Section 51. Power to remit certain duties, fees etc.

(1) The State Government may by general or special order in the case of a registered cooperative society or class of registered cooperative societies remit any tax, cess or fee payable under any law for the time being in force or the rules thereunder in respect of which they are competent to remit such tax, cess or fee. (2) The State Government may, in respect to any registered cooperative society or class of registered co-operative societies, by notification in the official Gazette, remit- (a) the stamp duty other than stamp duties falling within item 91 or item 96 in list 1 in the Seventh Schedule of the Constitution of India with respect to any instrument executed by, or on behalf of, or in favour of, a registered co-operative society, or by an officer or on behalf of a member thereof, and relating to the business of such co-operative society or any class of such instruments, co-operative demand certificates or decisions awards or orders of registrar or arbitrators under this Act, in cases where, but for such remission, the registered co-operative society, officer or member thereof, as the case may be, would be liable to pay the stamp duty chargeable under any law for the time being in force, in respect of such instrument; and (b) any fee payable by a registered co-operative society under any law for the time being in force for the registration of documents or of court fee for the time being in force.