Stamp duty on split of Share certificate

Pvt ltd 1895 views 3 replies

ACS

209 Points Joined June 2009

Co's registered office is situated in Delhi. in case of split of share certificate, how much stamp duty is to be paid and also in what manner?

Replies (3)

ACS

209 Points Joined June 2009

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Guest

No Stamp Duty shall be Paid on the Split of the Share Certificate. As Ownership of the share is not transferred.

Moreover, On the Original Share Certificate has already been paid.

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If you need further clarification than contact me

CS Ankur Shah (Practicing Company Secretary)

“Guru Gautam” Bungalow, Inside Parshwa Tower,

Nr. Shyamal Cross Road, 132ft. Ring Road,

Satellite, Ahmedabad – 15

Contact: + 91-9427633901

E-mail: ankur @ csankur.com, ankurjewel @ gmail.com

Blog: csankur.blogspot.com

Website: www.csankur.com

CA; CS-Final (One Group); DISA (ICAI); I

442 Points Joined August 2009

Fully agree with the reply of Mr. Ankur Shah.

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