Stamp Duty rates on Share Certificates?

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Student
12 Points Posted on 23 June 2021
Hi.
I have read somewhere that new Stamp Duty rates on Share Certificates are uniform throughout the Country @ 0.005% from July 1 2020. Is this correct or it is still rs. 1 for every rs. 1,000. I am from Mumbai. Please do help.

And also if anyone can share the procedure for Share Certificate Stamping in Mumbai. Thank you in advance.
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On 23 June 2021 at 14:26 Report
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Quick Summary
This discussion clarifies the Stamp Duty rates applicable to share certificates. It confirms that as of July 1, 2020, a uniform rate of 0.005% applies nationwide. The conversation also seeks information on the specific procedure for stamping share certificates in Mumbai.

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Chartered Accountant
24588 Points Posted on 23 June 2021
No,it will be 0.005%
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On 23 June 2021 at 17:00
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Student
12 Points Posted on 23 June 2021
Thank you Sourav. Can you help me regarding the Stamping Procedure in Mumbai?
1 Reply
On 23 June 2021 at 20:37

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