Section 55
Amendment of Act 2 of 1899.
The Warehousing (Development and Regulation) Act, 2007
About this Act
An Act to make provisions for the development and regulation of warehouses, negotiability of warehouse receipts, establishment of a Warehousing Development and Regulatory Authority and for matters connected therewith or incidental thereto.
After section 8B of the Stamp Act, 1899, the following section
shall be inserted, namely:--
"8C. Negotiable warehouse receipts not liable to stamp duty.--Notwithstanding anything contained in this Act, negotiable warehouse receipts shall not be liable to stamp duty."
"8C. Negotiable warehouse receipts not liable to stamp duty.--Notwithstanding anything contained in this Act, negotiable warehouse receipts shall not be liable to stamp duty."