Stamp Duty (SD)was first introduced in Sri Lanka under the Stamp Duty Ordinance of 1909. Stamp Duty Act No. 43 of 1982 enacted in 1982 replaced the Ordinance. With the devolution of certain legislative powers to Provincial Councils under the 13th Amendment to the Constitution, the authority to legislate for Imposing Stamp Duty on transfer of immovable properties, transfer of motor vehicles and documents filed in legal proceedings is vested with Provincial Councils (w.e.f 1991).

Part III of the Finance Act No. 11 of 2002 made provisions for abolishing the operation of Stamp Duty Act No.43 of 1982 (w.e.f. May 2002). Stamp Duty (Special Provisions) Act No.12 of 2006 while imposing Stamp Duty on certain specified instruments made provisions for re-operation of Stamp Duty Act No. 43 of 1982 with limited scope (w.e.f April 04, 2006).
 

Relevant Gazette Notifications:


SD Rates:
  • Gazette Extra-Ordinary 1439/1 (Dated 03.04.2006) (from 04/04/2006 to 06/10/2006)
  • Gazette Extra-Ordinary 1465/19 (Dated 05.10.2006) (from 06/10/2006)
  • Gazette Extra-Ordinary 1439/3 (Dated 03.04.2006) (for North East property transfers)

SD Exemptions:
  • Gazette Extra-Ordinary 1439/2 (Dated 03.04.2006) (from 04/04/2006 to 06/10/2006)
  • Gazette Extra-Ordinary 1465/20 (Dated 06.10.2006) (from 06/10/2006)
  • Gazette Extra-Ordinary 1478/7 (Dated 01.01.2007)