Stamp duty on share certificates

Others 13696 views 14 replies

 

Currently Stamp duty on issue of share certificates is Rs. 1 for every one thousand Rs. of value of share. Previous to this amount of duty was re. 1/- irrespective of the value of share certificate, can anybody tell me the date upto which the duty was Re. 1/-

Regards,

Poonam

 

Replies (14)

i think this was increased vide in amedment 2003

Here are the stamp duty rates which were applicable from time to time-

 
STAMP DUTY FOR SHARE CERTIFICATES
 
 
 

Upto 09-12-1985
0.50 paise per share certificate
 
From 10.12.1985 to 16.03.1988
 
Re. 1 per share certificate irrespective of value
 
From 17.03.1988 to 31.03.1993
 
Re. 1 for Rs. 100/- or part thereof (1%)
 
From 01.04.1993 to 30.4.1994
 
50 paise per Rs.100/-
 
With effect from 01.05.1994
 
Re. 1 for every one thousand including premium. (i.e. issue value)

 

 

No i think this date is 1st July, 2001, pls confirm

Q 1. where stamp duty arise ? whether place of issue (where Board meeting has been done or Registered office of the company)

Q2. what is rate of stamp duty on share certificate at uttar pradesh.

please tell me the stamp duty on issue of share certificate and transfer of share certificate in Delhi & in U.P.

Can anyone let me know the stamp duty to be paid on share certifiactes in Uttar Pradesh
Originally posted by :Guest
" Can anyone let me know the stamp duty to be paid on share certifiactes in Uttar Pradesh "


 

As perentry -19 & 36 to schedule-IA of UP Stamp act, the rate is 2 annas per certificate irrespective of value of shares.

Originally posted by :Guest
" Can anyone let me know the stamp duty to be paid on share certifiactes in Uttar Pradesh "


 

 

pls let me know it is necessary to pay stamp duty on issue of Duplicate Share Certificates? and on issue of Consolidated Share Certificate?

i am a company secretary. i need your information and assistance to grow.

Originally posted by :Guest
" i am a company secretary. i need your information and assistance to grow. "


 

to issue the share certificate the stamp duty in delhi is 0.1 percent, but for transfer of share it is 0.25% in delhi

What is the stamp duty on allotment of shares at Chennai in the state of Tamil Nadu ?

Hi, I want to know what will the Share No if Mr. A transfer part of his shares to Mr. X & Mr. Y. in a Private Limited Comp. 

Mr. A held 1 to 5,000 shares. Now he transfers 1500 shares to Mr X & 1500 Shares to Mr Y & he himself holds balance 2000 shares. Now at the time of Issuing the Certificate what will be the Share Numbering in the Share Certificate

Also do the company needs to pay any kind of Stamp Duty & can it be paid on line.

Any one please provide me a copy of notification for consolidate stamp duty on issue of share certificate at Delhi NCT.


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