• Share transfer stamp duty

What will be the rate of share transfer stamp duty in West Bengal in case of transfer of shares of a private limited company(unlisted) in light with Finance Act,2019?
Asked 6 years ago in Business Law

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8 Answers

The Stamp duty payable is Rs. 25 paisa per Rs. 100/- of Consideration. 

Shubham Jhajharia
Advocate, Ahmedabad
25513 Answers
179 Consultations

If you have transfer shares title than you have to pay stamp duty 25 paise for every Rs. 100 or part thereof of the value of the share.

Ganesh Kadam
Advocate, Pune
13008 Answers
267 Consultations

You need to inquire the same at the sub registrar office for updated information. It will depend on value of your shares to be transferred

Prashant Nayak
Advocate, Mumbai
34514 Answers
249 Consultations

Stamp duty is state subject and varies from state to state 

 

local lawyer can guide you as to exact stamp duty payable 

Ajay Sethi
Advocate, Mumbai
99775 Answers
8145 Consultations

Dear Sir,

 

- The details are very well shared on below website of West bengal

             "https://wbregistration.gov.in/(S(adnpqxduo2lrjoxhzqat3ozy))/Stamp_duty.aspx"

- S. No 4 gives clear input on your query.

 

Regards

 

Vivek Arya

Retired Lawyer
Advocate, Gurgaon
767 Answers
6 Consultations

0.25% of consideration i.e. 24 paisa of rs 100.

Yogendra Singh Rajawat
Advocate, Jaipur
23079 Answers
31 Consultations

Better consult a local lawyer, stamp duty is state subject and varies from state to state .

Mohammed Mujeeb
Advocate, Hyderabad
19325 Answers
32 Consultations

Stamp Duty is levied at the rate of 0.25% of consideration i.e. the amount to be paid is 25 paise for a share transfer of Rs. 100. If required, the total amount of stamp duty will be rounded off to next or upper 5 paise. Though there is no stamp duty on transfer of shares or debentures in a depository scheme.

T Kalaiselvan
Advocate, Vellore
89977 Answers
2492 Consultations

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