Llp agreement

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AJIT MISHRA (Querist)
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22 September 2012 Respected Experts,

I have registered a LLP having capital Rs. 1,00,000. Now I have to submit the LLP Agreement. Can anyone say that Stamp Paper of how much amount needed?

Hemant Kumar

Hemant Kumar (Expert)
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22 September 2012 There is no specific rule mentioned in llp rules relating to Stamps for Agreement.

Hemant Kumar

Hemant Kumar (Expert)
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22 September 2012 If Capital is 100000 and partner is more than 2 then you need Rs. 200 stamp for Agreement.

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AJIT MISHRA

AJIT MISHRA (Querist)
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22 September 2012 THANKS,
THERE ARE ONLY TWO PARTNERS. AND CAPITAL IS RS. 100000 ONLY.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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22 September 2012 Stamp duty on LLP agreement is governed by the respective stamp duty law of the state in which it is to be executed. The stamp duty on LLP agreement is not separately provided under any stamp law at the moment, it is regarded as the same payable on a partnership deed.