In the absence of an agreement to the contrary the expense of providing the proper stamp shall be borne,-
(a) in the case of any instrument described in any of the following Articles of the Schedule, namely :-
No. 2 (Administration bond)
No. 6 (Agreement relating to deposit of title-deeds, pawn or pledge)
No. 14 (Bond),
No. 15 (Bottomry Bond),
No. 25 (Customs Bond),
No. 30 (Further charge-instrument of)
No. 32 (Indemnity Bond),
No. 37 (Mortgage deed),
No. 48 (Release),
No. 49 (Respondentia Bond),
No. 50 (Security bond or Mortgage-deed),
No. 51 (Settlement),
-by the person drawing, making or executing such instrument;
(b) in the case of a conveyance (including a re-conveyance of mortgaged Property) - by the grantee; in the case of a lease or agreement to lease by the lessee or intended lessee;
(bb) in the case of a leave and licence agreement-by licence.
(c) in the case of a counterpart of a lease-by the lessor;
(cc) in the case of Bank Guarantee, Licence relating to arms and amunitions, Limited Liability Partnership (LLP)- by the person in favour of whom instrument is executed.
(d) in the case of an instrument of exchange--by the parties in equal shares;
(e) in the case of certificate of sale--by the purchaser of the property to which such certificate relates;
(f) in the case of an instrument of partition-- by the parties thereto in proportion to their respective shares in the whole property partitioned, or when the partition is made in execution of an order passed by a revenue authority or Civil Court or arbitrator, in such proportion as such authority, Court or arbitrator directs;
(ff) in the case of a works contract or a sub-contract--by the Contractor or sub-contractor, as the case may be;
(g) in the case of any other instrument chargeable with stamp duty under this Act--by the person executing the instrument.