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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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