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Rate of stamp duty (Shares & Stock)

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This query is : Resolved

Author : Anonymous

( Author )
01 February 2013

What is the rate of stamp duty in case transfer of shares in private limited company?
Shares are not listied on any exchange and held in physical form.

thanks in advance


Ajay Mishra

( Expert )
09 February 2013

Hi

Stamp duty for transfer of shares is 25 paise for every Rs. 100 or part thereof of the value of shares as per Notification No. SO 130(E), dated 28-01-2004 issued by the Ministry of Finance, Department of Revenue, New Delhi.

Go to the following link, it may help you:

http://www.cse-india.com/new_web/FAQ/STAMP%20DUTY%20FAQS.pdf



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