State Act

8

Section 8. Stamp chargeable on deed excuted by contractor.

THE JAMMU AND KASHMIR REGISTRATION OF CONTRACTORS ACT, 1956.

In forceJammu and Kashmir (State Act)

8. Stamp chargeable on deed excuted by contractor. Notwithstanding anything contained in the Stamp Act, 1977, a deed to be executed by a contractor for carrying out works in the Department shall be chargeable with stamp duty calculated at rates not exceeding 1 p.c. as may be determined by the 1[Government of the Union territory of Jammu and Kashmir] on the sum for which the work has been sanctioned by the competent authority.