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of <h1>Bangalore Customs Announces Reduced Stamp Duty on Delivery Orders Under Article 24; Exemptions for Customs-Free Goods Effective March 2014.</h1> The Commissioner of Customs in Bangalore issued a public notice regarding the levy and collection of stamp duty on delivery orders for goods, as per Article 24 of the Karnataka Stamp Schedule. Effective from March 1, 2014, the stamp duty rate has been reduced from 0.5% ad-valorem to 0.1% ad-valorem. Additionally, goods exempted from customs duty by the Government of India are also exempt from this stamp duty. This notice serves to inform trade associations and related agencies of these changes.
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