Amendment status not verified — confirm the current text below against the official source.
the pawn or pledge of movable property, where such deposit, 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 on Five Rupees if the amount of demand or more than three months from loan does not exceed Rs. 5001- the date of the instrument evidencing the Ten Rupees if the amount agreement. exceed Rs. 5001- but does not exceed Rs. 1 0001- if the amount of loan does not exceed Rs. Ten Rupees for every Rs.10001- 500; if it exceeds rupees 500 and not or part thereof in excess of exceed Rs. 1000; and for every rupees Hald the duty payable under 1000 or part thereof in excess of Rs. 1000. Rs. 1000/- b. if such loan or debt repayable not more Half the duty payable under than three months from the date of such sub-clause (a) instrument. Exemption Instruments of pawn or pledge of goods if unattested.