Multiple choice

Consider the following statements regarding stamp duty: (a) It affords legality to the document, i.e. it is enforceable in a court of law. (b) It is collected by the state government. (c) It is uniform in all the states of the country.

With which of the above you do not agree?

  1. Only (a)

  2. Only (b)

  3. Only (c)

  4. None of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Stamp duty comes within the jurisdiction of the state and hence, it varies from state to state.