Share transfer stamps
This query is : Resolved
01 November 2011
Dear All,
We have to pay share transfer stamp duty. The consideration amount is too large. I want to know the denomination of share transfer stamps ???
Thanks in Advance.
We have to pay share transfer stamp duty. The consideration amount is too large. I want to know the denomination of share transfer stamps ???
Thanks in Advance.
04 November 2011
Stamp Duty on share transfer stamp is same all over India irrespecive of the state in which registered office of the company is. It is 0.25% of the consideration (not face value) of the share transfered. You pl buy required amount of SHARE TRANSFER STAMP and affix on the placed marked in the back of transfer deed and cancell that by crossing or putting a line across it.
Regards
Regards
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