Stamp duty on Share Transfer

[Alok Mulve]

Dear All,

            I would like to know the rate of Stamp duty paid on share transfer in the state of Gujarat. In Maharashtra it is 0.25% so, how much is in State of Gujarat?? 

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Thanks & Regards,

Alok

 

 

[ACS Poonam Jain]

Hi,

In case of share transfer the stamp duty is uniform for all over India which is 25 paise per hundred Rupees or part 

thereof, of the value of shares.

Thanks

Poonam.

 

 

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Regards

Poonam.

[Alok Mulve]

Thank u....

Thanks & Regards,

Alok

 

 

[Sairam]

Hi,

I too hope that rate applicable for stamp duty is uniform all over the state.

Someone correct me if i am wrong.

[Rajesh Khandelwal]

yes, it is stable/fix rate of stamp duty all over India.

++ :)

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Date: Sat, 16 Mar 2013 05:13:23 -0700
From: c...@vakilsearch.com
To: csmy...@googlegroups.com
Subject: [CSMysore] Re: Stamp duty on Share Transfer

[ULHAS BHAT]

Refer to Indian Stamp Act. It is a Central Subject, however collection being by States, the manner of stamping is affected. For example, in Karnataka, it is done through franking at Stock Exchange-though even that is now not available.
What we do is to get Transfer Stamps from Kerala & Tamil Nadu.
Regards,
Ulhas

On Saturday, March 16, 2013 5:18:22 PM UTC+5:30, Alok wrote:

[naseej naseej]

U can get transfr stamp frm Stamp vendor in Kerala

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