3. Who is liable to pay stamp duty and in whose name are the stamps required to be purchased?

The liability of paying Stamp Duty is that of the buyer unless there is an agreement to the contrary. Section 30, of the Bombay Stamp Act, 1958 states the liability for payment of Stamp Duty.
 

The Stamps are required to be purchased in the name of any one of the executors to the instrument.

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