Stamp duty of moveable propery (jcb)


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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2011 Dear Sir/Madam

Can you advise me how we can calculate, stamp duty.

Actually when we file eform 8 to create charge on a JCB, gujrat state is paying .25 % stamp duty on finance amount as per bombay stamp act 1958 and ammed. Now i want to know for same asset how we will calculate stamp duty in bombay.

What is the process to know/calculate stamp duty to file eform 8 of ROC (state wise)

Atul Sharma

CS Bijoy (Expert)
31 August 2011 Stamp duty is subject to State Act so you need to follow the rate and other formalities applicable in Bombay.


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