Definition
Stamp Duty is charged under section 37 of the Finance Statute of North Central Province N0.06 of 1990.
- Every instrument relating to a transfer of immovable property situated in the North Central Province Province.
- Every document presented of field, in proceedings instituted in any Court of law established by law, in the North Central province of Srilanka.
1st January,1991
| 01 | Gilt of immovable property* | Rs. | |
| a. Value Rs. 50,000 or less | For every Rs.100 or part thereof | 3.00 | |
| b. If Value exceeds Rs. 50,000 | On first Rs. 50,000 | 1,500.00 | |
| On the balance, for Every Rs. 100 or thereof | 2.00 | ||
| 02 | Selling, immovable property* | ||
| a. Value Rs. 100,000 or less | For every Rs.100 or part thereof | 3.00 | |
| b. If Value exceeds Rs. 100,000 | On first Rs. 100,000 | 3000.00 | |
| On the balance, for Every Rs. 100 or thereof | 4.00 | ||
| 03. | Exchange of any Property – not between co-heirs* | ||
| a. if equal value | The same duty as on a conveyance of such property at its market value | ||
| b. if not equal value | The same duty as on a conveyance of the property of higher value, computed at its market value thereof | ||
| 04 | Exchange of any Property – between co-heirs* | ||
| a. if equal value | 10.00 | ||
| b. if not equal value | The same duty as the duty payable on the transfer of a property. Whose value is equivalent to the difference in market value of the properties exchanged. | ||
| 05 | Every document presented or filed in the proceedings instituted in* | ||
| a. High Court | For every Rs.1,000 or part thereof (maximum of Rs.2,000) | 2.00 | |
| b. District Court | For every Rs.1,000 or part thereof (maximum of Rs.1,000) | 1.00 | |
| 06 | Transfer or conveyance of any immovable property, without Consideration, by an executor or administrator of an estate of a deceased to person beneficially entitled to such property or to a trustee appointed under the will of the deceased, or by a trustee to a beneficiary or an order of court in matrimonial proceedings** | 10.00 | |
| 07 | Transfer or conveyance of any immovable property, without Consideration, by a trustee or the executor or administrator of a deceased trustee to a surviving trustee or to a new trustee** | 10.00 | |