Industrial traininggg

What is the RATE of stamp paper required  for registration in industrial training ?

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For registration in ICAI Industrial Training, you must execute the agreement (Form 104) on a non-judicial stamp paper or by affixing a special adhesive stamp.

Key Points regarding Stamp Paper:

  • Value: The value of the stamp paper is not a fixed national rate; it is determined by the Stamp Duty Act of the respective State where the agreement is being executed. You should check the current stamp duty rate applicable in your specific city or state.

  • Timeline: The deed must be executed and submitted within 30 days of the commencement of your industrial training.

  • Execution: After generating the PDF of Form 104 from the ICAI Self Service Portal (SSP), you must print it on the stamp paper, get it signed by both you and your principal (the member of the Institute overseeing your training), and upload the scanned copy back to the SSP portal.

Summary:

The required value for the stamp paper depends on your local state laws. You should procure a non-judicial stamp paper of the appropriate value as per your state's regulations, execute the Form 104 deed within 30 days of starting your training, and upload the signed document to the ICAI SSP portal.

ICAI Industrial Training Manual — This video provides a step-by-step walkthrough for submitting Form 104 on the ICAI portal.

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