Advocate
[ Scorecard : 69]
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Posted On 17 January 2009 at 16:17
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If a share Certificate is been Issued, What is the Vale of Revenue Stamp to be affixed on a share certificate for a value of Rs 10/- each.
What if Rs 70,000/- Shares is issued in a very same certificate of a private ltd company.
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Legal Consultant/Lawyer
[ Scorecard : 12170]
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Posted On 17 January 2009 at 17:41
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Dear Bhojraj,
You have to pay stamp duty as per the state law in which company's registered office is situated.
With reference to your several querries, mostly you are asking for Maharashtra/Mumbai, so as per my knowledge, in Maharashtra, it is one rupee for every thousand rupee or part there of, of the value of shares issued, adhehsive stamp or otherwise impressed stamps to be used is Rs.1/-.
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Advocate
[ Scorecard : 344]
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Posted On 18 January 2009 at 08:34
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Dear Bhojraj, see the link below http://www.helplinelaw.com/docs/shares/07.php
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Advocate & Solicitor
[ Scorecard : 281]
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Posted On 19 January 2009 at 16:03
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As per the Indian stamp act the Stamp duty is payable on tthe amount for which you have purcased the Shares.
It is 0.75 per 100/-rs of part thereof.
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service
[ Scorecard : 523]
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Posted On 14 June 2012 at 23:39
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An Indian company has entered into an agreement with a foreign party for supply of goods by foreign party to the Indian party. The agrement has been made by Indian party on its letter head which has been signed by both the party.
My query is : Whether the agreement made on letterhead of Indian party is a valid I mean whether it should be executed on the stamp paper and what will be the value of stamp paper.
Looking forward to your response please.
Thanks
P.C. Joshi
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Web Maseter
[ Scorecard : 38]
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Posted On 14 September 2012 at 15:59
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