Stamp value of transfer of shares by way of gift

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104 Points Posted on 06 December 2022
Do we need to affix requisite value of share transfer stamp or revenue stam on SH-4 when the transfer is executed by way of gift? What will be the value of stamp?
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On 06 December 2022 at 10:06 Report
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Transferring shares as a gift typically requires paying stamp duty. The rate is usually 0.015% of the total market value of the shares. The transferee, who is applying for the share transfer, is generally responsible for covering the stamp duty costs and completing the necessary formalities.

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SEO Sai Gr. Hosp.
212542 Points Posted on 06 December 2022

Yes, at normal rate of 0.015% of the total market value of the shares.

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On 06 December 2022 at 12:44
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104 Points Posted on 06 December 2022
It means gifting of shares requires payment of stamp duty. Right

further who will bear the stamp duty cost transferor or transferee?
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On 06 December 2022 at 13:19
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SEO Sai Gr. Hosp.
212542 Points Posted on 06 December 2022

As transferee would be required to apply for share transfer, it is his/her liability to complete the formalities.

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On 06 December 2022 at 14:04

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