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Stamp Duty on "Indemnity Bond" Statewise in India

In accordance with the Indian Stamp Act 1899 read with the laws for stamp duty of respective States and Union Territories - stamp duty is required to be paid in case of indemnity bond.


State

Rate of Stamp Duty

Applicable Law

Reference

Andhra Pradesh

Three per centum of the value of the security subject to a maximum of rupees one hundred.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Andhra   Pradesh Extension and Amendment) Act, 1959

Arunachal Pradesh

The same duty as a Security Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Arunachal Pradesh Amendment) Act, 2007

Assam

The same duty as a Security-Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Assam Amendment) Act, 2004

Bihar
The same duty as Security Bond (No. 57) for the same amount subject to a maximum of Rs. 1000/- (Rupees One Thousand).
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Bihar Amendment) Act, 1991



Chhattisgarh

(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Chhattisgarh Amendment) Act, 2005

Goa

The same duty as a Security Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Goa, Daman and Diu Amendment) Act, 1968


(c) The Indian Stamp (Goa Amendment) Act 2015

Gujarat

Rs. 100 (Rupees One Hundred Only)
(a) Bombay Stamp (Gujarat Amendment) Act, 2006

Haryana

The same duty as a Security Bond (No. 57)
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Haryana Amendment ) Act, 1971

Himachal Pradesh

The same duty as a Security Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Himachal Pradesh Amendment) Act, 1952



Jammu & Kashmir (J&K)

The same duty as security-bond (No.49) for the same amount.
(a) The Stamp (Amendment) Act, 2011

Jharkhand

(a) The Indian Stamp Act, 1899

Karnataka

The same duty as a Security Bond (No. 47) for the same amount.
(a) Karnataka Stamp Act, 1957


(b) Karnataka Stamp (Amendment) Act 2015

Kerala

The same duty as a Security Bond (No. 50) for the amount.
(a) The Kerala Stamp Act, 1959



Madhya Pradesh

The same duty as a Bond (No. 14) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Madhya Pradesh Amendment) Act, 2014

Maharashtra

Rs. 500 (Rupees Five Hundred Only)
(a) Maharashtra Stamp Act,   1958


(b) Maharashtra Stamp (Amendment) Act, 2015

Manipur

(a) The Indian Stamp Act, 1899

Meghalaya

The same duty as a security Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Meghalaya Amendment) Act,   1993

Mizoram

The same duty as a Security Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Mizoram Amendment) Amending Act, 1996



Nagaland

The same duty as a Security Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Nagaland Amendment), 1989

Odisha (Orissa)

The same duty as a Security Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Orissa Amendment) Act, 2001

Punjab

The same duty as a Security Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Punjab   Amendment ) Act, 2005


Rajasthan

0.5% of secured amount, min 200 rupees.
(0.1% post rebate, if applicable)
(a) The Indian Stamp Act, 1899


(b) The Rajasthan Stamp Act, 1998

Sikkim

(a) The Indian Stamp Act, 1899

Tamil Nadu   

Rs. 200 (Rupees Two Hundred Only)
(a) The Indian Stamp Act, 1899


(b) Tamil Nadu Stamp Act,  2013


Telangana

The same duty as a security Bond (No: 48) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Andhra   Pradesh Extension and Amendment) Act, 1959

Tripura

(a) The Indian Stamp Act, 1899

Uttar Pradesh

The same duty as a Security-Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Uttar Pradesh Amendment) Act, 1997





Uttarakhand

The same duty as a Security-Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Uttarakhand Amendment ) Act, 2002

West Bengal

The same duty as a Security-Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (West Bengal Amendment) Act,   1987



Union Territories

Rate of Stamp Duty

Applicable Law

Reference

Andaman and Nicobar Islands

(a) The Indian Stamp Act, 1899
Chandigarh

(a) The Indian Stamp Act, 1899
Dadra and Nagar   Haveli

(a) The Indian Stamp Act, 1899
Daman and Diu

The same duty as a Security Bond (No. 57) for the same amount.
(a) The Indian Stamp Act, 1899


(b) The Indian Stamp (Goa, Daman and Diu Amendment) Act, 1968

National Capital Territory of Delhi (NCT of Delhi)

The same duty as a Security Bond (No. 57) for the same amount.
(a) The Indian Stamp (Delhi Amendment) Act, 2001

Lakshadweep

(a) The Indian Stamp Act, 1899

Puducherry (Pondicherry)

(a) The Indian Stamp Act, 1899




Disclaimer: We have made best efforts to compile the above information. However, you are requested to refer to the relevant Stamping laws in force of the concerned State/Union Territory and/or consult with respective statutory authorities before proceeding with any actual transaction. We shall not be held responsible for any discrepancy or inaccuracy found in the above information. Any discrepancy found in the above may be brought to our notice through email or comment below.

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