How is stamp duty paid in transactions where more than one instrument is required? a) Stamp Duty is paid on all the instruments equally b) Stamp Duty is paid on any one of the instrument c) Stamp duty is paid only on one of the principal instruments and on the balance documents only minimum duty is payable d) Stamp duty is paid on ad valorem basis

How is stamp duty paid in transactions where more than one instrument is required?
a) Stamp Duty is paid on all the instruments equally
b) Stamp Duty is paid on any one of the instrument
c) Stamp duty is paid only on one of the principal instruments and on
the balance documents only minimum duty is payable
d) Stamp duty is paid on ad valorem basis
by

1 Answer

Answer :

c) Stamp duty is paid only on one of the principal instruments and on
the balance documents only minimum duty is payable
by

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