Stamp duty on share certificate
This query is : Resolved
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 ?
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 ?
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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