Dear Professionals
Please advise me upon the Stamp duty liability consequent upon Splitting of / Issue of Duplicate Share Certificate in case of unlisted Company registered in Delhi.
The Company has already paid the relevant Stamp duty on issue of original Instrument (Share Certificate).
Section 3 of Stamp Act, 1899 specifies that Stamp duty in payble on instrument which are menetioned in Schedule 1 of Stamp Act, and section 2(14) specifies “instrument” includes every document by which any right or liability is, or purports to be, created, transferred, limited, extended, extinguished or recorded;
Thanks and Regards
Adv. Deepak Kumar Singhal
F-64, Basement, Kalkaji, New Delhi- 110019
