CS Professional · Drafting, Pleadings and Appearances · Laws relating to Drafting and Conveyancing
A settlement is completed in a State that has amended section 4(1) so that the other instruments bear "ten rupees" instead of one rupee (as in the Orissa amendment). The principal settlement deed bears Rs 12,000 duty, and two ancillary deeds would otherwise have scheduled duties of Rs 500 and Rs 800. What total duty is payable on the three instruments?
The total is Rs 12,020. The principal deed bears its Rs 12,000 duty, and under the amendment replacing one rupee with ten rupees, each of the two other instruments bears Rs 10 rather than its scheduled duty of Rs 500 or Rs 800.
- ARs 12,002
- BRs 13,300
- CRs 12,020Correct
- DRs 12,010
Explanation
The principal instrument bears Rs 12,000. Under the Orissa amendment each of the two other instruments bears Rs 10 instead of their scheduled duty. Total is 12,000 + 10 + 10 = Rs 12,020. Rs 12,002 uses the central one-rupee figure, and Rs 13,300 charges full scheduled duties.
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