21 November 2009
Hi, can anyone let me know that what will be the stamp duty on issue share certificate and which kind of stamp will be applicable. same query in case of share transfer (amount of stamp duty and kind of stamp). My company is having registered office at Rajasthan.
22 November 2009
The rate of stamp duty in issuance of share certificates is determined by the respective state stamp laws. You may please refer to the stamp act applicable to the state of rajasthan.
On transfer of physical share certificates, the stamp duty rate is 25 paise for every Rs. 100/- market value of shares.