If the transfer is related to the property, the stamp duty paid is twenty-five rupees per rupee of five cents. The obligation varies with respect to the property area. 2.2 p. 3 of the Act, stamp duty, at the rate indicated in Schedule I, is imposed on any instrument exported to the state. Instruments performed outside the state are taxable only upon receipt in the state, provided they relate to real estate or something to do in the state. The Stamp Board determines the market value of the property by referring to an annual price statement (commonly known as Stamp Duty Ready Reckoner) that gave the market values of various properties in Mumbai. The recconer divides the land into different categories such as developed land, undeveloped land, housing units, industrial/office units, businesses, etc., and determines its market value. It is true that for the purposes of consideration, individual assets are not considered the same as those that must be considered individually for stamp duty purposes, since the law does not provide for provisions relating to business transfers. Therefore, any asset to be transferred, whether mobile or immobile, and that the collection of stamp duty is in accordance with regional rules. 2.1 It is very important to note that stamp duty is on an instrument and not on a transaction.
4.8 Stamp duty must be paid at Schedule I rates. Depending on the instrument, it can be based on market value, surface or various other criteria. For instruments based on the market value of the property, the term for each property subject to an instrument indicates the price that property would have obtained if it had been sold on the open market at the time of the performance of such an instrument or consideration, according to the highest value. 4.5 Stamp papers must be in the name of one of the parties to the transaction. They cannot be in the name of the accountant or counsel for the parties. Article 34 of the Schedule 1-A of the Delhi Stamp Act stipulates that stamp duty if the amount of compensation does not exceed one thousand (rule 1000/-) is 2% and 0.5%. The stamp duty is one hundred rupees (Rs.100/-), if the amount of rupees exceeds one thousand. Section 25 of the Bombay Stamp Act states that stamp duty on mobile property transport is three per cent of the market value of the property.
Article 35 of Schedule 1 of the Bombay Stamp Act stipulates that stamp duty on the loan of compensation must be 500 ru. (five hundred rupees). See the reserve of Section 32 of the Indian Stamp Act, 1899). – You have 30 days to pay stamp duty. In section 32, if Indian Stamp Act, it is not mentioned where. Ask to check this once and confirm Article 5, point (ii) of the law plan that determines stamp duty on the agreement or agreement to sell property in which ownership of the property is not delivered. Stamp duty is ten paises per hundred rupees (0.1%) Market value equal to counterparty. The top cap is 20,000 rupees (Rs. 20,000/-) and the lowest is five cent rupees (Rs. 500/-).
In the event of a merger between a subsidiary and a parent company, the stamp duty paid is equal to 1% of the total value of the shares issued or charged in return or on the higher amount paid. The stamp duty rate is wrong. pls check before booking The value of the largest remaining action after partition will be excluded after filing the above documents for customs, if we submit the above documents in the time they are generated after about a month (it may be less or more) and we must pay the amount shown in Challan by Net Banking/Debit Card credit card.