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Indian Laws - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Enforceability of foreign award - award has not born stamp duty ...


Foreign Awards Exempt from Stamp Duty in India Under Indian Stamp Act, 1899, Enhancing Enforceability.

September 15, 2018

Case Laws     Indian Laws     SC

Enforceability of foreign award - award has not born stamp duty in India - the expression “award” has never included a foreign award from the very inception till date. Consequently, a foreign award not being includible in Schedule I of the Indian Stamp Act, 1899, is not liable for stamp duty.

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