Stamp Duty in Karnataka

[CS Kumar]

Dear Members

I am having a Share Certificate of Prism Cement Ltd of 200 numbers of shares having Equity Share of Rs. 10/- each.

I want to transfer the same to my friend in Bagalore. I want to know can I fix Revenue Stamp to the Transfer Form, if so where is it available in Bangalore.

If not available should i emboss the same and for what value I should emboss the same.

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Thanks and Regards

CS GOPISHEKHAR (KUMAR)

[ramela rangasamy]

Dear Friend,

You have affix share transfer stamps Rs.0.25 per every Rs.100/- not revenue stamp. You can approach stamp vendor.

R.Ramela

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From: CS Kumar <csgopi...@gmail.com>
To: csmy...@googlegroups.com; company_...@googlegroups.com
Sent: Wednesday, 14 March 2012 12:42 PM
Subject: [CSMysore] Stamp Duty in Karnataka

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[Prabhakar KS]

Hi, 

You can also approach Sub - Registrar office for franking.

"One person with a belief is equal to ninety-nine who have only interests - John Stuart Mill"

Adiyen Srinivasa Dasan
9740283835

[CS Kumar]

Dear Members

Thanks for your early information

CS GOPISHEKHAR

[Srikanth Reddy]

For share transfer the stamp duty shall be 0.25% of the sale consideration.

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With Regards

Srikanth Reddy Kolli
Company Secretary
+91 9618144661

[suman nani]

For share transfer there will be separate stamp, you cannot attach Revenue stamp

[Giri]

Dear Mr. Kumar,

You have to pay 0.25% stamp duty on total consideration. (i.e.
200x10x0.25/100 = Rs.5). You have three options. i.e. give duly filled
in share transfer form and have it registered by sub registrar office
or Bangalore stock holding near town hall or e stamping at post
office. Call me if you required any assistance.

Have a good day.

Regards,
Girisha M S
Bangalore
09739131668

On Mar 14, 12:12 pm, CS Kumar <csgopishek...@gmail.com> wrote:
> Dear Members
>
> I am having a Share Certificate of Prism Cement Ltd of 200 numbers of
> shares having Equity Share of Rs. 10/- each.
>
> I want to transfer the same to my friend in Bagalore. I want to know can I
> fix Revenue Stamp to the Transfer Form, if so where is it available in
> Bangalore.
> If not available should i emboss the same and for what value I should
> emboss the same.
>
> --

> *Thanks and Regards*
> *
> *
> *CS GOPISHEKHAR (KUMAR)*