Stamp Duty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 May 2010
Does stamp duty have to be paid on moveable/immoveable assets pursuant to transfer of business to sister concern? Plz quote relevant sections of the applicable act. Information required urgently. Thanks
26 May 2010
Stamp Duty has to be paid for the immovable property. As regards, movable property, VAT has to be paid.
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