(1) having area upto 27.88 squares meters (300 square feet); Rs. Any instrument executed in the state of Maharashtra shall be liable for payment of Stamp duty according to Section 3 of the Act at the rates provided in Schedule I to The Maharashtra Stamp Act. (a) Where the leave and license agreement purports to be for a term not exceeding 60 months with or without renewal clause. So i want to know, whether the payment of stamp duty for these agreements fall under Maharashtra Stamp Act or Indian Stamp Act. What was Stamp Duty At The Time Of Agreement Dates 10-12-1985 and 04-07-1980? 9.12 Voluntary disclosure of fact of instrument not duly stamped. If the landlord additionally receives a non-refundable deposit, stamp duty at the same rate will be applied on the non-refundable deposit. In India there are 29 States and Stamp Duty varies in each State for ex: The Stamp Duty for Rent Agreement in Delhi is Rs. In Mumbai, three per cent of prevailing ready reckoner rates has to be paid as stamp duty on gift deeds.