LIC EKM -CONSOLIDATED STAMP DUTY

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Regn.No. KERBIL/2012/45073 dated 05-09-2012 with RNI Reg No.KL/TV(N)/634/2021-2023 മകരള സർകാർ Government of Kerala 2024

മകരള ഗസറ്

KERALA GAZETTE

അസാധാരണം

EXTRAORDINARY

ആധികാരികാേയി ്പസിദറ്റപടുതുനത

PUBLISHED BY AUTHORITY

തിരുവനനപുരം,

2024 ജനുവരി 12 12th January 2024

ചവളി

നർേ

No. 128 വാലം 13 Vol. XIII

1199 ധനു 27 27th Dhanu 1199 Thiruvananthapuram, Friday

1945 ചപൗഷം 22 22nd Pousha 1945

GOVERNMENT OF KERALA

Taxes (J) Department

ORDER

G.O.(P)No.1/2024/TAXES. Dated, Thiruvananthapuram, 11th January, 2024

26th Dhanu, 1199

S. R. O. No. 34/2024

In exercise of the powers conferred by clause (b) of subsection (1) of section 9 of the Indian Stamp Act, 1899 (Central Act 2 of 1899), the Government of Kerala, hereby permit the Life Insurance Corporation of India to pay consolidated stamp duty of Rs.50,00,000 (Rupees Fifty Lakhs only) chargeable on account of stamp duty on policies of insurance to be utilized by all branches under the jurisdiction of Ernakulam Division in the State of Kerala for new policies of insurance being issued bythe said corporation at the rate of 20 paise each on every policy of insurance of face value of Rs.1,000 This is a digitally signed Gazette. Authenticity may be verified through https://compose.kerala.gov.in/

2 (Rupees One Thousand only) for the period from 1st November, 2023 to 31st March, 2024 under the said Act, in the State of Kerala.

By order of the Governor, MIR MOHAMMED ALI I A S Additional Secretary And Officer On Special Duty Explanatory Note

(This does not form part of the order, but is intended to indicate its general purport.)

The Life Insurance Corporation of India, Ernakulam Division has remitted Rs.50,00,000 (Rupees Fifty Lakhs only) being the consolidated stamp duty on policies of insurance being utilized by all branches under the jurisdiction of Ernakulam Division for the period from 1st November, 2023 to 31st March, 2024 under the head of account "0030-Stamps and Registration Fees-02-Stamps-Non- Judicial-103- Duty on impressing of documents-99-Duty recovered under Indian Stamp Rules" vide Chalan No.KL028160585202324M dated 19th December, 2023 in the Additional Sub Treasury, Ernakulam and has requested for the issuance of necessary Government order providing consolidation of duty to the Life Insurance Corporation of India, Ernakulam Division in the State of Kerala. The Government have examined the matter in detail and decided to allow the request.

The order is intended to achieve the above object.

____________________________________________________________________________________________________________________________ PUBLISHED BY THE SUPERINTENDENT OF GOVERNMENT PRESSES AT THE GOVERNMENT CENTRAL PRESS, THIRUVANANTHAPURAM, 2024 This is a digitally signed Gazette. Authenticity may be verified through https://compose.kerala.gov.in/