SCHEDULE - Board Of Revenue, Sindh
DESCRIPTION OF INSTRUMENTSPROPER STAMP DUTYSCHEDULESTAMP DUTY ON INSTRUMENTS(SEE SESSION 3)1.Acknowledgement of a debit written on signed by or on behalf of, adebtor in order to supply evidence of such debt in any book other than abanker’s pass-book or on separated piece of paper when such book or paperis left in the creditor’s possession where acknowledgement does not containany promise to pay the debt or any stipulation to pay the interest or todeliver any goods, other property, orReceipt, as defined by section 2(23) for any money or other property the amountof value which(a) Where such amount is upto two thousand rupees(b) Where such amount exceeds Two thousand rupeesTwo rupeesFive rupeesEXEMPTIONSReceipts(a)endorsed on or contained in any instrument duly stamped or any instrumentexempted under the proviso to section 3 (instruments executed on behalf ofthe Government) or any cheque or bill of exchange, payable on demandacknowledging the receipt of the consideration money therein expressed, orthe receipt of any principal-money interest, or annuity, or other periodicalpayment thereby secured;(b)for any payment of money without consideration;(c)for any payment of rent by a cultivator on account of land accessed togovernment revenue;(d)for pay or allowances by non-commissioned or petty officers, soldiers,sailors or airmen of the armed forces of Pakistan, Pakistan military, navalor airforces, when serving in such capacity, or by mounted policeconstables;(e)given by holders of family certificates in cases where the person fromwhose pay or allowances the sum comprised in the receipt has beenassigned as a non-commissioned or petty officer, soldier sailor or airmen,or any of the said forces and serving in such capacity;7
DESCRIPTION OF INSTRUMENTSPROPER STAMP DUTY(f)for pensions or allowances by persons receiving such pensions orallowances in respect of the services as such, non-commissioned or pettyofficers, soldiers, sailors or airmen, and not serving the State in any othercapacity;(g)given by a headman or lambardar for land-revenue or taxes collected byhim;(h)given for money or securities for money deposited in the hands of anybanker to be accounted for;Provided that the same is not expressed to be received of, or by the handsof, any other than the person to whom the same is to be accounted for;Provided also that this exemption shall not extend to receipt oracknowledgement for any sum paid or deposited for, or upon a letter ofallotment of a share, or in respect of a call upon any script or share of, or inany incorporated company or other body corporate or such proposed orintended company or body in respect of a debenture being a marketablesecurity.COMMENTARY1.Joint receipts for a sum in excess of Rs. 160 composed of personalsalary and Government contingent not liable to stamp duty. Twoseparate receipts to be given.A joint receipt given by a Government servant for a sum in excess ofRs. 160, is for his own salary part which, not exceeding Rs. 160 is for hisown salary and the rest for a contingent allowance which he receives forexpenditure on behalf of Government, is not liable to stamp duty. Such areceipt is really two receipts in one. It is receipt given by him in hispersonal character for his salary and it is a receipt given by him in officialcapacity for money with which he is entrusted on behalf of Government.Separate receipts should, however, be invariably given for money receivedby an officer on his own account and for money drawn for expenditure onbehalf of Government (G.R. No. 7508, dated 20th September 1884).2.Stamped receipts not necessary when an officer of a Civil Courtreceives back the money paid to a Government Treasury for Custody.8
DESCRIPTION OF INSTRUMENTSPROPER STAMP DUTYWhen a Civil Court attaches money in the hands of Government, payableby Government of a person against whom a decree has been passed by theCivil Court, it is not necessary that the Civil Court should give to theGovernment officer in whose possession the money is, a receipt on a onerupee stamp before that money can be paid to the Court executing thedecree. Such receipts are exempted from stamp duty under article 15(b) ofSchedule 11 to the Stamp Act (1 of 1879) (now article 1) If money whichhas been attached under Section 272 of the Civil Procedure Code, isafterwards paid into the Court which attached it, the payment is a paymentof money without consideration it is a mere transfer of the money from thecustody of one authority to another, in order that the letter may disburse itto the party or parties entitle to it. (LR. No. 519 dated 7th April 1892, videG.R. J.D. No. 2443 dated 6th May 1892 and G.M. No. 4423, dated 25thidem).3.Local Bodies(a) MunicipalitiesReceipts for sums exceeding Rs. 160 passed by the Municipalities onaccount of house tax are liable to stamp duty.Receipts passed by municipalities on account of house tax and cesses, &c.,for sums exceeding Rs. 160 are not exempt from stamp duty. Article 15(b)of the schedule II to the Stamp Act (now Article 1) exempts from stampduty a receipt for payment of money “without consideration”. Theexemption was intended apparently to apply to receipts for “voluntary”payments which in the ordinary legal acceptation of the terms are paymentswithout consideration, such as payments made merely in consideration ofnatural love or affection or mere gifts. But the receipts in question are forpayment of house rent c., due to the Municipality under the Act constitulingthe Municipality. The payment is not gratuitous, but one in satisfaction ordischarge of a legal obligation imposed by the Act, and in order or relievethe payer from the consequence which would ensue in case of hiscommitting default and is therefore, not one without “consideration”. (G.R.No. 586, dated 1st September, 1887).(b) Local Boards.Receipts and cheques executed by officers of Local Board not exemptsfrom duty.Under Section 50 of the Local Boards Act, money required by a LocalBoard to provide or replenish a permanent advance can only be drawn fromthe Government Treasury by cheque. Rule 46 of the Bombay Local Board’s9
DESCRIPTION OF INSTRUMENTSPROPER STAMP DUTYRules prescribes the form of cheque. It may be doubted whether this orderis properly designated a cheque as defined in the General Stamp Acct. Onthe ground that, in the case of Local Funds which under section 44 of theAct, Government is bound to keep, it cannot be said to be acting as abanker. But even if this doubt is correct, the document fulfils the conditionsof a bill of exchange as defined in Section 5 of Act XXVI of 1881 and isequally liable, if for more than Rs. 160 to a stamp duty of one rupee (or tworupees) under Article 11 (a) of Schedule 1 of the General Stamp Act (nowarticle 1).There is no rule which requires that first cheque drawn for money requiredto begin a permanent advance to be accompanied by any receipt at all. Inthe absence of any such rule, any demand for a receipt seems irregular. Itwould be quite sufficient if the cheque were merely accompanied by amemorandum stating the purpose for which the money was required, butnot in the form of a receipt. If however, for any reason a writtenacknowledgment of the receipt of money (over Rs. 160) is given by theofficer drawing the cheque, it must be stamped, as it appears to be a receiptas defined in the General Stamp Act.As regards money drawn to recoup advances, Rule 45 prescribes exactlywhat documents must accompany the cheque, viz. a bill supported by subvouchers. There is nothing requiring the receipt of the officer who drawsthe money, and the bill which he sends should not be in the form of areceipt, if for any reason he does give a written acknowledgement of receiptof money (over Rs. 160) it must be stamped, but his doing so seems quitesuperfluous.For the reasons given by the Adocate General of Bengal, (quoted in G.R.No. 2759, dated 26th September 1885) documents executed by officers ofLocal Boards are liable to stamp duty (L.R. No. 690, dated 20th May 1887,vide G.R. No. 4021, dated 2nd July 1887).Receipt Drawn on account of an Incorporated Local Fund liable tostamp duty.Extract para 2 of G.I. Letter No. 3429 S. R. dated 28th July 1889.“It will be seen that the fund is an Incorporated Local Fund, deriving itsrevenue from the cess levied under section 6 of Bombay Actg IV of 1881for local purpose. Receipts drawn on account of such a fund are chargeablewith stamp duty when the value exceeds Rs. 160.” (Vide G.R. No. 6078,dated 30th August 1899).10
DESCRIPTION OF INSTRUMENTSPROPER STAMP DUTY(c) Karachi Port TrustReceipts granted by Karachi Port Trust in excess of Rs. 160 on accountof wharfage fees liable to stamp duty.Receipts for sums in excess of Rs. 160 on account of wharfage fees, & c.,granted by the Karachi Harbour Board are liable to stamp duty andGovernment do not see any reason to exempt such receipts from thepayment of duty. (G.R. No. 4775, dated 11th June 1885).4. ExemptionEndorsement on Railway receipt sent through post exempt from stampduty.A one-rupee (or two rupees) receipts stamp is nto required on endorsementon railway receipts sent through the Post Office under the value payablesystem. (G.I.F. & C. No. 5198, dated 29th September 1887; vide G.R. No.7801, dated 14th November 1887).5. A receipt acknowledging the delivery of immovable property valuedmore than Rs. 160 not liable to stamp duty.A receipt acknowledging the delivery of immovable property valuedmore than Rs. 160 not liable to stamp duty under article 53 of schedule1 (now article) of the Act (L.R. No. 1078 dated 11th July 1902. G.R. No.285 dated 31st July 1902).2.Affidavit, including an affirmation or declarationFifty rupeesin the case of persons by law allowed to affirmor declare instead of swearing.EXEMPTIONSAffidavit or declaration in writing when made:(a)as a condition of enrolment under the Indian Army Act, 1911,or the Pakistan Army Act, 1952 or the Indian Air Force Act,1932, or the Pakistan Air Force Act, 1953;(b)for the immediate purpose of being filed or used in any Courtor before the office of any Court; or11
DESCRIPTION OF INSTRUMENTS(c)PROPER STAMP DUTYfor the sole purpose of enabling any person to receive anypension or charitable allowance.COMMENTARYFor the purpose of sub-section (3) of section 3 of the Ordinance, the proof ofbeing a non-Muslim will be constituted by a solemn affirmation to be witnessedby two persons and to be submitted in writing even on plain paper and the proofof being non-citizen of Pakistan will be constituted by a photo copy of thepassport accompanied by a soleman affirmation in writing even on plain paperthat the person does not hold the nationality of Pakistan (Clause 4 of Rule 4 of theZakat Deduction and Refund Rules, 1980).3.Agreement or Memorandum of an Agreement(a)if relating to the sale of transfer of aregistered motor vehicle;Five hundredrupees(b)if relating to the sale of an immovableproperty;Five hundredrupees(c)if relating to the re-conveyance ofmortgaged property;Five hundredrupees(d)if relating to the instrument of partnership or dissolution of partnership;Two thousandrupees(e)if not otherwise provided for;One hundredrupeesCOMMENTARY(i)Explanation. Where there is an absolute bonafide sale andconveyance, with collateral agreement for repurchase and reconveyance on repayment of purchase money, the latter agreementdoes not legally cancel the original deed of sale and covert the saleinto a mortgage; the re-conveyance on the repayment of the originalmoney should not, therefore, be considered a re-conveyance ormortgaged property within the meaning of article 53 (now 3) ofschedule 1 of the Stamp Act. (L.R. 065 dated 11th August 1885, videG.R. 6842 dated 22nd idem).12
DESCRIPTION OF INSTRUMENTS(ii)PROPER STAMP DUTYInterpretation of the words “such consideration” in col. 2 ofArticle 54. (now Article 3).Extract from the letter No. 179 dated 27th April 1907 from DistrictRegistrar, Sholapur.I have the honor to inform you that in the case of the conveyance thestamp duty levied by the Sub-Registrar appears to be correct, for thewords “such consideration” in column 2 of Article 54 of Sch. 1 ofthe Stamp Act refer, in my opinion, to the words “the considerationfor which the property was mortgaged” in column 1, and do notmean “the consideration of the re-conveyance.”Para 3 of Commissioner’s letter No. V.R. No. 881 dated 17th June1907 to Government.The Commissioner, however concurs in the opinion expressed by theCollector. The Inspector General of Registration reads the word ‘is’between ‘as’ and ‘set forth’ in the declaration of duty; but on theanalogy of the declaration under 55-Release (now 29) that word isnot to be read in.The Remembrance of Legal Affairs concurs with the Commissionerin his letter No. P. 1293 dated 20th July 1907 (G.R. No. 8137, datedthe 17th August 1907).(iii)Document is not an agreement but a will.“The document in question is a Will in which testatrix states that solong as she is living it will not hot be competent to her to dispose ofthe property. I do not think that the language employed can be heldto amount to a distinct agreement, because looking to the voluntarynature of a will it could not, I think, be construed into anything morethan an expression of the present determination of the testatrix not todispose of any part of the property before her death. The instrumentis in its principal intention a will; the mere incidental allusion whichif contains to the views of the testatrix as to her own future powerover the property, or as to her intention with regard thereto, cannot,in my opinion afford sufficient reasons for regarding it as anythingmore than a will.” (L.R. No. 400, dated 29th March 1881, vide G.R.No. 2125 dated 12th April 1881).13
DESCRIPTION OF INSTRUMENTS(iv)PROPER STAMP DUTYAgreements of the principal and his surety can be written on oneand the same paper.Under the ruling of the High Court of Bombay given at page 188 ofthe Indian Law Reports Bombay series Vol. V, there is no legalobjection to the agreements of the principal and his surety beingwritten on one and the same stamp paper, and treated as oneinstrument, and not as two separate agreements, each chargeablewith stamp duty. (L.R. No. 669 dated 12th June 1882, vide G.R. No.4391 dated 8th July 1882).(v)Counterpart agreements executed under section 31 Akbari Act,if not attested liable to stamp duty.Licenses under the Abkari Act do not require to be stamped.Counterpart agreements executed under section 31 of that Act, if notattested require a stamp of eight annas (now Rs. 50/-) under article 5(d) [now article 3 (e) ] of Schedule I of the Stamp Act 1899. (G.R.No. 4631 dated 1st September 1879 and G.R. No. 8916 dated 4thDecember 1893)/(vi)Indemnity bond given to Railway liable to stamp duty.Indemnity note given to Railway by a Consignee is not an indemnitybond within article 28 (now 10-A) but an agreement, Article 5 (d)[now article 3 (e)], chargeable only with rupees fifty stamp. (I.L.R. 5B 478).(vii)Exploring and prospecting licenseExploring and prospecting licenses are not leases for the purpose ofthe definition in Section 2, sub-section (16), of the stamp Act II of1899. A license does not become a lease merely because a rental isreserved. These licenses are chargeable as agreements with stampduty of eight annas (now Rs. 50/-) under article 5 (d) [now article 3(e)], of the stamp Act, II of 1899. (G.R. No. 3211, dated 9th May1902)/(viii) Agreement of commutation of pension.Agreement executed in connection with the commutation of pensionfor lump cash payment requires rupees fifty stamp as an agreement.(G.R. No. 12809, dated 21st December 1914).14
DESCRIPTION OF INSTRUMENTS(ix)PROPER STAMP DUTYInstrument of Cession of Rights.Instrument of Cession of Rights executed by the owners of goodslost through the action of Enemy Government are chargable with theduty of rupees fifty only under Article 5 (d) [now article 3(e)], of theschedule I of Act II of 1899. (G.R.R.D. No. 506, dated 15th January1917).(x)Contract Slips Stamping of counterparts of duplicates.The document in question is a contract and liable to a duty of Rs.50/- under Article 5 (d) [now article 3 (e)], of the Stamp Act.Whether the duplicate marked C is liable, to a like duty depends inthe use it is put to. If it is executed and is a counterpart of theoriginal, it is liable to duty of Rs. 100/- under Article 25a) (nowarticle 17) of the Stamp Act I if it is a mere copy is not liable(G.R.R.D. No. 9765, dated 4th January 1924).(xi)Deeds of share transfers by inheritance.Stamp duty on deeds of share transfers by inheritance is leviableunder Article 5 (d) (now Article 3(e) not under Article 62 (nowArticle 31) of Schedule I of the Stamp Act of 1899. (G.R.R.D. Nos.1621/24, dated 1st September 1924 and 1621 dated 24th November1924).4Allotment orders or Transfer Allotment ordersissued by a developer, builder, Co-operative Society, housing societyor housing authority, or any other body or organization providingopen plots before leaseA- In respect of residential open plotsa) up to 399 sq.yds.Ten rupees per Sq:ydsb) 400 sq.yds or aboveThirty rupees per Sq:ydsii) Commercial plotsForty rupees per Sq:ydsiii) Industrial plotsTwenty rupees per Sq:yds15
DESCRIPTION OF INSTRUMENTSPROPER STAMP DUTYB-In respect of buildup propertyi) Residential houseTen rupees per Sq.ftii) Residential flatsFive rupees per Sq.ftiii) Commercial offices/premisesFifteen rupees per Sq.ftiv) Industrial units/factoriesFifteen rupees per Sq.ft5.Article 5 omitted through the Sindh Finance Act, 2006, effectivefrom 01-07-2006.6.Bank GuaranteeOne hundred rupees forevery one lac rupees ofthe amount of theguarantee.7.Bill of Entry including goodsOne Thousand rupeesdeclaration or any document relating togoods declaration for the purpose ofcustom clearance.8.Bill of ExchangeAs defined by section 2(2)not being Bond, bank noteor currency note:Where payable otherwise than ondemand, for every one thousand orpart thereof of the amount of the billRs.3COMMENTARY1.“After sight” means after acceptance or nothing for non-acceptanceor protest for non-acceptance. [Section 21, Negotiable InstrumentsAct (XXVI of 1881)]2.Post-dating bills-Sometimes Hundis, etc., are post-dated with theobject of evading stamp duty by marking to appear to be bills16
DESCRIPTION OF INSTRUMENTSPROPER STAMP DUTYpayable on demand. For penalty for this offence, see section 68 ofthe Stamp Act.9.Bill of Landing(including a through bill of lading)Ten rupees for every one lacrupees are part thereof thevalue of the bill subject tominimum of three hundredrupees.Note: If a bill of lading is drawn in parts, the proper stamps therefore mustbe borne by each one of the sets.EXEMPTIONS(a)Bill of lading when the goods therein described are received at aplace within the limits of any port as defined under the Ports Act,1908, and are to be delivered at another place within the limits of thesame port.(b)Bill of lading when executed out of Pakistan and relating to propertyto be delivered in Pakistan.10Bond(A)Indemnity Bond, Security Bond orMortgage deed, executed by way ofFive hundred rupeessecurity for the due execution of anoffice, or to account for money or otherproperty received by virtue thereof orexecuted in favour of a Court for thedue discharge of a contingent liabilityor executed by surety to secure the dueperformance of a contract.EXEMPTIONSBond or other instrument, when executed(a)by any person for the purpose of guaranteeing that the local incomederived from private subscriptions to a charitable dispensary orhospital or any other object of public utility shall not be less than aspecific sum per mensem;(b)under No. 3-A of the rules made by the Provincial Governmentunder section 70 of the Sindh irrigation Act, 1879.17
DESCRIPTION OF INSTRUMENTSPROPER STAMP DUTY(c)executed by persons taking advances under the Land ImprovementLoans Act, 1883, or the West Pakistan Agricultural Loans Act, 1958,or by their sureties, as security for repayment of such advances;(d)executed by servants of the State or their sureties to secure the dueexecution of an office or the due accounting for money or otherproperty received by virtue thereof.(B) Custom BondFive hundred rupees(C) Debenture including a Participation Term0.05 percent of theamount per annumon first issue and0.02 percent perannum of theamount of the commercial papers onsubsequent transferCertificate, Term Finance Certificate andCommercial Papers. (whether a mortgageDebenture or not), being a marketableSecurity transferable.Explanation The term “Debenture” includes any interest coupons attached thereto,but the amount of such coupons shall not be included in estimating the duty.EXEMPTIONSA debenture issued by an incorporated company or other bodycorporate in terms of a registered mortgage-deed, duly stamped inrespect of the full amount of debentures to be issued there under,whereby the company or body borrowing makes over, in whole or inpart, their property to trustees for the benefit of the debentureholders, provided that the debentures so issued are expressed to beissued in terms of the said mortgage-deed.D.Bottomry Bond, that is to say, anyinstrument whereby the master of aseagoing ship borrows money on thethe ship or prosecute her voyage.E.Respondentia Bond, that is to say, anyinstrument securing a loan on the cargoladen or to be laden on board a ship andmaking repayment contingent on the arrivalof the cargo at port of destination.184.5 percent of theamount of thebond.4.5 percent of theamount of thebond.
DESCRIPTION OF INSTRUMENTSF.PROPER STAMP DUTYAny bond not otherwise provided for4.5 percent of theamount of the bond.COMMENTARY(1)Security bond on toll Contracts.The legal Remembrancer is of opinion that security bonds on tollcontract fall under No. 13 (now No. 10-A) because they do not fallunder any other number, and No. 14 (now No. 10-A) cannot applybecause it is in respect of money received by virtue of an office. TheAdvocate General, however, is of opinion, that the bonds should becharged under No. 28 (now No. 10-A), (G.R. No. 5271, dated 6thOctober 1880).(2)Agreement – Agreement to deliver a certain quantity of cottonor in default to pay its price at then prevailing market rate.An agreement to deliver a certain quantity of cotton or in default topay its price at the then prevailing market rate in consideration of apresent delivery of certain quantity of cotton is not an agreement forsale of goods or merchandise. If such an agreement is attested, itfalls within sec.2, cl (5)(d) of the Stamp Act and must be stamped asbond under Art 15. (now article 10-F) (Collector of Nimat v.Lakhmichand 98 I.C. 631; A.I.R. 1927 Nag 72).(3)Security bond for stay of execution against judgment debtor-stampA Security bond taken on an order for stay of execution must bestamped in accordance with the Stamp Act and cannot be written ona plain paper bearing a court fee of annas 8 43 I.C. 376 foll.(Guranditta Mal v. Firm Gurdas Mal Ramchand A.I.R. 1925 Lah552).(4)Personal security bond for stay of execution – Stamp duty.A security bond given at the time of stay of execution for the dueperformance of the decree making the surety personally liable mustbear a Court-fee stamp as required by Art 6, Court Fees Act. No.stamp under Stamp Act is necessary as it falls under the residuaryAct. 15 (now article 10) Stamp Act, A.I.R. 1925 Cal. 906 (F.B.)Appeal; A.I.R. 1925 Lah 552 not followed (Mahomed Ewaz.v. HajiNanehmean. A.I.R. 1929 Lah 205)19
DESCRIPTION OF INSTRUMENTS(5)PROPER STAMP DUTYBonds executed by ExportersBonds executed by Exporters for the due production of a certificateshowing that the consignment exported has actually reached thedeclared destination, should charged as “Customs Bond” item 26(now article No. 10-B) of the Schedule 1 of Act. (G.O. No. 53 M.dated 12th May 1916).(6)Transfer of debentures of the Karachi Port Trust exempt fromStamp dutyTransfer of debentures, whereby for the purpose of securing moneyadvanced by way of loan, a right over the wharfage fees levied bythe Karachi Harbour Board under Act III of 1879 is created in favourof the creditor, are exempted from stamp duty by clause 17 (d) ofSchedule II of Act 1 of 1879. (L.R. No. 1109, dated 20th September1881; vide G.R. No. 5649 dated 28th idem).(7)Security bonds executed by municipal servants liable to Stampduty.Secturity bonds executed by municipal servants are not exempt fromstamp duty (G.R. No. 3251, dated 21st May 1888).(8)Security bonds executed by Stamp vendor liable to Stamp duty(i)Ordinary licensed stamp vendors are not officers of Government withinthe meaning of Article 12 (b) Schedule II, Act 1 of 1879. The articlewould apply to the Government Officers who are appointed ex-officialvendor under the rules farmed under Section 55 of the Stamp Act. Thestamp necessary for stamp vendor’s security bond is the amount requiredby Article 14 (now article 10) Schedule I of the Stamp Act. (L.R. No.1324, dated 2nd October 1884, vide G.R. No. 8107, dated 14 idem,).(ii)The existing practice of taking security bonds from the licensedstamp vendors on Non-Judicial papers under article 15 (now article10-F) read with article 57 (now article 10-A) of Schedule I of theStamp Act II of 1989 is correct and should continue to be followed.It is not necessary to have any provision inserted into the rules,which have nothing to do with the duty which is governed byScheduel I of the Stamp Act. (Letter No. Rev. 6186 dated 28thSeptember 1935 from the Revenue Commissioner for Sindh to allCollectors in Sindh).20
DESCRIPTION OF INSTRUMENTSPROPER STAMP DUTY11. Certificate of Sale (in respect of each propertyput up as a separate lot and sold)granted to the purchaser of anyproperty sold by public auctionby a Civil, or Revenue Court, orCollector or other Revenue Officer.3 percent of theamount of purchasemoney only.12. Certificate or other document evidencing the 0.50 percent of theright or title of the holder thereof or any otherperson, either to any shares, scrip or stockin or of any incorporated company orother body corporate, or to becomeproprietor of shares, scrip or stockin or of any such company or body.13. Charter Party, that is to say instrument(except an agreement for the hire of a tugsteamer) whereby a vessel or some specifiedprincipal part thereof is let for thespecified purposes of the charterer,whether it includes a penalty clause or not.14.face value of sharesmentioned in thecertificate subject toa minimum of onerupee.One hundred rupeesfor every one lacrupees or partthereof the value ofthe charter party.In the Stamp Act, 1899, in its application to the Province of Sindh, in theSchedule, Article 14 shall be omitted. (Sindh Finance Act, 2004, effectivefrom 01-07-2004)15. Contract(a)That is to say, any instrument in the natureThirty Five paisa forof memorandum or agreement made orevery hundredentered into by a contractor withrupees or partGovernment, a corporation, local body,of the contract.local authority, commercial or industrialconcern, whether singly owned or, run throughpartnership, body registered under the CompanyLaw, a cooperative society or any otherorganization to execute any works or to provideengineering consultancy services or anyother services covered under above documentsincluding a work order, cargo bill a runningrate of contract and other levies and taxespertaining to local bodies.21
DESCRIPTION OF INSTRUMENTS(b)PROPER STAMP DUTYPurchase OrderThat is to say, to supplyor to undertakecartage of stores andmaterials.Twenty Five paisafor every hundredrupees or partthereof of theamount of thepurchase order.16. (A) Conveyance as defined by section 2 (10) notbeing a Transfer charged or exempted underArticle No. 31:(i) To and from Real Estate Investment TrustsInvestment Trusts (REIST)2 percent inaccordance withValuation table or0.25 percent onTransaction valuewhich ever is higher.(ii) In any other case2 percent of thevalue in accordancewith the valuationtable.(B) Transfer of lease by way of assignment2 percent of theamountofconsiderationforsuch transfer or thevalue in accordancewith the valuationtable which ever ishigher.Explanation:(i)(ii)For the purpose of clause (a) “urban area” meansan area specified by Government under section 3 of the Sindh UrbanImmovable Property Tax Act, 1958; orany built up area together with the land appurtenant thereto or thearea occupied as a building site or enclosure and notified byGovernment to be an urban area.22
DESCRIPTION OF INSTRUMENTSPROPER STAMP DUTYEXEMPTIONSAssignment of copyright by entry made under the Copy-right Act, 914,Section 5.COMMENTARY1.Meaning of the word “conveyance”If a deed of sale of a mortgage right were a transfer of an interestsecured by a mortgage-deed it would fall under Article 60 (b) [(nowArticle 31(b)] of Schedule I of the Stamp Act. It is true that such atransfer is a ‘conveyance’. The term ‘conveyance’ is defined by theAct, Section 2 (9), to mean ‘an instrument by which property istransferred on sale, but Article 21 (now Article 16) of Schedule I,which covers ‘conveyance’ generally, expressly expect conveyanceswhich are transfers of the Kind mentioned in Article 60. But if themortgage interest transferred by the deed rested upon a verbalcontract merely; or if it was an equitable mortgage, Article 60 ofSchedule I would not apply, and the deed of sale would fall underarticle 21. (L.R. No. 1333, dated 23rd October 1883; vide G.R. No.7828, dated 22nd idem).2.Conveyance” Meaning of – Receipt mentioning fact of salestamp duty.The test to determine whether a document is a conveyance is to findout whether the intention of the parties was that the document shouldbe the sole repository and appropriate evidence of the transaction ofsale. If it is so, that Court must hold it to be a conveyance. But if itmerely recites a part accomplished fact, it is not a conveyance liableto be stamped or registered as such. A deed which merelyacknowledges as a fact that a right is v
account of house tax are liable to stamp duty. Receipts passed by municipalities on account of house tax and cesses, &c., for sums exceeding Rs. 160 are not exempt from stamp duty. Article 15(b) of the schedule II to the Stamp Act (now Article 1) exempts from stamp duty a receipt for payment of money “without consideration”. The
Prof. Dr. Pervez Ahmed Pathan Sindh Development Studies Centre University of Sindh, Jamshoro Co-Supervisor Prof. Dr. Parveen Shah Vice-Chancellor Shah Abdul Latif University, Khairpur A Thesis Submitted to the University of Sindh, Jamshoro for fulfillment of the requirement of the award of the Degree of Doctor of Philosophy In Economics
Jan 17, 2009 · 446F VECTOR-BORNE DISEASES. Revenue 446G. REVENUE - REAL TIME Revenue. 446H AEROBIOLOGY. Revenue 446I. . USHC PHARMACY CREDIT CARD SALES Revenue. Student Hlth Svc Use Only 4531. ASSESSED STUDENT FEES Revenue. 4532 VOLUNTARY STUDENT FEES. Revenue . GIFT SHOP INCOM
CHAPTER TWO Revenue Accounting and Reporting Procedures 9 2.1 Revenue Chart of Accounts 9 2.2 Taxes 11 2.3 Other Revenue 11 . 4.10.1 Auditing the revenue money receipts, the auditor shall verify 31 4.11 References for Revenue Auditing 32 ANNEXURES 35. REVENUE MANUAL 2019 1 INTRODUCTION
Strategies to Optimize Your Pharmacy Revenue Cycle 9/2/2020 5 Presentation Outline 1. Optimal Revenue Cycle Management Program 1. Creating a case for a revenue cycle program 2. Revenue cycle program structure 3. Involving pharmacist leadership 4. Put a revenue cycle program to practice 2. Revenue Improvement and Preservation Strategies 1.
Schedule 5 - Exception reporting and work schedule reviews 38 Schedule 6 - Guardian of safe working hours 45 Schedule 7 – Champion of Flexible Training 49 Schedule 8 - Private professional and fee-paying work 51 Schedule 9 - Other conditions of employment 54 Schedule 10 - Leave 57 Schedule 11 - Termination of employment 67
award, now that the construction schedule may soon become a contract document in Nigeria, Quantity Surveyors should develop competencies to be able to evaluate the contractor's schedule and recommend appropriate contractor for the award. KEYWORDS: Schedule evaluation, Schedule quality, Schedule conformance scoring, Quantity Surveyors
only parallels can be extended to the microlithic sites of Rajastan and Gujarat, in India, a few of which consist of radiocarbon-dated, stratified settlements. Preface During the last thirty years, our knowledge of the Mesolithic of Sindh has greatly increased, thanks to the new discoveries made in the Thar
the absence of Mesolithic fi nds all over wide territories of India is diffi cult to explain (Sosnowska 2010: 100) Commander K. R. U. Todd discovered the fi rst Mesolithic site of Lower Sindh in the 1930s. He collected a small chipped stone industry with trapezoidal microliths along the banks of the Layari River inside Karachi Country Golf
