Stamp duty on share certificate
This query is : Resolved
jayesh sharma
(Querist)
24 August 2012
Please tell me that whether the Revenue stamps, which is to be affixed on share certificate, are available in Denomination of More than Rs. 1 or not?
Another thing, if i want to affix the revenue stamp on any share certificate which is of larger amount, than is it correct if i affix the stamp on the share certificate and balance on another sheet, which is annexed share certificate?
pls do reply.
Please tell me that whether the Revenue stamps, which is to be affixed on share certificate, are available in Denomination of More than Rs. 1 or not?
Another thing, if i want to affix the revenue stamp on any share certificate which is of larger amount, than is it correct if i affix the stamp on the share certificate and balance on another sheet, which is annexed share certificate?
pls do reply.
Ajay Mishra
(Expert)
11 September 2012
Hi
Its depend on state to state, whether revenue stam is applicable to their state or other stamp. please check the same in your applicable stamp act.
Its depend on state to state, whether revenue stam is applicable to their state or other stamp. please check the same in your applicable stamp act.
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