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Stamp duty on share certificate

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(Querist)
30 July 2011 Dear Experts,
I want to know that our company , registerd office delhi, is issuing shares in Delhi.

Whether revenue stamp may be used/pased on share certificate for payment of stamp duty or not ?
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Amol Gopal Kabra (CA,CS,DISA)

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
30 July 2011 No. The stamp duty should be paid by way of franking. It can be paid as consolidated duty for more than one certificate.

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