The Form-1 has given option to the company to pay stamp duty online through MCA portal or physically.
1. Stamp duty on e-Form-1, Memorandum of Association and Articles of Association can be paid electronically through the MCA portal and in such case submission of physical copies of the uploaded e-Form-1, MoA and AoA to the office of ROC is not required.
2. Payment of stamp duty electronically through the MCA portal is mandatory in respect of the States which have authorised the Central Government to collect stamp duty on their behalf. In respect of the States from whom the authorization is yet to be received, the company will continue to pay outside the MCA portal.
3. In case, stamp duty is not paid electronically through MCA portal, it is required to deliver simultaneously the original stamped physical copies of the uploaded e-Form-1, MoA and AoA along with a copy of challan/receipt in the concerned office of ROC failing which such e- Form shall be put into “Waiting for User Clarification” in terms of Regulation 17 of the Companies Regulations, 1956.)