Rohit R. Agrawal (Partner) (82 Points)
17 March 2016
Dimple Malik
(Professional)
(23 Points)
Replied 17 March 2016
Form 3 LLP is to be filed for supplementary agreement and Form 4 LLP is to be filed for Appointment of Designated Partner. On the amount of Rs. 1000 stamp Paper is required. In Form 3 LLP attached the Supplementary Agreement. No attachment is required in Form 3 LLP
Dimple Malik
(Professional)
(23 Points)
Replied 17 March 2016
Relevant Extract from Maharashtra Stamp Amendment Act, 2015
(24) for Article 47, the following Article shall be substituted, namely:-
“47. PARTNERSHIP—
| (1) Instrument of any partnership inclusive of, Limited Liability Partnership and Joint Venture to run a business, earn profits and to share profits, whether in cash or in kind | |
| (a) where there is no share of contribution in partnership, or where such share contribution brought in by way of cash does not exceeds 50,000. | Five hundred rupees. |
| (b) where such share contribution brought in by way of cash is in excess of rupees 50,000. | One per cent. of the amount of share contribution subject to maximum of rupees fifteen thousand. |
| (c)where such share contribution is brought in by way of property, excluding cash. | The same duty as is leviable on a Conveyance under clause (a), (b) or (c), as the case may be, of Article 25, on the market value of such property. |
| (2) Dissolution of partnership or retirement of partner inclusive of, Limited Liability Partnership and Joint Venture to run a business, earn profits and to share profits, whether in cash or in kind | |
| (a) where on dissolution of the partnership or on retirement of a partner any property is taken as his share by a partner other than a partner who brought in that property as his share of contribution in the partnership. | The same duty as is leviable on a Conveyance under Clause (a), (b) or (c), as the case may be, of Article 25, on the market value of such property, subject to a minimum of rupees one hundred. |
| (b) in any other case | Five hundred rupees.”; |
B Memorandum of Association:
Stamp duty on MOA increased from Rs. 200 to Rs.1000
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 21 April 2016
Supplement LLP AGreement need to be executed and form LLP 3 will be filed.
Desai
(CS)
(329 Points)
Replied 01 June 2016
Hello
Please suggest how much stamp duty is to be paid in supplementary agreement of LLP
We are just changing the slab of profit sharing ration (not changing the % of profit) as we have profit sharing % profit slab wise.
where it is provided that we have to pay stamp duty in supplementary agreement of LLP ? ?
please suggest
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 01 June 2016
Supplimentary LLP Agreement is to be executed on Rs. 750 stamp papers.
Pratik Shah
(Practising Company Secretary)
(4432 Points)
Replied 01 June 2016
In Mumbai, supplementary LLP is to be executed in Rs 500 stamp paper, if there is no change in capital.
Deepak Sahni
(CA in Practice)
(65 Points)
Replied 10 April 2019
what about Delhi? how much Stamp duty needs to be paid if NO change in share capital..plz guide
CAclubindia
