https://www.taxtmi.com/caselaws?id=171953 A registration fee fixed by the State on a graduated scale linked to the value of the instrument was upheld as a valid fee and not a tax. The governing principle is that a fee need only bear a broad and reasonable correlation to the overall cost of the statutory service; exact quid pro quo is not required, and crediting collections to the Consolidated Fund does not by itself invalidate the levy. The challenge failed because the prior court examined only the individual fee paid by the claimants, rather than the overall receipts and expenditure of the registration department. en-us Tue, 14 Sep 2004 00:00:00 +0530 Wed, 02 Dec 2015 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171953 A registration fee fixed by the State on a graduated scale linked to the value of the instrument was upheld as a valid fee and not a tax. The governing principle is that a fee need only bear a broad and reasonable correlation to the overall cost of the statutory service; exact quid pro quo is not required, and crediting collections to the Consolidated Fund does not by itself invalidate the levy. The challenge failed because the prior court examined only the individual fee paid by the claimants, rather than the overall receipts and expenditure of the registration department. Case-Laws Indian Laws Tue, 14 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171953