In accordance with the Indian Stamp Act, 1899 read with the laws for stamp duty of respective States and Union Territories, the stamp duty is required to be paid in case of indemnity bond.
Please consult legal experts and professionals to determine accurate stamp duty before deciding to buy stamp papers or making stamp duty payments.
STATEs
Andhra Pradesh
Stamp duty on Indemnity Bond: The same duty as a security Bond (No: 48) for the same amount.
Stamp duty on Security Bond: 3% of the value of the security subject to a maximum of Rs. 100.
Source: registration ap gov in
Refer: The Indian Stamp (Andhra Pradesh Amendment) Acts & Rules.
Arunachal Pradesh
Article 34 - Stamp duty on Indemnity Bond:
The same duty as a security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 1,000: The same duty as a Bond (No. 15) for the amount secured,
(b) in any other case: Rs. 30.
Article 15 - Stamp duty on a Bond:
(i) where the amount or value secured does not exceed Rs. 10; Rupees two.
(ii) where it exceeds Rs. 10 and does not exceed Rs. 50; Rupees two.
(iii) where it exceeds Rs. 50 and does not exceed Rs. 100; Rupees three.
(iv) where it exceeds Rs. 100 and does not exceed Rs. 200; Rupees five.
(v) where it exceeds Rs. 200 and does not exceed Rs. 300; Rupees eight.
(vi) where it exceeds Rs. 300 and does not exceed Rs. 400; Rupees ten.
(vii) where it exceeds Rs. 400 and does not exceed Rs. 500; Rupees fourteen.
(viii) where it exceeds Rs. 500 and does not exceed Rs. 600; Rupees eighteen.
(ix) where it exceeds Rs. 600 and does not exceed Rs. 700; Rupees twenty-two.
(x) where it exceeds Rs. 700 and does not exceed Rs. 800; Rupees twenty-four.
(xi) where it exceeds Rs. 800 and does not exceed Rs. 900; Rupees twenty-seven.
(xii) where it exceeds Rs. 900 and does not exceed Rs. 1000; Rupees thirty.
(xiii) and for every Rs. 500 or part thereof in excess of Rs. 1,000. Rupees seven.
Source: arunachalpradesh gov in
Refer: The Indian Stamp Act, 1899 (in its application to the State of Arunachal Pradesh) (Arunachal Pradesh Amendment) Act, 2007.
Assam
Article 34 - Stamp duty on Indemnity Bond:
The same duty as a security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 1,000: The same duty as a Bond (No. 15) for the amount secured,
(b) in any other case: Rs. 50.
Article 15 - Stamp duty on a Bond:
where the amount or the value secured does not exceed Rs. 500; Rupees ten.
where it exceeds Rs. 500 and does not exceed Rs. 1000; Rupees twenty.
and for every Rs. 500 or part thereof in excess of Rs. 1,000. Rupees ten.
Source: igr assam gov in
Refer: The Indian Stamp (Assam Amendment) Act, 2004 and further amendments to the Indian Stamp Act, 1899, in its application to the State of Assam.
Bihar
Article 34 - Stamp duty on Indemnity Bond: The same duty as a security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond: 3% of the value of the security subject to a maximum of Rs. 1000.
Source: biharregd bihar gov in
Refer: The Indian Stamp (Bihar Amendment) Acts.
Chhattisgarh
Article 34 - Stamp duty on Indemnity Bond:
The same duty as a security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 5,000: The same duty as a Bond (No. 15) for the amount secured,
(b) in any other case: Rs. 250.
Article 15 - Stamp duty on a Bond:
On the amount or value secured: 2% of such amount or value.
Provided that if the value or the amount is not a multiple of rupees ten it shall be rounded off to the nearest multiple of rupees ten, five rupees and over being counted as ten rupees and less than five rupees being disregarded.
Source: cgstate gov in
Refer: The Schedule I-A as modified by the Indian Stamp (Chhattisgarh Amendment) Acts. The articles in schedule I-A are numbered so as to correspond with similar articles in schedule I of the Indian Stamp Act, 1899.
Goa
Article 33 - Stamp duty on Indemnity Bond:
The same duty as a security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 1,000: The same duty as a Bond (No. 15) for the amount secured,
(b) in any other case: Rs. 15.
Article 15 - Stamp duty on a Bond:
(i) where the amount or value secured does not exceed Rs. 10; Rupee one.
(ii) where it exceeds Rs. 10 and does not exceed Rs. 50; Rupees two.
(iii) where it exceeds Rs. 50 and does not exceed Rs. 100; Rupees three.
(iv) where it exceeds Rs. 100 and does not exceed Rs. 200; Rupees four.
(v) where it exceeds Rs. 200 and does not exceed Rs. 300; Rupees five.
(vi) where it exceeds Rs. 300 and does not exceed Rs. 400; Rupees six.
(vii) where it exceeds Rs. 400 and does not exceed Rs. 500; Rupees seven.
(viii) where it exceeds Rs. 500 and does not exceed Rs. 600; Rupees eight.
(ix) where it exceeds Rs. 600 and does not exceed Rs. 700; Rupees nine.
(x) where it exceeds Rs. 700 and does not exceed Rs. 800; Rupees ten.
(xi) where it exceeds Rs. 800 and does not exceed Rs. 900; Rupees eleven.
(xii) where it exceeds Rs. 900 and does not exceed Rs. 1000; Rupees twelve.
(xiii) and for every Rs. 500 or part thereof in excess of Rs. 1,000. Rupees eight.
Source: registration goa gov in
Refer: The Indian Stamp (Goa Amendment) Acts.
Gujarat
Stamp duty on Indemnity Bond: Rs. 100.
Source: stampsregistration gujarat gov in
Refer: Article 29 of Schedule-I of the Bombay Stamp Act, 1958 modified by the Bombay Stamp (Gujarat Amendment) Act, 2006.
Haryana
Stamp duty on Indemnity Bond: Rs. 100.
Source: jamabandi nic in
Refer: The Indian Stamp (Haryana Amendment) Act, 2018.
Himachal Pradesh
Stamp duty on Indemnity Bond: Rs. 15.
Source: himachal nic in
Refer: Article 34 of Schedule I-A of the Indian Stamp Act, 1899 as applicable to the State of Himachal Pradesh.
Jharkhand
Stamp duty on Indemnity Bond: Rs. ___.
Source: regd jharkhand gov in
Refer:
Karnataka
Stamp duty on Indemnity Bond: The same duty as a Security Bond (No. 47) for the same amount.
Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 1000: Re. 0.50 for every Rs. 100 or part thereof,
(b) in any other case: Rs. 200.
Source: kaverionline karnataka gov in & dpal karnataka gov in
Refer: Article 29 of the Schedule of the Karnataka Stamp Act, 1957 modified by Karnataka Stamp (Amendment) Acts.
Kerala
Article 32 - Stamp duty on Indemnity Bond:
The same duty as on a security bond (No. 50) for the same amount.
Article 50 -Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 1,000: 5% of the amount secured,
(b) in any other case: Rs. 500.
Source: keralaregistration gov in
Refer: The Kerala Stamp Act, 1959 read with amendments by the Kerala Finance Act, 2019.
Madhya Pradesh
Stamp duty on Indemnity Bond: Rs. 1,000.
Source: mpigr gov in
Refer: Article 37 of the Schedule I-A of the Indian Stamp Act, 1899 as modified by the Indian Stamp (Madhya Pradesh) Amendment Acts.
Maharashtra
Stamp duty on Indemnity Bond: Rs. 500.
Refer: Article 35 of Schedule-I of the Maharashtra Stamp Act, 1958.
The Maharashtra Stamp (Amendment) Act, 2015.
Manipur
Article 34 - Stamp duty on Indemnity Bond:
The same duty as a Security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 1000: The same duty as a Bond (No. 15) for the amount secured,
(b) in any other case: Rs. 18.
Article 15 - Stamp duty on a Bond:
where the amount or value secured does not exceed Rs. 10; Thirty paise.
where it exceeds Rs. 10 and does not exceed Rs. 50; Sixty paise.
where it exceeds Rs. 50 and does not exceed Rs. 100; One rupee twenty paise.
where it exceeds Rs. 100 and does not exceed Rs. 200; Three rupees.
where it exceeds Rs. 200 and does not exceed Rs. 300; Four rupees fifty paise.
where it exceeds Rs. 300 and does not exceed Rs. 400; Six rupees.
where it exceeds Rs. 400 and does not exceed Rs. 500; Eight rupees ten paise.
where it exceeds Rs. 500 and does not exceed Rs. 600; Ten rupees eighty paise.
where it exceeds Rs. 600 and does not exceed Rs. 700; Twelve rupees sixty paise.
where it exceeds Rs. 700 and does not exceed Rs. 800; Fourteen rupees sixty paise.
where it exceeds Rs. 800 and does not exceed Rs. 900; Sixteen rupees twenty paise.
where it exceeds Rs. 900 and does not exceed Rs. 1000; Eighteen rupees.
and for every Rs. 500 or part thereof in excess of Rs. 1,000. Nine rupees.
Refer: The Indian Stamp (Manipur Amendment) Act, 1979 & the Indian Stamp (Manipur Second Amendment) Act, 2011.
Meghalaya
Article 34 - Stamp duty on Indemnity Bond:
The same duty as a security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 1,000: The same duty as a Bond (No. 15) for the amount secured,
(b) in any other case: Rs. 30.
Article 15 - Stamp duty on a Bond:
(i) where the amount or value secured does not exceed Rs. 10; Rupees two.
(ii) where it exceeds Rs. 10 and does not exceed Rs. 50; Rupees two.
(iii) where it exceeds Rs. 50 and does not exceed Rs. 100; Rupees three.
(iv) where it exceeds Rs. 100 and does not exceed Rs. 200; Rupees five.
(v) where it exceeds Rs. 200 and does not exceed Rs. 300; Rupees eight.
(vi) where it exceeds Rs. 300 and does not exceed Rs. 400; Rupees ten.
(vii) where it exceeds Rs. 400 and does not exceed Rs. 500; Rupees fourteen.
(viii) where it exceeds Rs. 500 and does not exceed Rs. 600; Rupees eighteen.
(ix) where it exceeds Rs. 600 and does not exceed Rs. 700; Rupees twenty-two.
(x) where it exceeds Rs. 700 and does not exceed Rs. 800; Rupees twenty-four.
(xi) where it exceeds Rs. 800 and does not exceed Rs. 900; Rupees twenty-seven.
(xii) where it exceeds Rs. 900 and does not exceed Rs. 1000; Rupees thirty.
(xiii) and for every Rs. 500 or part thereof in excess of Rs. 1,000. Rupees seventeen.
Source: meghalaya gov in
Refer: The Indian Stamp (Meghalaya Amendment) Act, 1993 & the Indian Stamp (Meghalaya Amendment) Act, 2020.
Mizoram
Refer: the Indian Stamp (Mizoram Amendment) Act, 1996
Nagaland
Article 34 - Stamp duty on Indemnity Bond:
The same duty as a Security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 1000: The same duty as a Bond (No. 15) for the amount secured,
(b) in any other case: Twenty-four rupees seventy-five paise.
Article 15 - Stamp duty on a Bond:
where the amount or value secured does not exceed Rs. 10; Forty-five paise.
where it exceeds Rs. 10 and does not exceed Rs. 50; Eighty-two paise.
where it exceeds Rs. 50 and does not exceed Rs. 100; One rupee sixty-five paise.
where it exceeds Rs. 100 and does not exceed Rs. 200; Four rupees and ten paise.
where it exceeds Rs. 200 and does not exceed Rs. 300; Six rupees and twenty paise.
where it exceeds Rs. 300 and does not exceed Rs. 400; Eight rupees and twenty-five paise.
where it exceeds Rs. 400 and does not exceed Rs. 500; Eleven rupees and twenty paise.
where it exceeds Rs. 500 and does not exceed Rs. 600; Fourteen rupees and ninety paise.
where it exceeds Rs. 600 and does not exceed Rs. 700; Seventeen rupees and thirty-five paise.
where it exceeds Rs. 700 and does not exceed Rs. 800; Nineteen rupees and eighty paise.
where it exceeds Rs. 800 and does not exceed Rs. 900; Twenty-two rupees and thirty paise.
where it exceeds Rs. 900 and does not exceed Rs. 1000; Twenty-four rupees and seventy-five paise.
and for every Rs. 500 or part thereof in excess of Rs. 1,000. Twelve rupees and thirty paise.
Refer:
The Indian Stamp Duty (Nagaland Amendment) Act,1989.
The Indian Stamp (Nagaland Second Amendment) Act, 1999.
The Indian Stamp (Nagaland Third Amendment) Act, 2004.
Odisha
Minimum Stamp: Rs. 100
% of Stamp Fee: 0
Registration Fee: 2%
User Fee: Rs. 75
Source: igrodisha gov in
Refer: The Indian Stamp (Odisha Amendment) Acts and Rules.
Punjab
Article 34 - Stamp duty on Indemnity Bond:
The same duty as a security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 1,000: The same duty as a Bond (No. 15) for the amount secured,
(b) in any other case: Rs. 15.
Article 15 - Stamp duty on a Bond:
where the amount or value secured does not exceed Rs. 500; Stamp duty Rs. 10.
where it exceeds Rs. 500 and does not exceed Rs. 1,000; Stamp duty Rs. 20.
And for every Rs. 500 or part thereof in excess of Rs. 1,000; Stamp duty Rs. 10.
Source: revenue punjab gov in
Refer: The Indian Stamp (Punjab Amendment) Acts.
Rajasthan
Stamp duty on Indemnity Bond: The same duty as on a security bond (No. 50) for the same amount.
Stamp duty on Security Bond: 0.5% of the amount secured, subject to a minimum of Rs. 200
Stamp Duty after Rebate: 0.1% (Check notification dated 21.03.1998)
Source: igrs rajasthan gov in
Refer: Article 32 of the Schedule of the Rajasthan Stamp Act, 1998.
Sikkim
Tamil Nadu
Stamp duty on Indemnity Bond: Rs. 200.
Source: tnreginet gov in
Refer: Article 29 of the Schedule of the Tamil Nadu Stamp Act, 2019.
Telangana
Stamp duty on Indemnity Bond: The same duty as a security Bond (No: 48) for the same amount.
Stamp duty on Security Bond: 3% of the value of the security subject to a maximum of Rs. 500.
Source: registration telangana gov in
Tripura
Article 34 - Stamp duty on Indemnity Bond:
The same duty as a Security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
SECURITY BOND OR MORTGAGED DEED, executed by way of security for the due execution of an office or to account for money or other property received by virtue thereof, or executed by a surety to secure the due performance of a contract--
(b) in any other case. Rs. 500.
Source: revenue tripura gov in
Refer: The Indian Stamp (Tripura Fifth Amendment) Act, 2020, an Act further to amend the Indian Stamp Act, 1899 in its application to the State of Tripura.
Uttar Pradesh
Article 33 - Stamp duty on Indemnity Bond:
The same duty as a Security Bond not being a mortgage deed (No. 55) for the same amount.
Article 55 - Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 100, the stamp duty payable is Rs. 10.
(b) in any other case, the stamp duty payable is Rs. 100.
Source: igrsup gov in
Refer: The Schedule of the Uttar Pradesh Stamp Act, 2008.
Uttarakhand
Article 34 - Stamp duty on Indemnity Bond:
The same duty as a security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
(a) where the amount secured does not exceed Rs. 100, the stamp duty payable is Rs. 10.
(b) in any other case, the stamp duty payable is Rs. 100.
Source: registration uk gov in
Refer: Article 34 of Schedule-I of the Indian Stamp Act, 1899 (as applicable in Uttarakhand) and as modified by the Indian Stamp (Uttarakhand Amendment) Acts.
West Bengal
Article 34 - Stamp duty on Indemnity Bond:
The same duty as a Security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 1000: The same duty as a Bond (No. 15) for the amount secured,
(b) in any other case: Rs. 50.
Article 15 - Stamp duty on a Bond:
where the amount or value secured does not exceed Rs.50; Rupees two.
where it exceeds Rs.50 and does not exceed Rs. 100; Rupees four.
where it exceeds Rs.100 and does not exceed Rs. 200; Rupees eight.
where it exceeds Rs.200 and does not exceed Rs. 300; Rupees twelve.
where it exceeds Rs.300 and does not exceed Rs. 400; Rupees sixteen.
where it exceeds Rs.400 and does not exceed Rs. 500; Rupees twenty.
where it exceeds Rs.500 and does not exceed Rs. 600; Rupees twenty-four.
where it exceeds Rs.600 and does not exceed Rs. 700; Rupees twenty-eight.
where it exceeds Rs.700 and does not exceed Rs. 800; Rupees thirty-two.
where it exceeds Rs.800 and does not exceed Rs. 900; Rupees thirty-six.
where it exceeds Rs.900 and does not exceed Rs. 1000; Rupees forty.
and for every Rs. 500 or part thereof in excess of Rs. 1,000. Rupees twenty.
Source: wbregistration gov in
Refer: The Schedule-IA of the Indian Stamp Act, 1899 as modified by the Indian Stamp (West Bengal Amendment) Acts.
UNION TERRITORIES (UTs)
Andaman and Nicobar Islands
Chandigarh
Dadra and Nagar Haveli Daman and Diu
Article 33 - Stamp duty on Indemnity Bond:
The same duty as a security Bond (No. 57) for the same amount.
Article 57 - Stamp duty on Security Bond:
(a) when the amount secured does not exceed Rs. 1,000: The same duty as a Bond (No. 15) for the amount secured,
(b) in any other case: Rs. 15.
Article 15 - Stamp duty on a Bond:
where the amount or value secured does not exceed Rs. 10; Rupee one.
where it exceeds Rs. 10 and does not exceed Rs. 50; Rupees two.
where it exceeds Rs. 50 and does not exceed Rs. 100; Rupees three.
where it exceeds Rs. 100 and does not exceed Rs. 200; Rupees four.
where it exceeds Rs. 200 and does not exceed Rs. 300; Rupees five.
where it exceeds Rs. 300 and does not exceed Rs. 400; Rupees six.
where it exceeds Rs. 400 and does not exceed Rs. 500; Rupees seven.
where it exceeds Rs. 500 and does not exceed Rs. 600; Rupees eight.
where it exceeds Rs. 600 and does not exceed Rs. 700; Rupees nine.
where it exceeds Rs. 700 and does not exceed Rs. 800; Rupees ten.
where it exceeds Rs. 800 and does not exceed Rs. 900; Rupees eleven.
where it exceeds Rs. 900 and does not exceed Rs. 1000; Rupees twelve.
and for every Rs. 500 or part thereof in excess of Rs. 1,000. Rupees eight.
Refer: The Indian Stamp (Goa, Daman and Diu Amendment) Act, 1968 as amended from time to time.
Jammu & Kashmir (J&K)
Article 28 - Stamp duty on Indemnity Bond:
The same duty as a security Bond (No. 49) for the same amount.
Article 49 - Stamp duty on Security Bond:
Five hundred rupees.
Refer: Schedule-I of the Stamp Act, 1977 as amended by Act No. XII of 2011.
Ladakh
Lakshadweep
National Capital Territory of Delhi (NCT of Delhi)
Minimum stamp duty on Indemnity Bond: Rs. 100.
Source: revenue delhi gov in
Refer: The Indian Stamp (Delhi Amendment) Acts.
Puducherry (Pondicherry)
Minimum stamp duty on Indemnity Bond: Rs. 22.50.
Source: regn py gov in
Refer: The Indian Stamp (Pondicherry Amendment) Acts.
Thanks for the stamp duty information
ReplyDeleteTamil nadu is 80 for documents above 1000 rupees
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