Share transfer

Others 775 views 1 replies

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

Replies (1)

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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