what is rate of stamp duty payable on bills of exchange ?
Tipsy
(Querist) 11 November 2009
This query is : Resolved
In Maharashtra what is rate of stamp duty on Bills of Exchange with a tenor of 365 days and value is Rs.10864000 ? what is mode of payment for duty paid, is it by sp adhesive stamp or franking where is it done in Mumbai, the Bill of Exchange is to be unsigned during franking ?
Gulshan Tanwar
(Expert) 14 January 2011
No one answered the query, pity!!! I am not having time these days will be back to LCI after sometime and then only can answer the same.