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Monday, April 15

Stamp Duty on Acknowledgement in Andhra Pradesh


Stamp duty on ACKNOWLEDGEMENT of a debt exceeding twenty rupees in amount or value, written or signed by, or on behalf of, a debtor in order to supply evidence of such debt in  any book (other than a banker's pass  book) or on a separate piece of paper  when such book or paper is left in the  creditor's possession:

Provided that such acknowledgement does not contain any promise to pay the debt or any stipulation to pay interest or to deliver any goods or other property.


Twenty Paise [w.e.f  09.09.2004]


For exemptions and other details please refer to Schedule IA of the Indian Stamp Act, 1899, as applicable to Andhra Pradesh. 

Also see
Stamp Duty in Andhra Pradesh