Stamp duty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 March 2012
Can anybody tell what is the implication of stamp duty if shares of Indian Company are transferred by a Mauritius Shareholder to Singapore Shareholder.
Whether stamp duty need to pay in India or not if shares are tranferred by Non resident to non resident
Whether stamp duty need to pay in India or not if shares are tranferred by Non resident to non resident
16 March 2012
Hi
There is no need to pay duty in India. Read Master Circular issued by RBI on FDI.
Regards
There is no need to pay duty in India. Read Master Circular issued by RBI on FDI.
Regards
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