42. POWER TO EXEMPT FROM TAXATION (POWER TO REFUND)
(1)The State Government, by notification in the Official Gazette, may, in the case of any society or class of societies, [reduce or remit, whether prospectively or retrospectively, in the whole of the State or any part thereof]—
(a) the stamp duty with which, under any law relating to stamp duty for the time being in force, instruments executed by or on behalf of a society or by an officer or member thereof, and relating to the business of the society, or any class of such instruments, or awards of the Registrar [or Co-operative Court] under this Act, are respectively chargeable.
(b) any fee payable by or on behalf of a society under the law relating to the registration of documents and to court-fees, for the time being in force, and
(c) any other tax or fee or duty (or any portion thereof) payable by or on behalf of a society under any law for the time being in force, which the State Government is competent to levy.
(2) [The State Government may refund the amount of any tax, fee or duty paid in pursuance of any law referred to in sub-section (1) in such circumstances, to, such extent and subject to such terms and conditions, if any, as the State Government may by order determine.]