High Court clarifies Item 22(1) of the First Schedule of the Stamp Act and the Remission Order

Ann Joo Integrated Steel Sdn Bhd v Pemungut Duti Setem [2022]

This is a stamp duty appeal under s 39(1) of the Stamp Act 1949 ("the Act") made by way of a Case Stated under s 39(2) of the Act.

Plaintiff is seeking for inter alia a declaration that the Notice of Stamp Duty Assessment dated 13 February 2019 issued by Defendant ("the assessment") is erroneous, null and void.

Stamp Act

Sub-item 22(1) of the First Schedule of the Act, upon being amended by the Finance Act 2018, states the following: