Indian Stamp Act Hub / Schedule I Articles 27-31 - Debenture, Delivery, Divorce, Professional Entry and Exchange
Indian Stamp Act, 1899 - - Batch 09
Schedule I Articles 27-31 - Debenture, Delivery, Divorce, Professional Entry and Exchange
Reviewed by CA Nikhil Gupta and Kajri Singh · Last reviewed 30 August 2026
Classify each instrument by legal substance, State schedule, exemptions, market value and composite-document rules before quoting duty.
Source control. The Central provision and Schedule architecture is mapped to India Code. Exact duty, market value, surcharge, concession, payment mode, penalty and procedure depend on the current State/UT statute, Gazette and transaction date.
Dedicated Finin2min Summary - Chapter in 2 Minutes
- Article 27: Debenture - verify the current State article, rate, base, exemption and related-document treatment.
- Article 28: Delivery-order in respect of goods - verify the current State article, rate, base, exemption and related-document treatment.
- Article 29: Divorce - verify the current State article, rate, base, exemption and related-document treatment.
- Classify each instrument by legal substance, State schedule, exemptions, market value and composite-document rules before quoting duty.
- Do not quote a rate without the current State/UT Act, Schedule, amendments, surcharge/cess, market-value rule and authorised payment method.
Current statutory text / controlled source map
Section-by-section provision map
| Provision | Subject | Status | Finin2min clause-by-clause decode | Implementation | Evidence/control |
|---|---|---|---|---|---|
| Article 27 | Debenture | STATE RATE / CENTRAL CLASSIFICATION | Article 27 classifies debenture; the State schedule and legal substance control the rate and exemptions. | Compare the operative rights, consideration, market value, related documents and State-specific definition. | Final instrument, transaction map, State schedule, valuation, adjudication and payment certificate. |
| Article 28 | Delivery-order in respect of goods | STATE RATE / CENTRAL CLASSIFICATION | Article 28 classifies delivery-order in respect of goods; the State schedule and legal substance control the rate and exemptions. | Compare the operative rights, consideration, market value, related documents and State-specific definition. | Final instrument, transaction map, State schedule, valuation, adjudication and payment certificate. |
| Article 29 | Divorce | STATE RATE / CENTRAL CLASSIFICATION | Article 29 classifies divorce; the State schedule and legal substance control the rate and exemptions. | Compare the operative rights, consideration, market value, related documents and State-specific definition. | Final instrument, transaction map, State schedule, valuation, adjudication and payment certificate. |
| Article 30 | Entry as an advocate, vakil or attorney | STATE RATE / CENTRAL CLASSIFICATION | Article 30 classifies entry as an advocate, vakil or attorney; the State schedule and legal substance control the rate and exemptions. | Compare the operative rights, consideration, market value, related documents and State-specific definition. | Final instrument, transaction map, State schedule, valuation, adjudication and payment certificate. |
| Article 31 | Exchange of property | STATE RATE / CENTRAL CLASSIFICATION | Article 31 classifies exchange of property; the State schedule and legal substance control the rate and exemptions. | Compare the operative rights, consideration, market value, related documents and State-specific definition. | Final instrument, transaction map, State schedule, valuation, adjudication and payment certificate. |
Finin2min Q&A
What is the first step?
Classify the legal instrument, State/UT and operative rights before applying Schedule I Articles 27-31 - Debenture, Delivery, Divorce, Professional Entry and Exchange.
Can an online rate calculator replace legal classification?
No. Duty depends on the instrument substance, State schedule, market value, amendments, exemptions and related documents.
Is insufficient stamping always fatal?
The consequences and cure depend on the forum, State amendments and statutory impounding/payment process. The original instrument and exact current law must be reviewed.
What should the evidence file contain?
Official legal sources, final instrument, valuation, linked-document matrix, adjudication, e-stamp/franking proof, execution/cancellation evidence, registration record and cure/refund chronology.
Chapter-specific decision flowchart
