stamp duty on share transfer

Page no : 2

Rashima Bhai (Company Secretary) (30 Points)
Replied 13 May 2009

Dear Karan

Share Transfer deed is only for the record of the Company .No need to file with ROC

Thanks

Rashima Bhai

yogita ghai (practising company secretary) (54 Points)
Replied 12 September 2009

is the same rate of stamp duty is applicable in the state of punjab in case of share transfer?

J. Manivannan (Advocate & IP) (242 Points)
Replied 12 September 2009

Hi All

At present 0.25% on total consideration in respect of transfer of shares by sale.

Rohit Ghaisas (Trainee) (22 Points)
Replied 20 July 2010

In Mumbai, from where can I get 'Share Transfer Stamps'

Nidhi Thakkar (CS Trainee.) (59 Points)
Replied 03 January 2011

Is stamp duty payable on share transfer certificate also??? if yes how much..??? please let me know the difference between transfer deed and transfer certificate.... why both need to be done..????

Regards

Nidhi Thakkar

poonam malpani (company secretary & compliance officer) (81 Points)
Replied 11 March 2011

Dear All,

the rate of stamp duty is 25 paise per Rs100/-

SANTOSH SHAH (Company Secretary) (754 Points)
Replied 11 March 2011

Originally posted by : Nidhi Thakkar
	Is stamp duty payable on share transfer certificate also??? if yes how much..??? please let me know the difference between transfer deed and transfer certificate.... why both need to be done..???? Regards Nidhi Thakkar

Hello Nidhi

Share Transfer Deed is Form 7B. Its a document which executes transfer from transferor to transferee

and needs to get duly stamped. Stamp Duty is 0.25 Paise for Rs.100/-.

Post this share certificate is issued to the Transferee , and stamp duty i guess, applicable is 0.10 paise for

Rs.100/- I dont think there is anything called Share Transfer Certificate in Companies Act 1956.

Issue of Share Certificate is itself a deemed transfer from transferor to transferee.

Experts,

Please advice and pardon me if am wrong.

regards

Santosh Shah

vidhya (Assistant Manager - Finance) (35 Points)
Replied 24 March 2011

Hey everybody

My Name is Vidhya. I Am a CS trainee.

what is the stamp duty payable in case of multiple transfer of Shares i.e.,

For eg. A transfers X shares to B, B transfers X shares to C, C transfers X shares to D. A is the holding co. of B and B of C and C of D. Is the stamp duty payable on each Share Transfer?

Srishti (Associate) (46 Points)
Replied 14 September 2011

Can we transer shares at NIL consideration.

and when there is no consideration of shares payable by transferee then

HOW TO CALCULATE THE VALUE OF STAMP DUTY ON THE SAME???????????

Jaideep (Service) (1368 Points)
Replied 15 September 2011

Hi Srilakshmi

Share transfer stamp duty is same i.e 25 paise per Rs. 100, all over India.

Regaqrds

Jaideep Pandya

SUBHASH KUMAR JAIN (CA) (31 Points)
Replied 16 January 2012

The stamp duty shall be levied @ .25% of market value of shares whether transferred with or without consideration ( Gift). The article 62 of Schedule I of Indian Stamp Act 1899 clearly states so.

SUBHASH KUMAR JAIN (CA) (31 Points)
Replied 16 January 2012

The stamp duty shall be levied @ .25% of market value of shares whether transferred with or without consideration ( Gift). The article 62 of Schedule I of Indian Stamp Act 1899 clearly states so.