Priyanka
(Querist) 20 October 2009
This query is : Resolved
Dear Experts,
Please let me know the rate of Stamp duty payable on Deed of Guarantee.
We are advised that as per the latest notifcation in June 2009, it is 0.2% of the Loan Amount. It is mentioned that since there is no Specific mention about the Deed of guarantee in Bombay Stamp Act, it is taken as 0.2%.
Request please clarify on this issue, also give us the rate that is applicable.
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