Rate of stamp duty payable incase of issue of shares

Pvt ltd 2687 views 3 replies

Dear Members

 

Please help

 

What would be rate of stamp duty payable incase of issue of share certificate in noida.

is it Re.1 irrespective of consideration.that means i have to put Re. 1 revenue stamp.

 

please clarify

Replies (3)

I am adding another question, if BOD meeting held in U.P. for share allotment and company registered in Delhi which states Stamp duty will be applicable.  

Dear members

 

Plz reply to the above query.

Also confirm what will be rate of stamp duty incase of issue of debentures if board meeting is held in noida.(U.P)

Thanks in anticipation

 

Anchal

As per Indian Stamp Act, 1899, stamp duty shall be payable on instrument where it has bee executed.


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