Amendment status not verified — confirm the current text below against the official source.
In the Kerala Stamp Act, 1959 (17 of 1959),-- (1) after section 30, the following section shall be inserted, namely:-- "30A. No surcharge on stamp duty.-- Notwithstanding anything contained in the Kerala Panchayath Raj Act, 1994 (13 of 1994) or in the Kerala Municipality Act, 1994 (20 of 1994), no surcharge on stamp duty shall be levied and collected on any instrument by a Grama Panchayat, Municipality or Municipal Corporation."; (2) in section 45A,-- (i) in sub-section (1), the words and symbols "other than an instrument of partition, settlement or gift among members of a family," shall be omitted; (ii) in sub-section (3), for the words "the instrument shall be duly registered", the words "he shall duly register such instrument and certify by endorsement on the instrument under his seal and signature that proper stamp duty has been charged and paid" shall be substituted; (3) in the SCHEDULE,-- (i) in serial number 5, in clause (d), for the entries against it in column (3), the following entries shall be substituted, namely:-- "One hundred rupees"; (ii) in serial number 6 for sub-clause (a) and (b) the following shall be substituted, namely:-- "(i) If the amount secured is up to rupees 5 lakhs 0.5% of the amount (ii) If the amount secured exceeds rupees 5 lakhs but does not exceed rupees 20 lakhs 0.5% of the amount subject to a maximum of rupees 5,000. (iii) If the amount secured exceeds rupees 20 lakhs but does not exceed rupees 50 lakhs 0.5% of the amount subject to a maximum of rupees 10,000. (iv) If the amount secured exceeds rupees 50 lakhs 0.25% of the amount subject to a minimum of rupees 20,000 and a maximum of rupees 25,000.”; (iii) in serial number 21, for the entries in column (3), the following entries shall be substituted, namely:-- "Seven rupees for every rupees 100 or part thereof of the fair value of the land or the amount or value of the consideration for such conveyance, whichever is higher."; (iv) for serial number 22 and the entries against it in columns (2) and (3), the following serial number and entries shall respectively be substituted, namely:-- "22 Conveyance as defined by section 2(d), not being a transfer charged or exempted under No. 55 of immovable property situated (i) within the Municipalities/Townships/ Cantonments other than Corporations. Eight rupees for every rupees 100 or part thereof of the fair value of the land or the amount or value of the consideration for such conveyance, whichever is higher. (ii) within the Municipal Corporations. Nine rupees for every rupees 100 or part thereof of the fair value of the land or the amount or value of the consideration for such conveyance, whichever is higher."; (v) in serial number 29, for the entries in column (3), the following entries shall be substituted, namely:-- "The same duty as a conveyance (No. 21 or 22 as the case may be) for the fair value of the land or for the amount of the consideration, whichever is higher, of the property of the greater value as set forth in such instrument." (vi) for serial number 31 and the entries against it in columns (2) and (3), the following serial number and entries shall respectively be substituted, namely:-- "31 Gift - instrument not being a settlement or will or transfer, (i) where the gift is in favour of father, mother, husband, wife, son, daughter, brother or sister of a person. Two rupees for every rupees 100 or part thereof of the fair value of the land or the value set forth in the instrument, whichever is higher. (ii) in any other case The same duty as a conveyance (No. 21 or 22 as the case may be)."; (vii) in serial number 42,-- (a) in clause (i), for the entries in column (3), the following entries shall be substituted, namely:-- "One rupee for every rupees 100 or part thereof of the amount of the value or fair value of the separated share or shares of the property, whichever is higher."; (b) in clause (ii), for the entries in column (3), the following entries shall be substituted, namely:-- "Six rupees for every rupees 100 or part thereof of the amount of the value or fair value of the separated share or shares of the property, whichever is higher."; (c) for the existing explanation the following shall be substituted, namely:-- "Explanation.-- Family means father, mother, husband, wife, son, daughter, brother, sister and legal heirs of the deceased children, if any, as the case may be.". (viii) in serial number 44,-- (a) in clause (a), for the entries in column (3), the following entries shall be substituted, namely:-- "Fifty rupees."; (b) in clause (b), for the entries in column (3), the following entries shall be substituted, namely:-- "One hundred rupees."; (c) in clause (c), for the entries in column (3), the following entries shall be substituted, namely:-- "Three hundred rupees."; (d) in clause (d), for the entries in column (3), the following entries shall be substituted, namely:-- "One thousand rupees."; (e) in clause (e), for the entries in column (3), the following entries shall be substituted, namely:-- "The same duty as a conveyance (No. 21 or 22 as the case may be) for the fair value of the land or for the amount of the consideration, whichever is higher."; (f) in clause (f), for the entries in column (3), the following entries shall be substituted, namely:-- "The same duty as a conveyance (No. 21 or 22 as the case may be) for the fair value of the land or the amount of consideration/estimate, whichever is higher."; (g) in clause (g), for the entries in column (3), the following entries shall be substituted, namely:-- "Rupees three hundred for each person authorised."; (ix) in serial number 48, for clauses (a) and (b), the following clauses shall be substituted, namely:-- "(q) " 15000 kg " 20000 kg " 4240 + Rs. 160 for every 250 kg. or part thereof in excess of 15000 kg. (r) 20000 kg 7440 + Rs. 220 for every 250 kg. or part thereof in excess of 20000 kg." (x) in serial number 51, for clause (a) and the entries against it in columns (2) and (3), the following clause and entries shall respectively be substituted, namely:-- "(a) and to carry not more than 3 passengers (Autorickshaws) and using fuel petrol and diesel 125.00 (aa) and to carry not more than 3 passengers (Autorickshaws) and using fuel other than petrol and diesel 115.00 (ab) and used for carrying more than 2 passengers but not more than 6 passengers other than motor cabs and Tourist Motor Cabs (e-rickshaws) 125.00";