Revenue stamp

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SUHAS G W (Querist)
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14 December 2016 R/sir
As per stamp duty act Rs 01 revenue stamp is required to be affix on payment exceeds Rs. 5000/- in this regard my query is : whether there are any slabs to affix revenue stamps for the receipts above Rs 5000/- such as Rs 1/- for receipt of rupees 5000/- to 100000/- , Rs.2/- revenue stamp for receipt above Rs 100001 to 1000000/- and so on... . kindly guide me the provision of affixing of revenue stamp. Also I would like to know how much revenue stamps are required for promissory note for Rs 30.00 Crore.
Thanking You,

Shyam Lal Naik

Shyam Lal Naik (Expert)
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14 December 2016 No slab. Re. 1 for all transactions > RS. 5000/-

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