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Stamp duty payable on issue of share certificate

Guest (Querist) 22 February 2017 This query is : Resolved 
One Company in West Bengal has to issue share-certificate.Can any one tell me,what is the stamp duty payable in that state for issue of Share-certificate?
Guest (Expert) 22 February 2017
As Per Indian Stamp Act 1889 and West Bengal Amendment Act 1987 It would be 0.60 Paise for each folio irrespective of considerations.
Rajendra K Goyal (Expert) 22 February 2017
Stamp fee, state subject, differ from state to state.

Discuss with the company secretary / company legal adviser.
kavksatyanarayana (Expert) 22 February 2017
Agreed with the advise of Mr.NJS Rajkumar alias narasimh sir.
Guest (Expert) 23 February 2017
Thanks to Mr.KavKsatyanarayana Ji
Adv. Yogen Kakade (Expert) 23 February 2017
I agree with the experts.


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