Revenue Stamp Act Bangladesh
C of the time of stamping instruments.
Revenue stamp act bangladesh. Viii of 1973 6 the words comma figures and brackets merchant shipping ordinance 1983 xxvi of 1983 were substituted for the words commas figures merchant shipping act 1894 or under act xix of 1838 or the registration of ships act 1841 as. The national board of revenue nbr is the apex authority for tax administration in bangladesh. Bangladesh first issued revenue stamps in 1972 the year after independence and continues to do so to this day. It was established by the father of the nation bangabandhu sheikh mujibur rahman under president s order no.
Only one instrument to be on same stamp. 1 this act may be called the. Previously bangladesh used revenues of india from the 19th century to 1947 and those of pakistan from 1947 to 1971. Definitions in this act unless there is something repugnant in the subject or context 1 banker includes a bank and any person acting as a banker.
Ii of 1899 government of the people s republic of bangladesh. Instruments executed in bangladesh. 300 members are elected by direct polls in their respective constituencies whoever wins the most votes regardless of turnout or proportion wins the election. 2 2 it extends to the whole of pakistan.
Instruments other than bills and notes executed out of. From 1921 to 1947 various indian revenues were overprinted bengal for use in modern bangladesh and west bengal. 1 stamp act 1899. 3 it shall come into force on the first day of july 1899.
The stamp act 1899 act no. Instruments written contrary to section 13 or 14 deemed unstamped. 2 bill of. Members are elected for a term of 5 years.
An act to consolidate and amend the law relating to stamps. The current bangladesh parliament contains 350 seats. 1 1 this act may be called the stamp act 1899. Bangladesh parliament jatiyo sangshad is the supreme legislative body of bangladesh.
The stamp act 1899. 3 it shall come into force on the first day of july 1899. Since independence bangladesh has issued revenues.