[137]
GOVERNMENT OF PUDUCHERRY
DEPARTMENT OF REVENUE AND DISASTER MANAGEMENT
No. l350/DRDM/C3/2016.
Puducherry, the 8th March 2017.
NOTIFICATION
In exercise of the powers conferred by clause (a) of sub-section (1) of section 9 of the Indian Stamp Act, 1899
(Central Act 2 of 1899), (hereinafter referred to as the said Act) in its application to the Union territory of Puducherry
and in supersession of the Notification No. 8750/DRDM/C3/2008, dated the 20th April, 2010 of the Department of
Revenue and Disaster Management, Government of Puducherry and published in the Official Gazette No. 19, dated the
11th May, 2010, the Lieutenant-Governor, Puducherry, hereby makes the following amendment further to revise/compound
the stamp duty in so far as it relates to the registration of Instruments such as Deposit of Title Deeds while extending
loans by way of Equitable Mortgage, Construction Agreement and Power of Attorney, at the following rates, namely:—
(a) The maximum duty chargeable under the said Act, in respect of Instrument, described under column No. (2)
of the Table below against Serial Number (1) shall be as specified in column (3) thereof.
(b) The rate of duty chargeable and maximum duty chargeable in respect of Instruments, described in column
No. (2) of the Table below against Serial Numbers (2) and (3) shall be as specified in column (3) thereof.
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PART - I
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8 {
No.
29
Poudouchéry
Mercredi
8
Mars
2017 (17 Phalguna 1938)
No.
Puducherry
Wednesday
8th
March
2017
LA GAZETTE DE L'ETAT
[PART - I
138
online publication at “http://styandptg.puducherry.gov.in”
Government Central Press
Directorate of Stationery and Printing
Puducherry - 605 009
TABLE
Sl.
Description of Instrument
Rate
No.
(1)
(2)
(3)
This shall come into force with immediate effect.
(By order of the Lieutenant-Governor)
Dr. V. CANDAVELOU,
Secretary (Revenue)-cum-
Inspector-General of Registration.
(1) Memorandum of Deposit of Title Deeds
Agreement relating to deposit of title deeds
described under Article 6(l)(a) of the said Act.
(2) Mortgage Deed when possession of the property
or any part of the property comprised in such
Deed is given by the mortgagor or agreed to be
given described under Article 40(a) of the said Act.
(3) Mortgage Deed when possession is not given or
agreed to be given, described under Article
40(b) of the said Act.
(4) Construction Agreements
In relation to construction of building under
Article 5 of clause (c) of Schedule I of the said
Act.
(5) Power of Attorney
(i) For the registration of Power of Attorney
(with schedule of property shown) authorizing
the attorney to sell the immovable property
if, given to members of 'family' as defined
hereunder.
(ii) For the registration of Power of Attorney
(with schedule of property shown) authorizing
the Attorney to sell the immovable property,
if, given to a person other than members of
family.
(iii) For the registration of other Power of
Attorney (without schedule of property)
under Article 48 of schedule I of the said
Act.
One rupee for every ` 100 or part thereof of the
amount secured by such Deed subject to the maximum
of ` 25,000 (Rupees twenty five thousand only).
Three rupees for every ` 100 or part thereof of the
amount secured by such Deed. (Re. 0.50 stamp duty +
` 2.50 transfer duty).
One rupee for every ` 100 or part thereof of the
amount secured by such Deed subject to the maximum of
` 20,000 (Rupees twenty thousand only).
Two rupees for every hundred rupees or part thereof
of the cost of the proposed construction or the value
of construction or the consideration specified in the
agreement, whichever is higher.
1% subject to a ceiling of ` 5,000
5% subject to a ceiling of ` 20,000
` 100
Explanation:- For the abovesaid purpose, the word
'family' means father, mother, husband, wife, son,
daughter, grandchild. In the case of any one whose
personal law permits adoption, 'father' shall include an
adoptive father, 'mother' an adoptive mother, 'son' an
adopted son and 'daughter' an adopted daughter as
defined in Article 58 of Schedule I of the Indian Stamp
Act, 1899 (Central Act 2 of 1899).