Stamp Duty on LLP Agreement

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 March 2010 What is the stamp duty required for an LLP agreement in Karnataka? As the agreement is not required to be registered like regular partnership firm, I presume, Rs.1000/- stamp paper is not required.

Rasesh

Rasesh (Expert)
Follow

15 March 2010 I belive that the stamp duty would be as per the state stamp act. Since LLP is a partnership (which has a seperate legal status), the Stamp duty would be such as would be applicable to a Partnership agreement only.

In Karnataka: Article 40 to the Schedule provides for the same.