Stamp Duty basically is one type of government tax which is collected by Indian Government. The Government of Britain was the first to
introduce Stamp Duty in Indian sub continent by enacting Indian Stamp Act of 1899. Stamp Duty has to be paid
for those transactions which are performed by the way of instrument or document under those provisions of the Bombay Stamp Act of 1958 & Indian
Stamp Act of 1899 to Collector of the Stamps. The proceeds in regard with this Duty goes directly to State inside which the individuals are levied.