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Discussion > Shares & Stock > Others >

Stamp duty on spliting of shares

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[ Scorecard : 48]
Posted On 25 January 2013 at 10:38 Report Abuse

Hi members,

When the shares are splitted, we need to pay stamp duty again on the splitted shares, where we already paid stamp duty on shares before splitting.

Can anyone suggest on this.

Thanks & Regards,

Karthik



shristi
executive

[ Scorecard : 90]
Posted On 29 January 2013 at 14:39

NO STAMP DUTY IS NOT TO BE PAID ON THE SPLITTED SHARES. YOU CAN MENTION ON THE CERTIFICATE THAT THEY ARE ISSUED ON SPLITTING OF CERTIFIACTE NO. ________ ON WHICH STAMP DUTY WAS DULY PAID.



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