five rupees]
and for every additional Rs. 1,000 or part thereof in excess
of Rs. 5,000
#. Substituted for the words 'Two Rupees' by Act No. 8 of 2003, w.e.f. 1-4-2003
47. Article 14 substituted by Act No. 7 of 2006, w.e.f. 1-4-2006.
14. Cancellation - instruments of - (including any instrument by which any instrument previously #[One hundred
rupees]] executed is cancelled), if attested and not otherwise provided for. See also Release (No. 45), Revocation of
Settlement (No. 48-B), Surrender of Lease (No. 51), Revocation of Trust (No. 54-B)
# Substituted by Act No. 10 of 1990, w.e.f. 1.4.1990 for the words "thirty rupees.
48. Substituted by (Second Amendment) Act No. 8 of 2010. w.e.f. 1-4-2010
Previous Reference: (7 of 2006) : Same duty as on the original instrument
49. Substituted for the word "Schedule" by Act No. 7 of 2007. w.e.f. 1-4-2007
50. Substituted for the words "See also" by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
51. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "Three hundred and thirty-five rupees"
52. Substituted for the words "six rupees." by Act 8 of 2003, w.e.f. 1-4-2003
53. Substituted by Act 8 of 2003, w.e.f. -4-2003 for the words "forty-five rupees."
54. Substituted by Act 7 of 2006, w.e.f. 1-4-2006.
55. Substituted for the words "Seven and a half percent" by Act No. 9 of 2009, w.e.f. 1-4-2009.
56. Proviso Omitted by Act No. 20 of 2009, and shall be deemed to have come into force w.e.f. 4-6-2009 5[Provided that
where a conveyance is backed by a valid title insurance policy issued by any Insurance Company recognized by Insurance
Regulatory and Development Authority, the duty shall be 7 % of the market value of the property.]
*Previous Reference:
* 1[202[3[(1)] For conveyance, as defined by clause (d) of Section 2, not being a transfer charged or exempted under No.
52, on the market value of the property which is the subject-matter of conveyance, if the property is situated within the
limits of, -
(i) Bangalore Metropolitan Regional Development Authority 4[8% of the value]
(ii) City Corporation or City or Town Municipal Council or any Town Panchayats 5[8% of the value]
other than the areas specified in item (i)
(iii) Any area other than areas specified in items (i) and (ii) 8% of the value]]
3. Article 20 renumbered as Article 20(1) by Act No. 19 of 1994, w.e.f. 1-4-1994
4. Substituted by Act 8 of 2003, w.e.f. 1-4-2003 for the words "10% of the value."
5. Substituted by Act 8 of 2003, w.e.f. 1-4-2003 for the words "9% of the value."
57. *Proviso Omitted by Act No. 6 of 2001, w.e.f. 1-4-2001.
*Previous Reference: Provided that in respect of any instrument of conveyance effected by the House Building Co-
operative Societies, registered under the Karnataka Co-operative Societies Act, 1959 (Karnataka Act No. 11 of 1959)
insofar as it relates to allotment of buildings or sites to their members, the duty shall be payable at the rates specified
above on the amount or value of consideration for such conveyance as set forth in the instrument:
59. Proviso Inserted by Act 8 of 2003, w.e.f. 1-4-2003. w.e.f. 1-4-2010
60. Inserted by Act No. 19 of 1994. w.e.f. 1-4-1994.
61. Substituted for the words "first instrument" by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
62. Substituted for the words "nine per cent of the value" by Act 8 of 2003, w.e.f. 1-4-2003.
63. Substituted for the words "Eight per cent of the value" by Act No. 7 of 2006, w.e.f. 1-4-2006.
64. Substituted for the words, brackets and figures 'Seven and a half per cent" by Act No. 20 of 2009, and shall be deemed
to have come into force w.e.f. 4-6-2009.
65. Inserted by (Second Amendment) Act No. 8 of 2010.
* Previous Reference: Where the
Market value:—
I Does not exceed rupees 5,00,000 Four rupees for every hundred rupees or part thereof
II Exceeds rupees 5,00,000 but does Twenty thousand rupees plus six rupees for every hundred
hot exceed rupees 15,00,000 rupees or part thereof in excess of rupees 5,00,000
III Exceeds rupees 15,00,000 Eighty thousand rupees plus eight rupees or part thereof in
excess of 15,00,000
*67. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000.
68. Omitted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
Reference: (Inserted by Act No. 19 of 1994, w.e.f. 1-4-1994).(c)' Promoter' means a promoter as defined in clause (c)
of Section 2 of Karnataka Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and
Transfer) Act, (Karnataka Act 16 of 1973).
* 70. Clause (4) Substituted by Act No. 7 of 2007, w.e.f. 1-4-2007
71. Substituted for the words, figures and brackets "Same duty as a conveyance [under Article 20(1)] on the market value of
the property" by Act No. 8 of 2008, w.e.f. 1-8-2008.
72. Substituted for the figure and symbol "5%" by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
73. Substituted for the words, figures and brackets "Same duty as a conveyance [under Article 20(1)] on the market value of
the property" by Act No. 8 of 2008, w.e.f. 1-8-2008
74. Substituted for the figure and symbol "5%" by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
75. Inserted by Act 8 of 2008, w.e.f. 1-8-2008.
Previous Reference: Act 8 of 2003, (From 1-4- 1[Ten per cent of the aggregate market value of
2003 to 31-3-2007) shares issued or allotted in exchange or otherwise
*(4) If relating to an order made by the High and the amount of consideration paid for such
Court under Section 394 of the Companies Act, amalgamation:
1956 in respect of amalgamation of companies
Provided that, the amount of duty chargeable
under this clause shall not exceed
(i) an amount equal to 7 per cent of the market
value of the immovable property located within
the State of Karnataka of the transferor company;
or
(ii) an amount equal to 0.7 per cent of the
aggregate of the market value of the shares
issued or allotted in exchange or otherwise and
the amount of consideration paid for such
amalgamation, whichever is higher:
Provided for that, in case of re-construction or
demeger the duty chargeable shall not exceed,-
(i) an amount equal to 7 per centum of the
market value of the immovable able property
located within the State of Karnataka transferred
by the Demerging Company to the Resulting
Company, or
1. Substituted by Act 8 of 2003, w.e.f. 1-4-2003 (ii) an amount equal to 0.7 per centum of the
for the words "Ten rupees for every rupees one aggregate of the market value of the shares
thousand or part thereof, on the market value of issued or allotted to the Resulting Company and
the property of the transferor company, located in the amount of consideration paid for such
State of Karnataka and transferred to the demerger whichever is higher.]
transferee company on amalgamation
76. Substituted by Act 8 of 2003, w.e.f. 1-4-2003. Previous Reference:
(5) If relating to industrial machinery Two rupees for every rupees one hundred or part thereof Exemption. -
(i) Sale of industrial machinery by the manufacturer or his authorised agent
(ii) Industrial machinery not exceeding the value of rupees twenty-five thousand.
78. Clause (7) Inserted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010.
80. Substituted for the words "four rupees and fifty paise" by Act No. 9 of 2009, w.e.f. 1-4-2009.
81. Substituted by Act 8 of 2003, w.e.f. I-4-2003 for the words "*thirty rupees"
Previous Reference : *Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words " six rupees"
82. Substituted for the words "Fifty rupees " by Act No. 9 of 2009, w.e.f. 1-4-2009.
83. Substituted by Act 8 of 2003. w.e.f. 1-4-2003 for the words "*Eight rupees"
Previous Reference : *Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Forty rupees"
84. Omitted by Act No. 7 of 2000, w.e.f. 1-4-2000 the words "Twenty paise"
85. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000, for the words "when such goods exceeds in value twenty rupees"
86. Substituted by Act 8 of 2003, w.e.f. 1-4-2003 for the words "Ten rupees "
87. Substituted by Act 8 of 2003, w.e.f. 1-4-2003 for the words, brackets and figures "The same duty as a Bond (No. 12) for
the amount of further charge secured by such instrument, subject to a maximum of Rupees three lakhs
88. *Substituted by Act No. 6 of 2001, w.e.f. 1-4-2001.
*Previous Reference: #[(b) where the donee is
a member of the family of the donor
(i) Where the market value is less than Rs. Rs. 500
50,000
(ii) Where the market value is Rs. 50,000 and 2% of the value
above but less than Rs. 10 lakhs
(iii) Where the market value is Rs. 10 lakhs and 3% of the value
above but less than Rs. 20 lakhs
(iv) Where the market value Is Rs. 20 lakhs and 5% of the value
above
Explanation: Family in relation to the donor for this purpose means husband, wife, sons and
daughters]' Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000.
89. Inserted the words and comma by Act No. 9 of 2009, w.e.f. 1-4-2009.
90. Substituted for the words "daughter-in-law by Act No. 7 of 2007, w.e.f. 1-4-2007
91. In sub-clause (1) items (i), (ii), (iii), and (iv) Substituted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
93. Substituted by Act No. 5 of 1998, 1-4-1998 for the words "Provided that"
94. Explanation Omitted by Act No. 7 of 2006, w.e.f. 1-4-2006. Previous Reference: Explanation.- When a lessee undertakes
to pay any recurring charge, such as Government revenue the landlords, share of cess, or the owner's share of municipal
rates or taxes which is by law recoverable from the less or, the amount so agreed to be paid by the lessee shall be deemed
to be part of the rent.
95. Clause (d) inserted by Act No. 7 of 2006, w.e.f. 1-4-2006.
96. Renumbered as 30(1)by Act No. 9 of 1997, w.e.f. 1-4-1997
97. Substituted by Act No. 9 of 1997, w.e.f. 1-4-1997 for the words 'Lease'
98. Substituted for the words 'less than five years' by Act 8 of 2008, w.e.f. 1-8-2008.
99. Substituted by Act No. 6 of 2001, w.e.f. 1-4-2001 for the words "a market value"
100. Substituted by Act No. 6 of 2001, w.e.f. 1-4-2001 for the words, figures and brackets 'Article 20(1)'
101. Substituted by Act No. 6 of 2001, w.e.f. 1-4-2001 for the words, figures and brackets "Bond (Article No. 12)"
102. Substituted by Act No. 7 of 2006, w.e.f. 1-4-2006 for the words as set forth in the lease"
*103. Inserted by Act No. 6 of 1999. (w.r.e.f. 1-4-1998 to 31-3-1999)
Previous Reference: (Act 8 of 1995, from 1-4-1995 to 31-7-2008)
[(d) Where the leasee undertakes to effect improvements in the leased property and agreed to make over the same
to the less or at the time of termination of lease The same duty as Conveyance (No. 20) for value of the
improvement contemplated to be made by the lessee as set forth in the deed in addition to the duty chargeable
under (a) or (b) or (c) as the case may be]
107. Omitted by Act No. 8 of 2008, w.e.f. 1-8-2008
108. Renumbered as 30(1) by Act No. 9 of 1997, w.e.f. 1-4-1997
109. Substituted by Act No. 9 of 1997, w.e.f. 1-4-1997 for the words "Lease"
110. Inserted by Act No. 8 of 1995. w.e.f. 1-4-1995
111. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "Fifty paise"
112. Substituted by Act No. 8 of 2003. w.e.f. 1-4-2003 for the words "Forty five rupees"
113. Substituted by (Second Amendment) Act No. of 2010, w.e.f. 1-4-2010.
114. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "Two hundred rupees"
115. Substituted for the words "deposit of title deeds, pawn or pledge (No.6)" by Act No. 8 of 1995, w.e.f. 1-4-1995
116. Substituted for the words "pawn, pledge or hypothecation " by Act No. 6 of 1999, w.e.f. 1-4-1999
117. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "Rupees three for every hundred rupees or part thereof
for the amount secured by such deed subject to a maximum of rupees three lakhs". 'Previous Reference. Substituted by Act
No. 5 of 1998, w.e.f. 1-4-1998
118. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words" Three rupees and Fifty paise."
119. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words 'Three rupees and fifty paise subject to a maximum of
rupees three lakhs"
120. Substituted by Act No. 8 of 2003. w.e.f. 1-4-2003 for the words "One rupee"
121. Substituted for the words "Five rupees" by Act, No. 10 of 1990, w.e.f. 1-4-1990.
122. Substituted by (Second Amendment) Act No. 8 of 2010, w.e.f. 1-4-2010
123. Substituted by Act No. 6 of 1999, w.e.f. 1-4-1999 for the words "three rupees"
124. Omitted by Act No. 6 of 1999. w.e.f. 1-4-1999
125. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "Five hundred rupees"
126. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000 for the words Ten rupees"
127. Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000 for the words "Twenty rupees"
128. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Twenty-two rupees"
129. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Forty-one rupees"
130. Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009. (Previous Reference:)
(e) when given for consideration and authorising the attorney to sell any immovable property
The same duty as a Conveyance (No. 20) for a market value equal to the amount of the consideration
131. Clause (ea) substituted by Act No. 7 of 2007, w.e.f. 1-4-2007
133. Clause (ea) Substituted by Act 7 of 2007, w.e.f. 1-4-2007
*(ea) when given to a promoter or developer by whatever name called for construction, development on, or sale, or
transfer (in any manner whatsoever) of, any immovable property situated in the Karnataka State.#[One thousand
rupees]
* Substituted by Act No. 6 of 1999, w.e.f. 1-4-1999
# Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the items (i), (ii) and Proviso :
Previous Reference:
(i) Four rupees for every hundred or part thereof, on the market value of the property which is the subject-matter
of the instrument subject to a maximum of rupees four lakhs
(ii) If such market value is not set forth, then a fixed amount of rupees four lakhs:
Provided that where an agreement is executed between the same parties, in respect of some property
and is stamped in accordance with Article No. 5(f) and in furtherance of such agreement if a power of
attorney is subsequently executed, the duty on such power of attorney shall be in accordance with clause
(f) of this article
134. Substituted by Act No. 8 of 2003, w.e.f. 1 -4-2003 for the words "Two rupees"
135. Substituted by Act No. 7 of 2006, w.e.f. 1-4-2006 for the words "Eight rupees"
136. Substituted for the words, brackets and figures "Seven rupees and fifty paise for every one hundred rupees or part
thereof " by No. 20 of 2009, and shall be deemed to have come into force w.e.f. 4-6-2009
137. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "five rupees"
138. Substituted for the words "one hundred rupees " by Act No. 9 of 2009, w.e.f. 1-4-2009.
140. Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009.
Clause (a) of Rule 45 substituted by Act No. 9 of 2009, w.e.f. 1-4-2009.
"Previous Reference: *[(a) where the release is not between the family members, -
(i) where the release is not for any consideration #[2.5% on the market value of the property, which is the subject
matter of release.]
(ii) if the release is for consideration___________^[50% of the rate applicable to Conveyance on the market value
of the property which is the subject matter of Release.]
*. Substituted by Act No. 6 of 1999, w.e.f. 1-4-1999.
#. The entries in Column No.3 Substituted by Act No. 7 of 2007, w.e.f. 1-4-2007.
Previous Reference: The same duty as a Bond (No. 12) for such amount or value of the property as set forth in the
instrument or on such average amount or values of the comparable properties, whichever is higher
*Previous Reference: The same duty as a Conveyance (No. 20) for a market value equal to the amount of the
consideration.
^. * The entries in Column No.3 Substituted by Act No. 7 of 2007, w.e.f. 1-4-2007
"Previous Reference: #[(b) where the release is between the
family members, -
(i) Where the market value is less than Rs. 50,000 Rs. 500
(ii) Where the market value is Rs. 50,000 and above but less 2% of the value
than Rs.10 lakhs
(iii) Where the market value is Rs. 10 lakhs and above but less 3% of the value
than Rs. 20 lakhs
(iv) Where the market value is Rs. 20 lakhs and above 5% of the value
Explanation: Family in relation to a person for the purpose of clause (b) means father, mother, husband, wife, sons,
daughters, brothers and sisters.
# Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000
144. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Thirty rupees"
145. *Substituted by Act No. 6 of 2001, w.e.f. 1-4-2001
*Previous Reference: #[(ii) where the disposition is for the purpose of distributing the property of the
settlor among his family.-
(i) Where the market value is less than Rs. 50,000 Rs. 500
(ii) Where the market value is Rs. 50,000 and above but less than 2% of the value
Rs. 10 lakhs
(iii) Where the market value is Rs. 10 lakhs and above but less 3% of the value
than Rs. 20 lakhs
(iv) Where the market value is Rs. 20 lakhs and above 5% of the value]
Explanation: Family in relation to the settlor for the purpose of clause (A) means husband, wife, sons and daughters]
# Substituted by Act No. 7 of 2000, w.e.f. 1-4-2000.
146. Inserted by Act No. 9 of 2009, w.e.f. 1 -4-2009
148. Substituted by Act No. 9 of 1987 (1-4-1987)
147. The words and comma "daughter-in-law" Substituted by Act 7 of 2007, w.e.f. 1-4-2007
148. Substituted by Act No. 8 of 2003, w.e.f. 1-4-2003 for the words "twenty five paise"
149. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Forty-five rupees"
150. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Fifteen rupees"
151. Substituted by Act No. 7 of 2006, w.e.f. 1-4-2006 *Previous Reference:
53. Transfer of lease, by way of assignment, and not by way of under lease
The same duty as a conveyance (No.20) for a market value which is the subject matter of assignment
152. Substituted by Act No. 7 of 2007, w.e.f. 1-4-2007 * Previous Reference:
*A. Declaration of, or concerning any property when made by any writing not being a Will
The same duty as a Bond (No. 12) for a sum equal to the amount or value of the property concerned, as set forth in the
instrument, but not exceeding #[five hundred rupees]
#. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Ninety rupees'
153. Substituted by Act No. 10 of 1990, w.e.f. 1-4-1990 for the words "Sixty rupees"
154. Substituted for the words "One rupee fifty paise" by Act No. 8 of 2003, w.e.f. 1-4-2003.
155. Omitted by Act No. 9 of 1987, w.e.f. 1-4-1987.
156. Substituted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :-
17[(ii) possession of the property is not delivered 18[One rupee for every one hundred
rupees or part thereof on the market
value equal to the amount of
consideration subject to a maximum of
rupees Twenty Thousand but not less
than rupees Five hundred.]]
157. Omitted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following:-
19[(f) If relating to construction or development or sale of 20[ one rupee for every one hundred
an immovable property, including a multi-unit house or rupees or part thereof on the market
building or unit of apartment or flat or portion of a multi- value of the property which is the
storied building by a person having a stipulation that after subject matter of such agreement or on
construction or development, such property shall be held the consideration for such agreement,
jointly or severally by that person and the owner or lessee, whichever is higher, subject to a
as the case may be, of such property, or that it shall be maximum of rupees one lakh fifty
sold jointly or severally by them or that a part of it shall be thousand:
held jointly or severally by them and the remaining part
thereof shall be sold jointly or severally by them.
Provided that, if the proper stamp duty
is paid under Article 41 (ea) on a power
of attorney, executed between the
same parties in respect of the same
property, then the stamp duty
chargeable on such agreement shall
not exceed Rs. 200/-.]
Explanation I:-
(1) the expression "lessee' shall mean a holder of a lease,
for a period exceeding thirty years or more, or in
perpetuity or does not purport to be for any definite term.
(2) the expression "building" shall mean a building having
more than one apartment or flat or office accommodation
or portion of a multi-storied building.
Explanation II: For the purpose of clause (e), clause (f)
and clause (h) where subsequently conveyance or
mortgage as the case may be, is executed between the
same parties in pursuance of such agreement or its
records or memorandum, the stamp duty, if any, already
paid and recovered on the agreement or its record or
memorandum shall be adjusted towards the total duty
leviable on the conveyance or mortgage, as the case may
be]
158. Omitted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- "Revocation of
Trust (No. 54-B)"
159. Substituted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- "71[72
[Three per cent]"
160. Substituted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- "0.7%"
"73[74[Three per cent]"
162. Inserted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011.
163. Omitted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- " 121[Ten
rupees]"
"16[Provided that the duty paid on such power of attorney is adjustable towards the duty payable on the
instrument of sale or transfer executed subsequently between the same parties and in respect of the same
property.]"
165. Omitted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :-
131[17[(ea) when given for construction / development or 132 [one rupee for every one hundred
sale of an immovable property, including a multi-unit rupees or part thereof on the market
house or building or unit of apartment or flat or portion of value of the property which is the
a multi-storied building to a person having a stipulation subject matter of such power of
that after construction or development, such property shall attorney or on the consideration for
be held jointly or severally by person and the owner or such power of attorney, whichever is
lessee, as the case may be, of such property, or that it higher, subject to a maximum of rupees
shall be sold jointly or severally by them or that a part of it one lakh fifty thousand:
shall be held jointly or severally by them and the
remaining part thereof shall be sold jointly or severally by
them.
Provided that, when proper stamp duty
is paid under Article 5(f) on such
agreement, or records thereof or
memorandum of an agreement
executed between the same parties and
in respect of the same property, the
duty chargeable on such power of
attorney shall not exceed Rs.200/-:
Provided further that the duty paid on
such power of attorney is adjustable
towards the duty payable on the
instrument of sale or transfer executed
subsequently between the same parties
and in respect of the same property.]]
Explanation:-
(1) the expression "lessee' shall mean a holder of a lease
for a period exceeding thirty years or more or in perpetuity
or does not purport to be for any definite term.
(2) the expression "building" shall mean a building having
more than one apartment or flat or office accommodation
or portion of a multi-storied building or both.
*3. Substituted by (Second
Amendment) Act No. 8 of 2010, w.e.f.
1-4-2010.
Reference -.(Act No. 9 of 2009, w.e.f.
1-4-2009)
(one rupee for every one hundred
rupees or part thereof on the market
value of the property, or the estimated
cost of construction or proposed
construction or development or
proposed development of the property,
as the case may be, (which is the
subject matter of such transfer under
the power of attorney in accordance
with the provisions of section 28 of the
Karnataka Stamp Act 1957) or the
consideration for such transfer
whichever is higher:
Provided that, when proper stamp duty
is paid under clauses (e) or (f) of
article 5 (as the case may be) on such
agreement, or records thereof or
memorandum of an agreement
executed between the same parties and
in respect of the same property, the
duty chargeable under these clauses
shall be as per Article 41(f).]
Reference: Act No. 7 of 2007 (1-4-2007 to 31-3-2009)
166. Substituted by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011 for the following :- "Provided that the
duty paid on such instrument is adjustable towards the duty payable on the instrument of sale or transfer executed
subsequently in favour of either the attorney holder or any other person"
167. Renumbered by the Karnataka Stamp (Amendment) Act, 2011 w.e.f. 01.04.2011.
"(d) of any trust-property from the trustee to another 150[Two hundred rupees]
trustee or from a trustee to the beneficiary
Exemptions: Transfers of endorsement, -
(a) of a bill of exchange, cheque or promissory note;
(b) of a bill of lading, delivery order, warrant for goods or
other mercantile document of title to goods;
(c) of a policy of insurance;
"(d) of securities of the Central Government or of State
Government.
See also Section 8"
54. Trust,-
152[A. Declaration of,-
(i) Concerning any Money or Amount conveyed by the Rupees five hundred
Author to the Trust as corpus.
(ii) Concerning any immoveable property owned by the Rupees five hundred
Author and conveyed to the Trust of which, the Author is
the sole Trustee.
(iii) Concerning any immoveable property owned by the the same duty as a conveyance [Article
Author and conveyed to the Trust of which, the Author is 20(1)] for the market value of the
not a Trustee or one of the Trustees. property conveyed.]
B. Revocation of, or concerning any property wen made by The same duty as a Bond (No. 12) for a
an instrument other than a Will sum equal to the amount or value of
the property concerned, as set forth in
the instrument, but not exceeding
153[two hundred rupees]
See also Settlement (No. 47)
Valuation - See Appraisement (No. 8)
171. Inserted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "
157[***]"
(2) the 27[pawn or pledge], of movable property, 36[xxx
xxx xxx], where such 27[pawn or pledge] has been made
by way of security for the repayment of money advanced
or to be advanced by way of loan or an existing or future
debt,-
(a) if such loan or debt is repayable not more than three Twenty-five paise for every hundred
months from the date of such instrument; rupees or part thereof
(b) If such loan or debt is repayable on demand or more Fifty paise for every hundred rupees or
than three months from the date of instrument evidencing part thereof subject to a maximum or
the agreement rupees two lakhs]
37[Provided that where a fresh
instrument of 38[xxx], pawn or pledge
of movable property is executed for
securing repayment of money already
advanced by way of loan between the
same parties and for the same purpose
and for the same amount and the duty
in respect of earlier instrument has
been paid, then the duty chargeable on
such fresh instrument is chargeable as
per clause (i) of Article 5 of this
Schedule].
14[39[Exemption:
1. Instruments of pawn or pledge of jewels wherein such
loan or debt is upto Rupees ten thousand.
2. Instruments of pawn or pledge of goods, if unattested.]
Note: "Goods" for the purpose of exemption means raw
materials and stock in trade only.]
174. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "Rupees five"
175. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "rupees twenty-five"
176. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "55[Six per cent] of
the value]"
177. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "Customs bond"
178. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "Of any goods or
commodities"
179. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "rupees 5000"
180. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "One hundred
rupees"
181. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "125[One thousand
rupees]"
182. Substituted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "Five hundred
rupees"
183. Inserted by the Karnataka Stamp (Amendment) Act, 2012 w.e.f. 01.04.2012 for the following :- "165[***]"
184. Substituted by Act No. 19 of 2014, w.e.f. 1-3-2014 for the following : -
"Provided that if the proper stamp duty is paid on power of attorney under Article 41(e) or 41 (eb) as the case may, be
executed between the same parties in respect of the same property, then the stamp duty chargeable on such agreement
under Article 5(e) shall not exceed rupees two hundred."
186. Substituted by Act No. 19 of 2-14, w.e.f. 1-3-2014 for the following : -
"11. Award.- that is to say, any decision in writing by an The same duty as a conveyance (under
arbitrator or umpire, not being an award directing a Article No. 20(1)) on the amount or
partition, on a reference made otherwise than by an order Market Value of the property (which is
of the Court in the course of a suit. the subject matter of the award), which
ever is higher."
188. Items (i) and (ii) Omitted by Act No. 19 of 2014, w.e.f. 1-3-2014 for the following : -
"(i) where the value of the goods does not exceeds Rs. 1000 Rupees one
Rupees five for every rupees one

(ii) Where the value of the goods exceeds Rs. 1000, thereof
thousand"
189. Explanation Inserted by Act No. 19 of 2014, w.e.f. 1-3-2014
190. Proviso Substituted by Act No. 19 of 2014, w.e.f. 1-3-2014 for the following : - " Provided that the duty paid on such
power of attorney is adjustable towards the duty payable on agreement for sale under Article 5(e) or on instrument of sale or
transfer, as the case may be, executed between the same parties in respect of the same property."
191. Proviso Substituted by Act No. 19 of 2014, w.e.f. 1-3-2014 for the following : - "Provided that the duty paid on such
power of attorney is adjustable towards the duty payable on agreement for sale under article 5(e) or on instrument of sale or
transfer, as the case may be, executed between the same parties in respect of the same property."
193. Substituted by Act No. 19 of 2014, w.e.f. 1-3-2014 for the following : -
"183[(ea) If relating to construction or development of an One Rupee for every one hundred
immovable property , including a multi-unit house or rupees or part thereof, on the market
building or unit of apartment or flat or portion of a multi- value of the property which is the
storied building by a developer or builder or promoter or subject matter of development in the
by whatever name called having a stipulation that, for power of attorney or on consideration,
such construction or development, the property shall be whichever is higher subject to a
held jointly by the developer or builder or promoter or by maximum of rupees fifteen lakhs].
whatever name called and the owner or lessee, as the 192[Provided that, if the proper stamp
case may be, of such property, or that it shall be sold duty is paid under clause (f) of Article 5
jointly by them or that a part of it shall be held jointly by on the Agreement, executed between
them and the remaining part thereof shall be sold jointly the same parties in respect of the same
by them. property, the stamp duty payable on
such Power of Attorney shall not exceed
rupees two hundred.]
194. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015.
195. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015, for the following:-"43[Fifty rupees]"
196. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015, for the following:-"44[Five hundred rupees for every rupees Ten
lakhs or part thereof]"
197. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015, for the following:-"53[One hundred rupees]"
198. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015, for the following:-
"76[(5)Conveyance relating to industrial Five per cent of the market value]"
machinery whether treated as moveable or
immoveable property
201. Clause (d) Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015 for the following:-
"(d) For hypothecation of Ten rupees for every ten thousands rupees or part thereof advanced,
movable property,- subject to a maximum of rupees ten thousand]"
202. Substituted for the words " one thousand rupees" by Act No. 16 of 2015, w.e.f. 1-4-2015.
203. Substituted for the words "Two rupees" by Act No. 16 of 2015, w.e.f. 1-4-2015.
204. Article 40-A Inserted by Act No. 16 of 2015, w.e.f. 1-4-2015.
205. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015 for the words "Five rupees"
"(a) when the amount secured does not exceed Rs. 1,000 The same duty as a Bond (No. 12) for
the amount secured
(b) in any other case 144[One hundred rupees]"
207. Substituted for the words "Ten rupee" by Act No. 16 of 2015, w.e.f. 1-4-2015 for the following:-"154[Ten rupees]"
208. Substituted by Act No. 16 of 2015, w.e.f. 1-4-2015 for the following-
"(g) If relating to sale of movable property Same duty as in sub-clause (e) of this article"
* Reference: (Substituted by Act No. 9 of 2009, w.e.f. 1-4-2009) Provided that, if the Proper stamp duty is paid under clause
(e), (ea) and (eb) of Article 41 on a power of attorney executed between the same parties in respect of the same property,
then the stamp duty under this article shall he as per Article 5(i)
"if such loan or debt is One rupee for every one thousand rupees or part thereof on the loan or
repayable on demand debt amount, subject to a maximum of rupees fifty thousand."
210. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"without"
211. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"Two per cent"
212. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-
"194[(i-e) Chit Agreement, executed in the State of
Karnataka under Section 6 of the Chit Funds Act, 1982,
where the value of chit,-
(i) does not exceed rupees one lakh Rupees one hundred
(ii) exceeds rupees one lakh nut does not exceed rupees Rupees one hundred
five lakhs
(iii) exceeds rupees five lakhs, for every rupees two lakhs Rupees one hundred"
or part thereof
213. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"159[Two per cent]"
214. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"161[Two percent]"
215. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"Two per cent"
216. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"1%"
217. Inserted by the Karnataka Stamp (Second Amendment) Act, 2016.
218. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"Rupees one thousand"
219. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"rupees one thousand."
220. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"The same duty as a
Conveyance (No. 20)"
221. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"The same duty as a
Conveyance (No. 20) for"
222. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"Rupees five hundred"
223. Substituted by the Karnataka Stamp (Second Amendment) Act, 2016, for the following:-"Rupees one thousand"
224. Inserted by the Karnataka Stamp (Fourth Amendment) Act, 2016.
225. Substituted by the Karnataka Stamp (Amendment) Act, 2017 Act No. 17 of 2017, w.e.f. 01-04-2017 for the following:-
"under section 394 of the Companies Act, 1956"
"One rupee for every ten thousand or part thereof on the value of 178[Goods or commodities or currencies], subject to a
maximum of fifty rupees."
"One rupee for every ten thousand or part thereof on the value of such security at the time of its purchase or sale, as the
case may be, subject to a maximum of fifty rupees."
"one rupee for every ten thousand or part thereof of the value of the security, at the time of its purchase or sale, as the case
may be, subject to a maximum of 202[rupees fifty]"
229. Substituted by the Karnataka Stamp (Amendment) Act, 2017 Act No. 17 of 2017, w.e.f. 01-04-2017 for the
following:- "one rupee for every ten thousand or part thereof subject to a maximum of fifty rupees"
following:- "one rupee for every ten thousand or part thereof subject to a maximum of fifty rupees"
following:- "one rupee for every ten thousand or part thereof subject to a maximum of fifty rupees."]
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Karnataka Stamp Act, 1957 Schedule

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KARNATAKA STAMP ACT, 1957 15/09/20, 1:20 PM

Provided that such repeal shall not affect.--

(c) any penalty, forfeiture or punishment incurred in respect of any offence

Schedule - STAMP-DUTY ON INSTRUMENTS

1[ SCHEDULE STAMP DUTY ON INSTRUMENTS

Art No. Description of Proper Stamp Duty

2[1. Acknowledgement of,-

(i) a debt written or signed by or on behalf

2. Administration bond, including a bond

(b) in any other case 7[One hundred rupees]

3. Adoption deed, that is to say, any 8[Five hundred rupees]

instrument (other than a Will), recording in

Advocate - See Certificate of enrolment as

4. Affidavit, including an affirmation or 9[Twenty rupees]

declaration in the case of persons by law

Exemptions: Affidavit or declaration in

(a) as a condition of enlistment to the

(b) for the immediate purpose of being filed

(c) for the sole purpose of enabling any

5. Agreement or 10[its records or]

exchange thousand or part thereof

(c) If relating to the purchase or sale of

thousand or part thereof of the

11[(d)If relating to a transaction of lease- The same duty as a

cum-sale in connection with the allotment of conveyance (No. 20) for a

a building site, with or without building market value equal to the

thereon, effected by the Bangalore security deposit and the

Development Authority constituted under amount of average annual rent

the Bangalore Development Authority Act, reserved under such

1976 (Karnataka Act No. 12 of 1976), the agreement]

City Improvement Trust Board, Mysore

registered under the Karnataka Co-operative

1959)], 13[or the allotment of industrial

functionaries in the yard by the Agricultural

the Karnataka Municipal Corporation Act,

14[(da)Where any instrument of lease-cum- The duty payable shall be as a

Authority constituted under the Bangalore market value equal to the

Development Authority Act, 1976 security deposit and the

(Karnataka Act No. 12 of 1976), the amount of average annual rent

Karnataka Housing Board constituted under reserved under such

the Karnataka Housing Board Act, 1962 agreement]

(Karnataka Act No. 10 of 1963) pertaining

15[2[(e)If relating to sale of immovable

property wherein part performance of the

(i) possession of the property is delivered or The same duty as a

is agreed to be delivered 210[before] Conveyance (No. 20) on the

executing the conveyance market value of the property

16[Provided that, where a deed

delivered hundred rupees or part thereof

(e) and clause (h) where subsequently on power of attorney under

185[Act No. 19 of 2014 w.e.f 1-3-2014

171[185[(f) If relating to construction or Two Rupees for every one

development of immovable property, hundred rupees or part

transferring or disposing off, in any way, the building or immovable

undivided property, consideration and

developer agrees to convey or transfer or Provided that, if the proper

agreed share or portion of the constructed clause (ea) of the Article 41 on

or developed building or immovable power of Attorney, executed by

may be. and in respect of the same

Explanation: The term "Developer" includes Explanation: The term "money

208[(g) If relating to sale of movable

(i) possession of the property is delivered or 211[Three per cent] of the

is agreed to be delivered without executing consideration or market value