Failure to pay on time is subject to a heavy penalty.  Reference may also be made to section 17 of the Maharashtra Stamp Act, which allows for the payment of stamp duty on the working day following the day of performance. This tax is calculated according to the value of the property and usually amounts to a certain percentage of the total amount to be paid. While the rate of stamp duty varies from one State to another, the general basic principle of the tax remains the same. Stamp duty is considered a legal tax that must be paid in full when concluding a transaction. While the buyer usually pays stamp duty, there are cases where the buyer and seller decide to distribute the stamp duty in accordance with a previously signed agreement. Within the meaning of the Indian Stamp Act and most state stamp duty laws, stamp duty tainted instruments are inadmissible as evidence if appropriate stamp duty has not been paid. . .