Hi Everyone,
Whether the Stamp Paper of INR 100 will work for gift deed for shares or any higher amount stamp paper is required?
Dear All,
We have incorporated a company in Mumbai and we need to pay stamp duty in Mumbai and we have no idea how to pay.
We request you to suggest to me how to pay stamp duty in Mumbai.
Hi,
can we pay stamp duty by buying different state stamp paper
Dear Members,
Please anyone share rate of stamp duty for share certificate in Kolkata, West Bengal.
Learned Members,
Please guide the stamp duty and registration fee, if any, in the state of Madhya Pradesh on agreement for Conversion of Loan into Equity under Section 62(3) of the Companies Act and also guide whether Valuation Report will be required or not.
Hi,
The status of Spice + showing "invalid and not taken on record".
We are filing it again spice+ now .
can the stamp duty paid be refunded
Good Evening
Wanted to check if any one knows how to pay stamp duty on AOA in Rajasthan.
Hello Everyone,
Please confirm the procedure to pay stamp Duty on issue of debentures in physical mode as per amendment in Indian Stamp Act (RULE 9B) in the state of Uttar Pradesh.
Dear All
Can anybody let me know the detailed procedure of stamp duty payment in the state of UP for subscription of shares after Incorporation.
Hello,
For a newly incorporated Company in Maharashtra, can the stamp duty on issuance of share certificates be paid online through Estbr?
certificates
share
duty
stamp
Hey Folks,
I have a small query regarding the stamp duty rates. What will be the applicable stamp duty for an assignment agreement (not pertaining to IP, it is the assignment of debt or loan) in Gujarat and Mumbai? Kindly quote the relevant article and sections.
The term debenture has been defined under Section 2(30) of the Companies Act, 2013 to include debenture stock, bonds or any other instrument of a company evidencing a debt, whether constituting a charge on the assets of the company or not.
The term Debenture has not been defined under the Act. The term “Debenture” has only been specified in List I of the Act which reads as under:
Art. 27 of stamp Act. DEBENTURE (where a mortgage debenture or not), being marketable security transferable-
a. By endorsement or by a separate instrument of transfer
b. By delivery
Explanation – The term “Debenture” includes any interest coupons attached thereto but the amount of such coupons shall not be included in estimating the duty.
Exemption
A debenture issued by an incorporated company or other body corporate in terms of a registered mortgage deed, duly stamped in respect of the full amount of debentures to be issued thereunder, whereby the company or body borrowing makes over, in whole or in the party, their property to trustees for the benefit of the debentures holder:
Provided that the debentures so issued are express to be issued are expressed to be issued in terms of the said mortgage deed.
0.05% per year of the face value of the debenture, subject to the maximum of 0.25% or rupees twenty-five lakhs whichever.
In terms of the provision, for Debenture to attract levy of stamp duty it needs to be a “Marketable Security” transferable by endorsement or by a separate instrument of transfer or by delivery.
A company issuing debentures is required to pay stamp duty only if debentures are treated as “marketable security”. Hence, it is important to analyse the expression “marketable security”.
Please, anyone, clear the same if need to pay and how to pay?
debentures
payment
duty
stamp
