Stamp duty

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Querist : Anonymous

Querist : Anonymous (Querist)

15 May 2014 can i please know what is the stamp duty of unattested pledge in Delhi?

Querist : Anonymous

Querist : Anonymous (Querist)

15 May 2014 is it 300 Rs. coz last time when our company did Pledges we did it with 300 rs.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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25 July 2025 Thank you for your query regarding the stamp duty applicable to **unattested pledge agreements** in Delhi.

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### 📜 Stamp Duty on Pledge Agreements in Delhi

* **Unattested Pledge Agreements**: According to the **Indian Stamp Act, 1899**, as extended to Delhi, the stamp duty on a pledge agreement is typically **₹1 for every ₹1,000 or part thereof of the value of the goods pledged**.([The Economic Times][1])

* **Attested Pledge Agreements**: If the pledge agreement is attested, the stamp duty may be higher, depending on the specific provisions of the Indian Stamp Act applicable to Delhi.

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### 💡 Clarification on ₹300 Stamp Duty

* The ₹300 stamp duty you mentioned might pertain to a different type of instrument or a specific provision under the Indian Stamp Act.

* It's essential to refer to the latest provisions of the Indian Stamp Act applicable to Delhi to determine the exact stamp duty.

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### ✅ Recommended Actions

1. **Consult the Delhi Stamp Act**: Review the specific provisions related to pledge agreements to ascertain the correct stamp duty.

2. **Seek Professional Advice**: Consult with a legal professional or a stamp vendor in Delhi to ensure compliance with the current stamp duty regulations.

3. **Verify Instrument Type**: Ensure that the instrument in question qualifies as a pledge agreement under the Indian Stamp Act to apply the appropriate stamp duty.

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If you need further assistance or clarification on specific provisions of the Indian Stamp Act applicable to Delhi, feel free to ask!

[1]: https://economictimes.indiatimes.com/property-law/Amendments-in-Delhi-Stamp-Act/articleshow/80783.cms?utm_source=chatgpt.com "Amendments in Delhi Stamp Act - The Economic Times"

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