(1) Income stamp levy shall be levied on the following documents as written in the schedule:-

(a) Tamsuk, Tippan of transaction,

(b) Confirmation,

(c) Document of sales except for non-institutionalized agricultural products,

(d) Documents related to purchase and sale of shares, debenture stock,

(e) Bill of exchange and promissory note,

(f) missing documents related to insurance articles, and

(g) compensation for house, shop, hall, hotel and room.

(2) Notwithstanding anything contained in sub-section (1), income stamp shall not be levied on the following documents:-

(a) Tamsuk who must pass registration,

( b) Repayment of principal, interest and in kind or cash of your loan,

(c) Government of Nepal bonds,

(d) Cheque, draft, T.T., and< /p>

(e) The Government of Nepal has published a notice in the Nepal Gazette and the documents specified in sub-section (1) that income stamp will not be levied partially or fully.

(3) Income stamp collection according to sub-section (1). Until the income stamp is found in the required document, a postage stamp can be affixed instead.