Stamp duty exemption for IFSC transactions: instruments on IFSC stock exchanges and depositories are not chargeable. An amendment to section 9A(2) of the Stamp Act inserts a proviso exempting stamp duty on instruments of transaction in stock exchanges and depositories established within any International Financial Services Centre, so that such transactions conducted in an IFSC are not chargeable to the duty contemplated by section 9A(2).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Stamp duty exemption for IFSC transactions: instruments on IFSC stock exchanges and depositories are not chargeable.
An amendment to section 9A(2) of the Stamp Act inserts a proviso exempting stamp duty on instruments of transaction in stock exchanges and depositories established within any International Financial Services Centre, so that such transactions conducted in an IFSC are not chargeable to the duty contemplated by section 9A(2).
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