In accordance with the Indian Stamp Act 1899 read with the laws for stamp duty of respective States and Union Territories - stamp duty is required to be paid in case of issue of share certificate by a company.
State
|
Rate of Stamp Duty
|
Applicable Law
|
Andhra Pradesh
|
Re. 0.30 (Paisa Thirty Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Andhra Pradesh Extension and Amendment)
Act, 1959
|
Arunachal Pradesh
|
Rs. 5.00 (Rupees Five Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Arunachal Pradesh Amendment) Act, 2007
|
Assam
|
Rs. 5.00 (Rupees Five Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Assam Amendment) Act, 2004
|
Bihar
|
Rs. 10.00 (Rupees Ten Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Bihar Amendment) Act, 1991
|
Chhattisgarh
|
Rs. 10.00 (Rupees Ten Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Chhattisgarh Amendment) Act, 2005
|
Goa
|
Rs. 10.00 (Rupees Ten Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Goa, Daman and Diu Amendment) Act, 1968
(c) The Indian Stamp (Goa Amendment) Act 2015
|
Gujarat
|
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of
the value of the shares, scrip or stock.
(the value of the shares, scrip or stock includes the amount of
premium, if any)
|
(a) Bombay Stamp (Gujarat Amendment) Act, 2013
|
Haryana
|
Rs. 0.40 (Paisa Forty Only) for each folio
irrespective of the consideration. One Rupee Revenue stamp can be affixed.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Haryana Amendment ) Act, 1971
|
Himachal Pradesh
|
Rs. 0.40 (Paisa Forty Only) for each folio
irrespective of the consideration. One Rupee Revenue stamp can be affixed.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Himachal Pradesh Amendment) Act, 1952
|
Jammu & Kashmir (J&K)
|
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of
the value of the shares, scrip or stock.
|
(a) The Stamp (Amendment) Act, 2011
|
Jharkhand
|
Two Annas for each folio irrespective of the
consideration. One Rupee Revenue stamp can be affixed.
|
(a) The Indian Stamp Act, 1899
|
Karnataka
|
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of
the value of the shares, scrip or stock.
|
(a) Karnataka Stamp Act, 1957
(b) Karnataka Stamp (Amendment) Act 2015
|
Kerala
|
Re. 1.00 (Rupee One Only) for each folio
irrespective of the consideration.
|
(a) The Kerala Stamp Act, 1959
|
Madhya Pradesh
|
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of
the value of the shares, scrip or stock.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Madhya Pradesh Amendment) Act, 2014
|
Maharashtra
|
0.1% (One percent) of the value of the shares, scrip or stock.
|
(a) Maharashtra Stamp Act, 1958
(b) Maharashtra Stamp (Amendment) Act, 2015
|
Manipur
|
Rates as in force in the State of Assam.
|
(a) The Indian Stamp Act, 1899
|
Meghalaya
|
Rs. 2.00 (Rupees Two Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Meghalaya Amendment) Act, 1993
|
Mizoram
|
10(Ten) paise for every 100(One Hundred) rupees or a part thereof, of
the value of the shares, scrip or stock.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Mizoram Amendment) Amending Act, 1996
|
Nagaland
|
Re. 0.45 (Paisa Forty Five Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Nagaland Amendment), 1989
|
Odisha (Orissa)
|
Re. 1.00 (Rupee One Only) for each folio
irrespective of the consideration. One Rupee Revenue stamp can be affixed.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Orissa Amendment) Act, 2001
|
Punjab
|
Rs. 10 (Rupees Ten Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Punjab Amendment ) Act, 2005
|
Rajasthan
|
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of
the value of the shares, scrip or stock.
|
(a) The Indian Stamp Act, 1899
(b) The Rajasthan Stamp Act, 1998
|
Sikkim
|
(a) The Indian Stamp Act, 1899
|
|
Tamil Nadu
|
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of
the value of the shares, scrip or stock.
|
(a) The Indian Stamp Act, 1899
(b) Tamil Nadu Stamp Act, 2013
|
Telangana
|
Rs. 10.00 (Rupees Ten Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Andhra Pradesh Extension and
Amendment) Act, 1959
|
Tripura
|
Rates as in force in the State of Assam.
|
(a) The Indian Stamp Act, 1899
|
Uttar Pradesh
|
Re. 1.00 (Rupee One Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Uttar Pradesh Amendment) Act, 1997
|
Uttarakhand
|
Re. 1.00 (Rupee One Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Uttarakhand Amendment ) Act, 2002
|
West Bengal
|
Rs. 0.60 (Paisa Sixty Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (West Bengal Amendment) Act, 1987
|
Union Territories
|
Rate of Stamp Duty
|
Applicable Law
|
Andaman and Nicobar Islands
|
||
Chandigarh
|
Rs. 0.40 (Paisa Forty Only) for each folio
irrespective of the consideration.
|
|
Dadra and Nagar Haveli
|
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of
the value of the shares, scrip or stock.
|
|
Daman and Diu
|
Rs. 10.00 (Rupees Ten Only) for each folio
irrespective of the consideration.
|
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Goa, Daman and Diu Amendment) Act, 1968
|
National Capital Territory of Delhi (NCT of
Delhi)
|
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of
the value of the shares, scrip or stock.
|
(a) The Indian Stamp (Delhi Amendment) Act, 2001
|
Lakshadweep
|
(a) The Indian Stamp Act, 1899
|
|
Puducherry (Pondicherry)
|
(a) The Indian Stamp Act, 1899
|
Disclaimer: We have made best efforts to compile the above information. However,
you are requested to refer to the relevant Stamping laws in force of the
concerned State/Union Territory and/or consult with respective statutory
authorities before proceeding with any actual transaction. We shall not be held
responsible for any discrepancy or inaccuracy found in the above
information. Any discrepancy found in the above may be brought to our
notice through email or comment below.
what is the rate of stamp duty for share holders agreement in telangana
ReplyDeleteWhat is the current share stamp duty rate in noida?
ReplyDelete'One rupee' as per item no. 20 of Schedule to the Uttar Pradesh Stamp Act 2008. There doesn't seem to be any amendments on it afterwards. You can check with any nearby Sub-Registrar's Office of Stamp and Registration Department of Govt of UP. Call them up.
DeleteRespected Sir/Madam,
ReplyDeletePlease tell whether Stamp Duty will be payable on Authorized or paid part only. like our company has authorized capital of Rs 10 Lakhs and out of that paid up capital is Rs 5 Lakhs only.
Please also tell the method by which It can be paid if our registered office is in Surat, Gujarat.
Stamp duty is payable on the Authorised share capital. Not on paid up capital. Stamp duty is paid on authorised capital during incorporation of the company. After that as and when a company increases the Authorised capital it pays the stamp duty on the increased amount only.
DeleteStamp duty is paid electronically these days through MCA portal.
Additionally, during the issue and allotment of shares (i.e. increase in paid up capital) the stamp duty is paid on the share certificate (i.e. on folio basis or on consideration etc) as mentioned in this article above.
Stamp duty on share certificate is paid through Franking on share certificate or e-stamping or affixing stamps. Different states have different modes for this.
Refer for more info: http://www.mca.gov.in/MinistryV2/estamp.html
what is the current share transfer stamp duty rate in Pune?
ReplyDeleteI think it is "One rupee for every rupees 10,000 or part thereof, of the value of the security at the time of its purchase or sale, as the case may be".
DeleteCheck out: igrmaharashtra.gov.in >> Publications >> Schedules >> Schedule I of Maharashtra Stamp Act
Can you help us paying Stamp Duty in the State of MP
ReplyDelete