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Stamp duty on issueof share certificate in mumbai

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Hi,

Can anyone assist in payment of stamp duty on issue of share certificate in Mumbai ?

Pl suggest me, if it can be done online ??

Thanks in Advance !!

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1 Replies

Vidnya (Practicing CS) (82 Points)
Replied 10 January 2017

Hi,

I have some queries about issue of share certificates in maharashtra.

1. Can stamp duty be paid on share certificate before approval of allotment? since as per stamp act, stamp duty has to be paid on or before execution.

2. What is the procedure for online payment of stamp duty on share certificate in mumbai, is it through GRAS, if yes, pl provide detailed procedure.

3. Is Stamp duty payable on total consideration i.e. nominal value + premium, if any?

Pl clerify my doubts.