Varinder Gupta 23 May 2020

How much stamp duty required for partnership deed

respected Sir/mam,
I have drafted a partnership deed for one of my client. You are requested to guide me about what value of stamp paper or duty required for such deed.
Thanks in advance

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Quick Summary

The amount of stamp duty required for a partnership deed varies significantly depending on the specific state in India. While some states have fixed rates, others calculate duty based on a percentage of the capital or a portion of the capital. It's essential to consult the Stamp Act of the relevant state or seek advice from a local lawyer or sub-registrar to ascertain the exact stamp duty applicable to your partnership deed.

6 Replies

Kamal Grover (Advocate High Court Chandigarh M:09814110005 email:adv.kamal.grover@gmail.com) 23 May 2020

Every STate has its own Registration fee. So please constact any local lawyer for exact amount.

Good Luck

Regards

adv.kamal.grover@gmail.com

SHIRISH PAWAR, 7738990900 (Advocate) 23 May 2020

Hi,

Please read stamp act of your state. In Maharashtra it is Rs. 500/-

Regards,

kavksatyanarayana (subregistrar/supdt.(retired)) 23 May 2020

The stamp duty varies from one State to another State. It is at Rs.300/- in Chennai, Rs.500/- in A.P., Rs.0.01% on every Rs.10,000/- or part thereof., and in Maharashtra, Rs.500/- for 50,000/- and if exceeds Rs.50,000/- the duty at 1%.

Varinder Gupta 23 May 2020

One more question, Client firm and partners address is Himachal Pradesh in partnership deed, Is it possible to pay stamp duty in Chandigarh as I'm works in Chandigarh. please guide