https://www.taxtmi.com/caselaws?id=294889 A copy of an instrument produced under section 125 of the Companies Act was treated as chargeable with differential stamp duty under section 7(1) read with section 19 of the Bombay Stamp Act, because the charging scheme extended to counterparts, duplicates and copies received in the State. However, the impounding and penalty machinery under sections 33 and 39 did not extend to a mere copy, since the copy itself did not create or purport to create a right or liability and the statute did not clearly authorise penal recovery against it. The decision thus distinguishes charging liability from enforcement powers under the Stamp Act. en-us Tue, 05 Oct 1976 00:00:00 +0530 Fri, 07 May 2021 15:26:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294889 A copy of an instrument produced under section 125 of the Companies Act was treated as chargeable with differential stamp duty under section 7(1) read with section 19 of the Bombay Stamp Act, because the charging scheme extended to counterparts, duplicates and copies received in the State. However, the impounding and penalty machinery under sections 33 and 39 did not extend to a mere copy, since the copy itself did not create or purport to create a right or liability and the statute did not clearly authorise penal recovery against it. The decision thus distinguishes charging liability from enforcement powers under the Stamp Act. Case-Laws Indian Laws Tue, 05 Oct 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294889