Stamp duty on the various contracts for the sale or sale of a document must be paid in accordance with the laws of the state in force. In countries like Maharashtra, the sales agreement is very important and stamp duty is applied, which keeps it on an equal footing to transfer ownership to the buyer. The minimum price at which stamp duty must be paid in the event of a transfer of immovable property is called the „Cercle of Government Rate“. If the price paid by a buyer is lower than the circle rate, stamp duty is paid on the district/government rate. As a rule, the governments of the Länder apply stamp duty and registration duty at the indicated value or district/government rate, whichever is higher. According to stamp duty, 1% of the value of the property is collected as a registration fee to be paid for the registration of the instrument. While a sales contract promises a transfer of ownership in the future, an instrument of sale is an effective transfer of ownership. What the sales contract creates is a right for the buyer to buy the property in question under certain conditions. Likewise, the seller obtains the right to obtain the consideration of the buyer if his part of the general conditions of sale is respected. Movable property includes material property that is not land, buildings and other immobile objects. For example, machines, tools, vehicles, raw materials, consumer goods, etc. In India, the sale of property is governed by the Sale of Property Act 1930.