Stamp Duty

Definition

Stamp Duty is charged under section 37 of the Finance Statute of the Central Province No.17 of 1990.

There shall be charged on

  • Every instrument relating to a transfer of immovable property situated in the Central Province.
  • Every document presented of filed, in proceedings instituted in any Court of law established by law, in the Central province of Sri Lanka.

Effect From

1st January, 1991

Stamp duty Rates

01. 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
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.
02. Gift of immovable property*
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
 03. 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
04. 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
 05. b. District Court For every Rs.1,000 or part thereof (maximum of Rs.1,000)

1.00
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