Payment of duty on certain instruments liable to be increased duty in Bihar under clause (bb) in Section 3—Wh… — THE INDIAN STAMP ACT, 1899 (2 of 1899)

Payment of duty on certain instruments liable to be increased duty in Bihar under clause (bb) in Section 3—Where any instrument has become chargeable in any part of the territories, to which this Act applies, other than Bihar, with duty under this Act or under any other law for the time being in force, in any part of the said territories and thereafter becomes chargeable with a higher rate of duty in with duty under this Act or under any other law for the time being in force, in any part of the said territories and thereafter becomes chargeable with a higher rate of duty in Bihar under clause (bb) of the first proviso to Section 3,—

119A. Payment of duty on certain instruments liable to be increased duty in Bihar under clause (bb) in Section 3—Where any instrument has become chargeable in any part of the territories, to which this Act applies, other than Bihar, with duty under this Act or under any other law for the time being in force, in any part of the said territories and thereafter becomes chargeable with a higher rate of duty in with duty under this Act or under any other law for the time being in force, in any part of the said territories and thereafter becomes chargeable with a higher rate of duty in Bihar under clause (bb) of the first proviso to Section 3,— (i) notwithstanding anything contained in the first proviso to Section 3. the amount of duty, chargeable on such instrument, shall be the amount chargeable on it under Schedule |-A, less the amount of duty, if any, already paid on it in the said amount of duty, chargeable on such instrument, shall be the amount chargeable on it under Schedule |-A, less the amount of duty, if any, already paid on it in the said territories; (ii) in addition to the stamps, if any, already affixed thereto, such instrument be stamped with the stamps necessary for the payment of the amount of duty (ii) in addition to the stamps, if any, already affixed thereto, such instrument shall be stamped with the stamps necessary for the payment of the amount of duty chargeable on it under clause (i) in the same manner and at the same time and by shall be stamped with the stamps necessary for the payment of the amount of duty chargeable on it under clause (i) in the same manner and at the same time and by lhe same persons as though such instruments were an instrument received in the said territories for the first time at lhe time when it b ; higher duly. ] ec said territorie higher duly. ] ame chargeable with the D.— Of Valuation for dut y n for dut y 20. Conversion of amount expressed in foreign currencies.—(1) Where strument is chargeable with ad valorem duty in respect of any m : assed essed in foreign currencie an instrument is chargeable with ad valorem duty in respect of any m in any currency other than that of India, such duty shall be wala' lsi .— : Where assed ie an instrument is chargeable with ad valorem duty in respect of any m : assed in any currency other than that of India, such duty shall be wala' lsiea | mtg ie of India according to the curr alculated on 18 ve in any currency other than that of India, such ty of such money in the currency of India according to the curr alculated on 18 ve the day of the date of the instrument. rrent rate of exchange of such money in the currency the day of the date of the instrument. rrent rate of exchange on

Section 119A