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Siddhant Nanodkar   20 August 2021

Stamp duty on transfer of shares involving foreign entities

Is stamp duty applicable on transfer of shares of an Indian Company by one foreign entity to another foreign entity?

E.g. Shares of an Indian Company, held by an entity in France are sold to an entity in Singapore.


Learning

 1 Replies

Swadha   08 August 2022

Transfers of shares (on delivery basis) are subject to stamp duty at the rate of 0.015 percent of the market value of the shares transferred. Below I have attached the article which help you. 

https://www.mondaq.com/india/shareholders/1002880/indirect-transfer-of-shares-in-an-indian-company-singapore-shareholder-held-to-be-not-taxable-in-india 


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