Section 8 of The JAMMU AND KASHMIR REGISTRATION OF CONTRACTORS ACT, 1956.

Notwithstanding anything contained in the Stamp Act, 1977, a deed to be executed by a contractor for carrying out works in the Department shall be chargeable with stamp duty calculated at rates not exceeding 1 p.c. as may be determined by the 1[Government of the Union territory of Jammu and Kashmir] on the sum for which the work has been sanctioned by the competent authority.