The Warehousing (Development and Regulation) Act, 2007
55. Amendment of Act
2 of 1899. -
After section 8B of
the Stamp Act, 1899, the following section shall be inserted,
namely:-`"8C. Negotiable warehouse receipts not liable to stamp duty.
Notwithstanding anything contained in this Act, negotiable warehouse receipts
shall not be liable to stamp duty."