dear all,
i want to transfer shares in a pvt ltd co.
require stamps worth Rs. 900
what typ of stamps wud b required and where do i get these stamps
Ajay Mishra
(Company Secretary)
(74332 Points)
Replied 20 February 2012
Hi
It is required to pay stamp duty of Rs. 900/- to your concerned revenue department. For this , an application should be made to the SDM. there are following stage for stamping:
Stage-1 Application to SDM (Concerned Registered Office of the Company)
Stage-2 Application forwarded by SDM to Finance Secretary
Stage-3 Finance Secretary Send Note to the Governor of the state
Stage-4 After due approval Finance secretary issue an approval to SDM
Stage-5 SDM issue challan on the basis of approval
Stage-6 Amount of stamp duty deposited in bank
Stage-7 A certificate of payment of duty issued by the SDM
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