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    Stamp Duty on Share Certificates in Punjab

    Posted By : Sachin / Published on : 07-Jun-2021 12:18 PM / View : 1182 / Comment : 1

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    Hi,

    How can we pay stamp duty on issue of share certificates in Punjab i.e. by affixing revenue stamps or any other way? Rate I have checked is 0.005%
    Read more on : punjab certificates share duty stamp

    • Rs. 10 Revenue stamp to be affixed per Share Certificate

      by affixing revenue stamps 0.005%

      Extracts of Schedule I of the Stamp duty on Instruments as per the Indian Stamp Act, 1899

       

      DEBENTURE—[as defined under section 2 (10A) of the Amendment to the Indian Stamp Act, 1899] ( Refer section 9A and 9B of the Amendment to the Indian Stamp Act, 1899)

       

      Description of Instrument

      Proper Stamp-duty

      (a) in case of issue of debenture;

      0.005%

      (b) in case of transfer and re-issue of debenture.

      0.0001%

       

      SECURITY OTHER THAN DEBENTURES ( Refer section 9A and 9B of the Amendment to the Indian Stamp Act, 1899)

       

      Description of Instrument

      Proper Stamp-duty

      (a) issue of security other than debenture;

      0.005%

      (b) transfer of security other than debenture on delivery basis;

      0.015%

      (c) transfer of security other than debenture on non-delivery basis;

      0.003%

      (d) Government securities

      0%

      (e) repo on corporate bonds

      0.00001%

       

       

      03-07-2023 / 07:10:05 AM
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