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Stamp Duty on Share Certificate (Rates) for States & Union Territories in India

In accordance with the Indian Stamp Act 1899 read with the laws for stamp duty of respective States and Union Territories - stamp duty is required to be paid in case of issue of share certificate by a Company.

State
Rate of Stamp Duty
Applicable Law
Reference
Andhra Pradesh
Re. 0.30 (Paisa Thirty Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Andhra   Pradesh Extension and Amendment) Act, 1959
Arunachal Pradesh
Rs. 5.00 (Rupees Five Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Arunachal Pradesh Amendment) Act, 2007
Assam
Rs. 5.00 (Rupees Five Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Assam Amendment) Act, 2004
Bihar
Rs. 10.00 (Rupees Ten Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Bihar Amendment) Act, 1991

Chhattisgarh
Rs. 10.00 (Rupees Ten Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Chhattisgarh Amendment) Act, 2005
Goa
Rs. 10.00 (Rupees Ten Only) for each folio irrespective of the consideration. 
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Goa, Daman and Diu Amendment) Act, 1968
(c) The Indian Stamp (Goa Amendment) Act 2015
Gujarat
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of the value of the shares, scrip or stock.

(the value of the shares, scrip or stock includes the amount of premium, if any)
(a) Bombay Stamp (Gujarat Amendment) Act, 2013
Haryana
Rs. 0.40 (Paisa Forty Only) for each folio irrespective of the consideration. One Rupee Revenue stamp can be affixed.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Haryana Amendment ) Act, 1971
Himachal Pradesh
Rs. 0.40 (Paisa Forty Only) for each folio irrespective of the consideration. One Rupee Revenue stamp can be affixed.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Himachal Pradesh Amendment) Act, 1952

Jammu & Kashmir (J&K)
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of the value of the shares, scrip or stock.
(a) The Stamp (Amendment) Act, 2011
Jharkhand
Two Annas for each folio irrespective of the consideration. One Rupee Revenue stamp can be affixed.
(a) The Indian Stamp Act, 1899
Karnataka
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of the value of the shares, scrip or stock.
(a) Karnataka Stamp Act, 1957
(b) Karnataka Stamp (Amendment) Act 2015
Kerala
Re. 1.00 (Rupee One Only) for each folio irrespective of the consideration.
(a) The Kerala Stamp Act, 1959

Madhya Pradesh
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of the value of the shares, scrip or stock.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Madhya Pradesh Amendment) Act, 2014
Maharashtra
0.1% (One percent) of the value of the shares, scrip or stock.
(a) Maharashtra Stamp Act, 1958
(b) Maharashtra Stamp (Amendment) Act, 2015
Manipur
Rates as in force in the State of Assam.
(a) The Indian Stamp Act, 1899
Meghalaya
Rs. 2.00 (Rupees Two Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Meghalaya Amendment) Act,   1993
Mizoram
10(Ten) paise for every 100(One Hundred) rupees or a part thereof, of the value of the shares, scrip or stock.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Mizoram Amendment) Amending Act, 1996

Nagaland
Re. 0.45 (Paisa Forty Five Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Nagaland Amendment), 1989
Odisha (Orissa)
Re. 1.00 (Rupee One Only) for each folio irrespective of the consideration. One Rupee Revenue stamp can be affixed.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Orissa Amendment) Act, 2001
Punjab
Rs. 10 (Rupees Ten Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Punjab   Amendment ) Act, 2005
Rajasthan
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of the value of the shares, scrip or stock.
(a) The Indian Stamp Act, 1899
(b) The Rajasthan Stamp Act, 1998
Sikkim
(a) The Indian Stamp Act, 1899
Tamil Nadu   
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of the value of the shares, scrip or stock.
(a) The Indian Stamp Act, 1899
(b) Tamil Nadu Stamp Act,  2013
Telangana
Rs. 10.00 (Rupees Ten Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Andhra   Pradesh Extension and Amendment) Act, 1959
Tripura
Rates as in force in the State of Assam.
(a) The Indian Stamp Act, 1899
Uttar Pradesh
Re. 1.00 (Rupee One Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Uttar Pradesh Amendment) Act, 1997


Uttarakhand
Re. 1.00 (Rupee One Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Uttarakhand Amendment ) Act, 2002
West Bengal
Rs. 0.60 (Paisa Sixty Only) for each folio irrespective of the consideration.
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (West Bengal Amendment) Act,   1987


Union Territories
Rate of Stamp Duty
Applicable Law
Reference
Andaman and Nicobar Islands
Chandigarh
Rs. 0.40 (Paisa Forty Only) for each folio irrespective of the consideration.
Dadra and Nagar Haveli
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of the value of the shares, scrip or stock.
Daman and Diu
Rs. 10.00 (Rupees Ten Only) for each folio irrespective of the consideration. 
(a) The Indian Stamp Act, 1899
(b) The Indian Stamp (Goa, Daman and Diu Amendment) Act, 1968
National Capital Territory of Delhi (NCT of Delhi)
1(One) rupee for every 1000(One Thousand) rupees or a part thereof, of the value of the shares, scrip or stock.
(a) The Indian Stamp (Delhi Amendment) Act, 2001
Lakshadweep
(a) The Indian Stamp Act, 1899
Puducherry (Pondicherry)
(a) The Indian Stamp Act, 1899


Disclaimer: We have made best efforts to compile the above information. However, you are requested to refer to the relevant Stamping laws in force of the concerned State/Union Territory and/or consult with respective statutory authorities before proceeding with any actual transaction. We shall not be held responsible for any discrepancy or inaccuracy found in the above information. Any discrepancy found in the above may be brought to our notice through email or comment below.

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