Section 8DCentral ActISA

Section 8D: Agreement or document for assignment of receivables not liable to stamp duty.

¹[8D. Agreement or document for assignment of receivables not liable to stamp-duty. --Notwithstanding anything contained in this Act or any other law for the time being in force, any agreement or other document for assignment of receivables as defined in clause (p) of section 2 of the Factoring Regulation Act, 2011 in favour of any factor as defined in clause (i) of section 2 of the said Act shall not be liable to duty under this Act or any other law for the time being in force.]

1. Ins. by Act 12 of 2012, s. 35 and the Schedule (w.e.f. 1-2-2012).

Sec 8C — Negotiable warehouse receipts not liable to stamp duty.

Sec 8E — Conversion of a branch of any bank into a wholly owned subsidiary of bank or transfer of shareholding of a bank to a holding company of bank not liable to duty.

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