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Section 23: Instruments reserving interest
For item No. 23 of Schedule— I of the principal Act as inserted by the Union Territories Taxation Laws (Amendment) Act, 1971 (73 of 1971), the following shall be substituted, namely:— 23. CONVEYANCE (as defined by section 2(10), not being a Transfer charged or exempted under No. 62— where the amount or value of the. consideration for such conveyance as set forth therein does not exceed Rs.50 ; Two rupees. where it exceeds Rs. 50 but does not exceed Rs. 100; Four rupees. where it exceeds Rs, 100 but does not exceed Rs. 200; Eight rupees. where it exceeds Rs. 200 but does not exceed Rs. 300; Twelve rupees. where it exceeds Rs. 300 but does not exceed Rs. 400; Sixteen rupees. where it exceeds Rs. 400 but does not exceed Rs. 500; Twenty rupees. where it exceeds Rs. 500 but does not exceed Rs. 600; Twenty four rupees. where it exceeds Rs. 600 but does not exceed Rs. 700; Twenty eight rupees. where it exceeds Rs. 700 but does not exceed Rs. 800; Thirty two rupees. where it exceeds Rs. 800 but does not exceed Rs. 900; Thirty six rupees. where it exceeds Rs. 900 but does not exceed Rs. 1,000; Forty rupees. and for every Rs. 500 or part thereof in excess of Rs. 1,000; Twenty rupees. EXEMPTION Assignment of copyright under the Copy Right Act, 1957 (Act XIV of 1957). CO-PARTNERSHIP DEED— See Partnership (No. 46). [Vide Tripura Act No. 14 of 1979, s. 3] Manipur Amendment of Schedule I- in Schedule 1 of the Indian Stamp Act, 1899 (No. 2 of 1899), for the instruments described in Article 23, the following shall be substituted, namely:– “23. CONCEYANCE [as defined by section 2(10)], not being a Transfer charged or exempted under No. 62- Three rupees for every Rs. 100 or part thereof of the consideration for such conveyance or, as the case may be, the market value of the property which is the subject matter or such conveyance whichever is greater.”. [Vide Manipur Act 6 of 2011, s. 2]
Source: official text of The Indian Stamp Act, 1899 as published on India Code (PDF). All sections of the Indian Stamp Act, 1899.