Gujarat act 011 of 2019 : The Gujarat Stamp (Amendment) Bill, 2019

Department
  • Revenue Department
Ministry
  • Ministry of Govt of Maharashtra
To access the original judgment, please Sign In or Subscribe.

tz Extra No. 1l .rtNs (r.{t%it'ri 6? lt. r,ooo/- @be

@

Guiurut Goberrmsilt Gstlette

f,{fttq?rd

EXTRAORDINARY

PUBLTSHED BYAUTHORITY

Vol. LX

TUESDAY, JULY 2, 2019/ASADHA 11, 1941 to this Dart in order that it be filed as a

PARTY

Bills introduced in the Gujarat Legislative Assembly (To be translated into Gujarati and the translation to be published h the Gujarat Government Gazette. The date ofpublication to be reported.)

The fottowing Bill is published with the consent ofthe speaker given under the proviso to rule 127-A of the Gujarat Legislative Assembly Rules:-

THE GUJARAT STAMP (AMENDMENT) BILL,2019.

GUJARAT BILL NO. II OF 2019.

A BILL

further to amend the Gujarat Stamp Act, 1958. It is hereby enacted in the Seventieth Year ofthe Republic of Indiaas follows:-

1. (1) This Act may be called the Gujarat Stamp (Amendment) Act,

2019.

(2) It shall come into force on such date as the State Governmentmay, by notification inthe Official Gazerre, appoint. Short title and

commencement.

VEx.-ll ll-l

1

l1-2 GUJARAT GOVERNMENT GAZETTE, EX.02-07-2019 [ PART V Amendment of 2, ln the Gujarat Stamp Act, 1958, in Schedule I,- Bom. Lx of Schedule I to 1958.

Bom. LX of

1958' (i) in article 2, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(ii) in article 3, for the words "One hundred rupees", the words

"Two hundred rupees" shall be substituted;

(iii) in article 4, for the words "Twenty rupees", the words

"Fifty rupees" shall be substituted; (iu) in article 5, in clause (h), for the words "One hundred rupees,', the words "Three hundred rupees" shall be substituted;

(r) in article 9, in clauses (a) and (b), for the words "One hundred rupees", occurring at two places, the words "Three hundred rupees" shall be substituted, respectively;

(vi) in article 10, for the words "One hundred rupees,,, the words

"Three hundred rupees" shall be substituted;

(vii) ln article 11, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(viii) in article 13, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(ix) in article 16, for the words "One hundred rupees", rhe words

"Three hundred rupees" shall be substituted;

(x) in article 19, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(xi) in article 21, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(xii) in arlicle 22, for the words "One hundred rupees", rhe words

"Three hundred rupees" shall be substituted;

(xiii) in articte 23, for rhe words ''One hundred rupees", the words

"Three hundred rupees" shall be substituted;

2

PART V] GUJARATGOVERNMENTGAZETTE,EX.O2.OT-201911-3

(xiv) in article 25, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(xv) in article 29, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(xvi) in article 32, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(xvii) in article 33, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(xviii) in article 34, for the words "One hundred rupees", the words

"Two hundred rupees" shall be substituted;

(xix) in article 35, in clause (a), for the words "One hundred rupees", the words "Three hundred rupees" sha[[ be substituted;

(xx) in article 38, for the words "Twenty rupees", the words "Fifty rupees" shall be substituted;

(xxi) in article 39, in clause (g), for the words "One hundred rupees", the words "Three hundred rupees" shall be substituted;

(xxii) in article 41, for the words "One hundred rupees", the words

. "Three hundred rupees" shall be substituted;

(xxiii) in article 44,-

(a) in clause (2), in sub-clause (b), for the words "One hundred rupees", the words "Two hundred rupees" shall be substituted,

(b) in clause (3), in sub-clause (b), for the words "One hundred rupees", the words "Two hundred rupees" shall be substituted;

(xxiv) in article 45,-

(a) in clauses (a),(b),(c),(d) and (e), for the words "One hundred rupees", the words "Three hundred rupees" shall be substituted,

3

II-4 GUJARAT GOVERNMENT CAZETTE, EX.02-07-2019 [PARTV

(b) in clause 111, in item 1ii). in sub-item (a), for the words "One hundred rupees", the words "Three hundred rupees" shallbe substituted;

(c) in clause (h), for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(xxv) in article 46, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(xxvi) in arttcle 47, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(xxvii) in article 48, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted; (xxviii) in article 48-A, in clause (a), for the words "One hundred rupees", the words "Three hundred rupees" shall be substituted;

(xxix) in article 49, in clause (a), for the words "One hundred rupees"' the words "Two hundred rupees" shall be substituted:

(xxx) in article 51, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(xxxi) in article 55, for the words "One hundred rupees", the words

"Three hundred rupees" shall be substituted;

(xxxii) in article 56, in clauses (b),(c) and (d) for the words "One hundred rupees", the words "Three hundred rupees" shall be substituted; (xxxiii) in articte 58, in clauses (a) and (b) for the words "One hundred rupees", the words "Three hundred rupees" shall be substituted'

L.

4

PART V ]

Gandhinagar, Dated the 2nd luly,2019

GUJARAT GOVERNMENT GAZETTE, EX. 02.07.2019

STATEMENT OF OBJECTS AND REASONS

Certain instruments are chargeable with duty ofthe amount indicated in Schedule I to the Gujarat Stamp Act, 1958. The fixed stamp duty rate on some Articles under the said Schedule I has not been enhanced since 2014, although the transaction volume and value both have increased many times due to economic growth in the country and the State. It is, therefore, considered necessary to further rationalize the various fixed stamp duty rates in order to bring in reasonability, rationality and simplicity for the public in general.

This Bill seeks to amend the said Act of 1958 to achieve the aforesaid object.

KAUSIIIK PATEL,

MEMORANDUM REGARDING Di,LEGATED LEGISLATION The Bill provides for delegation of legislative power inthe following respects:--

Clause 1.- Sub-clause (2) of this clause empowers the State Govemment to appoint by notification in the Oficial Gazette, the date on which the said Act shall come into force.

The delegation of legislative power, as aforesaid, is necessary and is of a normal character.

Dated the 2d July, 2019.

KAUSHIK PATEL.

I I-5

By Order and in the name of the Govemor of Guj arat,

K. M. LALA,

Secretary to the Govemment of Gujarat, Legislative and Parliamentary Affairs Department. Government Central Press, Gandhinagar.

5

SECTIONS