Please Help: STAMP DUTY RATES ON TRANSFER OF SHARES
Posted Date : 18-Sep-2012 , 11:39:51 am | Posted By: PRIYANKA
Category :
Corporate Law | Answers :
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what is the rate of stamp duty on transfer of shares and allotment of shares.From where do we get to know that what are the current rates of stamp duty on transfer or allotment of shares. Also pls clarify that how this stamp duty needs to be paid..i.e, is it the ordinary revenue stamps or there are some share transfer stamps specifically ..?? |
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Answers:
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 Answer by: CA.Khurana Vivek |
| Rate of Stamp Duty in Delhi in case of Allotment of share is .25% % in case of Transfer is .10%. Stamp duty rates are different as per State level. In delhi its cover under Delhi Stamp Act. You have to pay consolidated Stamp duty but in some states you can pay thru revenue Stamps. Cover under Revenue Department of State.
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