Section 18 — Instruments other than bills and notes executed out of India.

(1) Every instrument chargeable with duty executed only out of 2 [India], and not being a bill of exchange 3 *** or promissory note, may be stamped within three months after it has been first received in 2 [India]. (2) Where any such instrument cannot, with reference to the description of stamp prescribed therefore, be duly stamped by a private person, it may be taken within the said period of three months to the Collector, who shall stamp the same, in such manner as the 1 [State Government] may by rule prescribe, with a stamp of such value as the person so taking such instrument may require and pay for.

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