The Company is in Maharashtra, Transferee and transferor of the shares are in Maharashtra
My question is
1. Whether stamp duty payable on transfer of share is to be paid to Union Government?
2. Whether Stamp duty payable on issue of new share certificate because of above mentioned transfer is to be paid to state government?
3. Whether revenue stamp can be used to pay stamp duty to Union Government? Is it need to be signed and stamped by any government authority?
4. What are the types of adhesive stamps available for paying stamp duty in Maharashtra on share certificate issue?
Thanks in advance

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Dear Expert,

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