Gujarat Stamp Act, 1958
(whether with or without consideration). (a) of Debentures, being marketable securities whether the debenture is liable to duty or not, except debentures provided for by section 8 of the Indian Stamp Act, 1899. Explanation.—For the purposes of this clause, the term "debenture" includes debenture stock; (b) of any interest secured by a bond, mortgage-deed or policy of insurance; (c) of any property under section 22 of the Administrators-General Act, 1963; (d) of any trust property without consideration from one trustee to another trustee, of from a trustee to a beneficiary. Exemptions Transfers by endorsement— (a) of a bill of exchange, cheque, or promissory note; (b) of a bill of landing, delivery order, warrant for goods or order of mercantile document or title to goods; (c) of a police of insurance; (d) of securities of the Central Government.