Stamp duty on share subscription agreement & share certifica

Nazir Shaha (Querist) 16 October 2012 This query is : Resolved
Can you please guide us on stamping and franking of the subscription agreement and the share certificate… the following questions we have:

1. Under which state we need to pay the stamp duty, given that we are registered in Bangalore, but the execution happened in Maharashtra

2. Do we need to pay stamp duty both on Subscription agreement and share certificate (in certificate by way of franking). If yes, what is the rate and total amount separately.

Can you add any study material clarifying this point.

Regards
Nazir

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