Stamp duty on llp agreement

CS VIRAL SANGHAVI (Proprietor) (89 Points)

20 August 2012  

 

Can any one guide me what will be the stamp duty payable on the LLP Agreement. 
 
I was in impression that its same as per Partnership Agreement, so whatever we pay in case of partnership, we pay on LLP also.
 
But a senior CS told me that there is no separate entry for LLP Agreement in the stamp act, hence no specific stamp duty.
 
Please give your valuable guidance and experience.