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Stamp duty on issue of shares

Guest (Querist) 18 May 2011 This query is : Resolved 
Dear Friends,
If Board meeting for allotment of shares is held in USA and the share certificates are issued later within 3months of allotment in India. How shall the stamp duty be determined in such a case, whether it will be based on Regd office of the company, or place of issue of shares certificate or place of issue of shares.

Please clarify.

Thanks
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M.Sheik Mohammed Ali (Expert) 18 May 2011
place of issue shares certificate

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