Stamp duty above the value of Rs. 25,000 is payable by a pay order/ demand draft/cheque which must be drawn in favour of “The Superintendent of Stamps, Mumbai”. Alternatively, a pay order can be drawn in favour of “The Reserve Bank of India- A/c Stamp Duty, Mumbai”. The original instrument is then franked with the value of the stamp duty. Adhesive stamps are no longer used in Mumbai city.
Stamp Duty up to the value of Rs. 25,000 can be paid in cash. A receipt is issued by the concerned office for the stamp duty amount.