Stamp duty payable on issue of share certificate

Company Secretary

Whether stamp Duty on share certificate is affixed based on the rate applicable at the place where the registered off. of the co. is situated or at the place where the bd held its meeting to approve issue of the share-certificate? The above information is required by a Company for the purpose of issue of share certificates.
 
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Yes u have to pay stamp duty on share certificate
 
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Rate of Stamp Duty affixed on the share certificates are based as the State Stamp Act in which the Registrered office of the Company Situated.

 
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