Stamping of share certificate

stamping should be at registered place of co.

 Dear All !!

Can anybody here pl tell me how stamping of shares is carried out. I want to know the procedure.Pls provide professional answers.

Regards

Stamping of shares is a outdated thing now, as the shares are now in dematerialised format. . Still let me explain the thing to you.

The share certificates are not stamped individually. What the company does is that it calculates the total amount of stamp duty payable on all the shares issued on a particular date of during a particular period. the same is paid as consolidated stamp duty. if you have any physical share certificate to refer, you can see on it written on bottom,

"Consolidated Stamp Dudy Paid vide Notification No. : Mudrank, etc. 12345678, or something likewise"

it indicates the reference of the consolidated stamp duty paid.

Regards,

CA. Amol Gopal Kabra

Thanks for quick reply .

Regards

Can anybody here let me know the prevailing rates for stamp duty on shares ? I need the chart specifying the rates @ which the duty is payable to concerned states.

Thanks & regards

Dear All, Please tell me the rates of stamp duty on share certificates as applicable in Delhi. Does the value includes amount of premium and relevant law for the same. Also, is stamping done according to the place of regd. office or the place of holding BM for allotment.