The Warehousing (Development and Regulation) Act
55Amendment of Act 2 of 1899
After section 8B of the Stamp Act, 1899, the following section shall be inserted, namely:--
"8C. Negotiable warehouse receipts not liable to stamp duty.--Notwithstanding anything contained in this Act, negotiable warehouse receipts shall not be liable to stamp duty."
Download our fully-offline, High speed android app.- Click here
MISCELLANEOUS
- 46 Chairperson, members, officers and other employees of Authority to be public servants
- 47 Protection of action taken in good faith
- 48 Delegation of powers
- 49 Exemption from tax on wealth and income
- 50 Power of Central Government to make rules
- 51 Power of Authority to make regulations
- 52 Rules and regulations to be laid before Parliament
- 53 Act to have overriding effect
- 54 Power to remove difficulties
- 55 Amendment of Act 2 of 1899