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Stamp duty on transfer of shares

25 March 2011

I understand stamp duty on transfer of shares is 0.25%.

Is it applicable on anywhere in India or do we still need to look at State acts...like Delhi where it says 0.75%...so what would be stamp duty in Delhi.

regds

deepak

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4 Replies

Jayashree S Iyer (Company Secretary) (3224 Points)
Replied 25 March 2011

Stamp duty varies from state to state. So follow the Stamp Act applicable to your state.

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Sudhir Garg (Service) (236 Points)
Replied 25 March 2011

I understand stamp duty on transfer of shares is same all over India i.e. 0.25%.

Regards- Sudhir

CS Rajveer Rai, Gurgaon (CS) (646 Points)
Replied 01 August 2011

Stamp duty on transfer of shares is chargable at common rate however in case of debenture it vary from state to state

Shweta (Audit) (39 Points)
Replied 19 April 2012

Dear Mr Rajveer Singh,

On what amount is the stamp duty chargeable? In my case the company owns a land but also have unsecured loans. Should I be netting it off to determine the amount on which the stamp duty needs to be paid?

Regards,

Shweta