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Stamp duty

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Querist : Anonymous

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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
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Ajay Mishra

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Ajay Mishra (Expert)
16 March 2012 Hi


There is no need to pay duty in India. Read Master Circular issued by RBI on FDI.



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