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Stamp duty on issue of shares

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 February 2013 I have incorporated a company having share capital of rs 100000 and paid stamp duty at the time of incorporation. I have issued share certificates containing 10*10000. Now i have nerd to pay stamp duty on share certificates or not. If what is the rate in up. Pls reply.
Regards.....
Abhishek
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Ajay Mishra

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Ajay Mishra (Expert)
27 February 2013 Hi

Yes, you will pay stamp duty as per rate specified in your concern State on Issue of share Certificate.

In U.P. it is Rs. 1 on issue of share certificate.
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